Exports in Colombia
Colombia - Exports (percent change)
Export growth soars in April
According to the National Department of Administrative Statistics (DANE), the annual pace of expansion in exports rocketed to 38.5% in April, up from a meagre 1.4% in March. All three main product groups recorded robust growth, rising at a double-digit rate. Exports of farming, food and beverages rebounded, while exports of fuels and products of extractive industries, and exports of manufacturing output accelerated markedly.
In March—the most recent month for which data is available—imports contracted 5.3% year-on-year, which contrasted a 0.1% upturn in February. All three main import groups, covering farming, fuels and manufactured goods, registered a decline.
In annual terms, the trade deficit shrunk to USD 384.0 million in March from USD 638.8 million from the same month of the previous year. March’s deficit was smaller than the USD 494.2 million deficit recorded in February.
Panelists participating in the LatinFocus Consensus Forecast project that exports will grow 11.8% in 2018 and 5.2% in 2019.
Colombia - Exports (%) Data
|Exports (annual variation in %)||-2.2||-6.7||-34.3||-11.8||18.9|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.62||0.0 %||Jun 14|
|Exchange Rate||2,863||-0.17 %||Jun 14|
|Stock Market||12,282||-0.66 %||Jun 14|
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June 5, 2018
According to the National Department of Administrative Statistics (DANE), consumer prices increased 0.25% over the previous month in May, a softer upturn compared to the 0.46% rise in April.
June 1, 2018
The seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) dropped to 51.1 in May after rising to a 19-month high of 52.1 in April.
June 1, 2018
According to the National Department of Administrative Statistics (DANE), the annual pace of expansion in exports rocketed to 38.5% in April, up from a meagre 1.4% in March.
May 22, 2018
According to the latest GDP data released by the National Statistical Institute (DANE) on 22 May, the economy grew 2.2% in the first quarter, picking up from a revised 1.8% figure in the final quarter of 2017 (previously reported: +1.6% year-on-year).
Colombia: Colombia gears up for presidential election, with center-right candidate the favorite to win
May 14, 2018
Colombia is set to hold the first round of its important presidential election on 27 May.