Colombia Imports YoY

Imports to Colombia decreased by 14.5% year-over-year to USD 5.166 billion in November 2023, marking the thirteenth consecutive month-to-month decline. The lower was resulting from decrease purchases of manufactured merchandise (-16.1%), agricultural merchandise, meals & drinks (-21.1%), whereas different sectors (+41.9%) and fuels and merchandise from extractive industries (+2.2%) elevated. Key import companions included the US (26.5% of whole acquisitions), China (23.7%), and Brazil (5.7%). supply: Dane, Colombia

Imports YoY in Colombia decreased to -14.50 % in November from -12.30 % in October of 2023. Imports YoY in Colombia averaged 8.41 % from 1981 till 2023, reaching an all time excessive of 108.90 % in March of 1993 and a report low of -40.50 % in April of 1999. This web page features a chart with historic information for Colombia Imports YoY. Colombia Imports YoY – information, historic chart, forecasts and calendar of releases – was final up to date on January of 2024.

Imports YoY in Colombia decreased to -14.50 % in November from -12.30 % in October of 2023. Imports YoY in Colombia is anticipated to be -12.60 % by the top of this quarter, based on Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Colombia Imports YoY is projected to pattern round 4.00 % in 2025, based on our econometric fashions.

Colombia primary imports are: equipment and transport tools (39 % of whole imports); manufactured merchandise (22 %); chemical compounds and associated merchandise (17 %); gas, mineral lubricants and associated merchandise (10 %) and meals and livestock (Eight %). Foremost import companions are: United States (24 % of whole imports), China (16 %), Mexico (11 %) and Brazil (5 %). Others embody: Germany, Argentina, Japan, France, South Korea and Canada.