Imports in Colombia
Colombia - Imports
Exports rebound in February
According to the National Department of Administrative Statistics (DANE), exports returned to growth in February, growing 6.2% over the same month of the previous year. February’s print contrasted a 7.8% year-on-year contraction in January. The latest print was underpinned by a rebound in the overseas sales of fuels and products of extractive industries, and farming, food and beverages. On the downside, manufacturing exports lost steam from the previous month.
In January—the latest month for which data is available—imports decelerated, but nonetheless grew at a strong pace. Import growth moderated to 11.2% year-on-year in January, down from 15.1% in December. January’s reading reflected a double-digit surge in imports of fuels, while imports of agricultural and manufacturing products rose at a modest rate.
Meanwhile, in annual terms, the trade deficit widened to USD 1.0 billion in January from a USD 587 million shortfall in December. January’s print was also bigger than the USD 386 million deficit recorded in the same month of last year.
Panelists participating in the LatinFocus Consensus Forecast project that exports will grow 7.9% in 2019. In 2020, panelists project export growth decelerating to 5.3%.
Colombia - Imports Data
|Imports (USD billion)||56.6||61.1||51.6||42.8||44.0|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.35||0.0 %||Apr 12|
|Exchange Rate||3,116||-0.17 %||Apr 12|
|Stock Market||13,130||-0.66 %||Apr 12|
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April 17, 2019
The Fedesarrollo consumer confidence index rebounded after remaining in negative territory for six consecutive months; it rose to 1.2 points in March from minus 5.6 points in February.
April 12, 2019
According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 12 April, the industrial sector grew 2.8% over the same month of last year in February.
April 5, 2019
According to the National Department of Administrative Statistics (DANE), consumer prices increased 0.43% over the previous month in March, a slightly softer upturn compared to February’s 0.57% month-on-month rise.
April 4, 2019
According to the National Department of Administrative Statistics (DANE), exports returned to growth in February, growing 6.2% over the same month of the previous year.
April 1, 2019
Colombia’s manufacturing sector contracted more sharply in March, reflected by a drop in the seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) from 49.5 in February to 48.9 in March.