Exports in Colombia
Colombia - Exports
Export growth rises in July
According to the National Department of Administrative Statistics (DANE), the annual pace of expansion in exports rose to 16.2% in July, up from 15.9% in June. Exports of fuels and products of extractive industries surged, while manufacturing exports expanded at a more tepid rate. Conversely, exports of farming, food and beverages contracted again.
In June—the latest month for which data is available—imports climbed 11.9% year-on-year, marking smaller jump compared to the 20.9% upturn seen in May. Imports of farming and fuel products both expanded at a double-digit pace, while the rise in manufacturing imports was less notable.
In annual terms, the trade deficit shrank to USD 719.2 in June from USD 735.9 in the same month of the previous year. However, June’s deficit was larger than the USD 638.4 million deficit recorded in May.
Panelists participating in the LatinFocus Consensus Forecast project that exports will grow 13.7% in 2018 and 5.5% in 2019.
Colombia - Exports Data
|Exports (USD billion)||58.8||54.9||36.0||31.8||37.8|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.92||0.0 %||Sep 20|
|Exchange Rate||3,006||-0.17 %||Sep 20|
|Stock Market||12,207||-0.66 %||Sep 20|
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September 7, 2018
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.12% over the previous month in August, contrasting a 0.13% month-on-month drop in July.
September 7, 2018
On 6 September, the Colombian peso ended the day at 3,086 per USD, weakening 6.4% over the same day in August.
September 3, 2018
Colombia’s manufacturing lost some pace in August, with the seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) edging down to 53.3 from July’s 30-month high of 53.5.
August 22, 2018
According to the latest GDP data released by the National Statistical Institute (DANE) on 22 August, the economy accelerated on the back of a rebound in fixed investment and a pick up in private consumption.
August 16, 2018
The Fedesarrollo consumer confidence index came down to 9.8 points in July from June’s over-three-year high of 15.5 points, moving closer to the zero-point threshold separating optimism from pessimism among consumers.