Colombia recorded a commerce deficit of 1.02 USD Billion in November of 2023. Steadiness of Commerce in Colombia averaged -0.31 USD Billion from 1980 till 2023, reaching an all time excessive of 0.81 USD Billion in December of 2011 and a report low of -2.91 USD Billion in August of 2022. supply: Dane, Colombia
Steadiness of Commerce in Colombia is predicted to be -1.31 USD Billion by the top of this quarter, based on Buying and selling Economics world macro fashions and analysts expectations. Within the long-term, the Colombia Steadiness of Commerce is projected to pattern round -2.02 USD Billion in 2025, based on our econometric fashions.
Colombia is a significant exporter of fuels and extractive industries merchandise (56 % of whole exports). Different exports embody: agricultural, meals, and beverage (20 %) and manufactured items(19 %). Primary imports are: manufactured merchandise (74 % of whole imports); fuels and extractive industries merchandise (15 %) and agricultural, meals, and beverage(7 %) Primary buying and selling companions are: United States (26 % of whole exports and 24 % of imports) and China (four % of exports and 24 % of imports). Others embody: Panama, Brazil, Mexico, Germany and France.
| Precise | Earlier | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| -1.01 | -1.22 | 0.81 | -2.91 | 1980 – 2023 | USD Billion | Month-to-month |
Colombia Commerce Hole Contracts in October
2023-12-20
Colombia Commerce Deficit Shrinks in September
2023-11-16
Colombia Commerce Hole Narrows in August
2023-10-20
