Exports from Colombia declined by 4.2% from a year earlier to USD 4.445 million in December of 2023, marking the thirteenth consecutive monthly drop. Shipments fell primarily for fuels and products from extractive industries decreased (-5.9%), amid lower sales of coal, coke, and briquettes (-28.1%), followed by manufactured good (-2.5%), mainly due to a decline in sales of material good (-22.7%) and miscellaneous manufactured goods (-9%) and exports for agricultural goods (-2.7%), namely coffee (-12.8%) and sugar (-42.3%). Main export partners were the US (24.8% of total shipments), followed by Panama (9.7%), India (7.5%) and China (5.3%). source: Dane, Colombia

Exports YoY in Colombia decreased by 4.20 percent in December from -9 percent in November of 2023. Exports YoY in Colombia averaged 11.34 percent from 1965 until 2023, reaching an all time high of 166.70 percent in July of 1972 and a record low of -60.00 percent in October of 1966. This page includes a chart with historical data for Colombia Exports YoY. Colombia Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2024.

Exports YoY in Colombia decreased by 4.20 percent in December from -9 percent in November of 2023. Exports YoY in Colombia is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Exports YoY is projected to trend around 4.00 percent in 2025, according to our econometric models.

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Colombia Exports YoY


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-05 03:00 PM
Exports YoY
Nov -9% -1.5% -6.0%
2024-02-05 03:00 PM
Exports YoY
Dec -4.2% -9% -10.0%
2024-03-04 03:00 PM
Exports YoY
Jan -4.2% -6.2%


Related Last Previous Unit Reference
Balance of Trade -0.81 -1.01 USD Billion Dec 2023
Current Account -1680.00 -2345.00 USD Million Sep 2023
Current Account to GDP -6.20 -5.70 percent of GDP Dec 2022
Imports 5.26 5.17 USD Billion Dec 2023
Exports 4.45 4.15 USD Billion Dec 2023
External Debt 193907.75 190353.52 USD Million Nov 2023
Foreign Direct Investment 3368.43 5230.84 USD Million Sep 2023
Capital Flows -1386.59 -2654.38 USD Million Sep 2023
Remittances 912.79 914.21 USD Million Jan 2024
Gold Reserves 4.68 4.68 Tonnes Dec 2023
Crude Oil Production 778.00 771.00 BBL/D/1K Oct 2023
Exports YoY -4.20 -9.00 percent Dec 2023
Imports YoY -10.20 -14.50 percent Dec 2023
External Debt to GDP 25.80 22.30 percent of GDP Dec 2021
Terms of Trade 122.58 124.09 points Jan 2024
Terrorism Index 6.70 7.07 Points Dec 2022
Exports by Country
Exports by Category
Imports by Country
Imports by Category

Colombia Exports YoY
Colombia´s economy is highly dependent on exports of commodities. Oil and coal exports account for 59 percent of total shipments and gold for 5 percent. Yet, in recent years, other products such as chemicals, machinery and cut flowers have been gaining importance. Colombia´s main exports partners are: United States (36 percent of total exports), China (6 percent), Spain (5 percent) and Venezuela (4 percent). Others include: Netherlands, Chile, Ecuador, Peru, India, Brazil, and United Kingdom.
Actual Previous Highest Lowest Dates Unit Frequency
-4.20 -9.00 166.70 -60.00 1965 - 2023 percent Monthly

News Stream
Colombia Exports Sink for 13th Month
Exports from Colombia declined by 4.2% from a year earlier to USD 4.445 million in December of 2023, marking the thirteenth consecutive monthly drop. Shipments fell primarily for fuels and products from extractive industries decreased (-5.9%), amid lower sales of coal, coke, and briquettes (-28.1%), followed by manufactured good (-2.5%), mainly due to a decline in sales of material good (-22.7%) and miscellaneous manufactured goods (-9%) and exports for agricultural goods (-2.7%), namely coffee (-12.8%) and sugar (-42.3%). Main export partners were the US (24.8% of total shipments), followed by Panama (9.7%), India (7.5%) and China (5.3%).
2024-02-05
Colombian Exports Fall for 12th Month
Exports from Colombia declined by 9% from a year earlier to USD 4.151 million in November of 2023, marking the twelfth consecutive monthly drop. Shipments fell primarily for fuels and products from extractive industries increased (-19.1%), amid the decrease in sales of oil, petroleum products, and related products (-19.5%), followed by manufactured good (-1.3%), mainly due to a decline in sales of material good (-5.2%) and miscellaneous manufactured goods (-7.9%). Meanwhile, exports for agricultural goods increased (2.7%), namely flowers (13.6%) and livestock (158.5%), followed by exports for other sectors (30.3%), mainly due to higher sales of non-monetary gold (30.4%). Main export partners were the US (24.8% of total shipments), followed by China (8.5%), Panama (7%) and India (5.4%).
2024-01-05
Colombian Exports Drop for 11th Month
Exports from Colombia declined by 1.5% from a year earlier to USD 4.1508 million in October of 2023, marking the eleventh consecutive monthly drop and the slowest rate since February 2023. Shipments fell primarily for agricultural goods (-14.3%), namely coffee (-42.6%), followed by exports for other sectors (-4%), mainly due to lower sales of non-monetary gold (-4.7%). Meanwhile, exports for fuels and products from extractive industries increased (+1.2%), amid the increase in sales of oil, petroleum products, and related products (+28.1%), followed by manufactured products (+5.4%), mainly due to the growth in sales of machinery and transport equipment (+38.2%). Main export partners were the US (26.7% of total shipments), followed by Panama (14.3%), China (5.5%) and Ecuador (5.3%).
2023-12-04


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category