Exports from Colombia tumbled by 31.5 percent from a year earlier to USD 3.739 million in April of 2023, the fifth consecutive decline and the sharpest since May 2020. The decline was led by a 42.9 percent contraction in sales of fuels and products from extractive industries, largely due to the year-on-year slump in energy prices worldwide. Exports also fell for agricultural goods (-26.4 percent), manufacturing goods (-1.6 percent), and goods from other sectors (-1.3 percent). source: Dane, Colombia

Exports YoY in Colombia averaged 11.62 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 June of 2023.

Exports YoY in Colombia is expected to be -14.20 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 2024, according to our econometric models.

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Colombia Exports YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-05-04 03:00 PM Mar -10% -0.2% -11.0%
2023-06-06 03:00 PM Apr -31.5% -10% -15.0%
2023-07-05 03:00 PM May -31.5%

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
-31.50 -10.00 166.70 -60.00 1965 - 2023 percent Monthly

News Stream
Colombia Exports Sink the Most in 3 Years
Exports from Colombia tumbled by 31.5 percent from a year earlier to USD 3.739 million in April of 2023, the fifth consecutive decline and the sharpest since May 2020. The decline was led by a 42.9 percent contraction in sales of fuels and products from extractive industries, largely due to the year-on-year slump in energy prices worldwide. Exports also fell for agricultural goods (-26.4 percent), manufacturing goods (-1.6 percent), and goods from other sectors (-1.3 percent).
2023-06-06
Colombian Exports Contract for 4th Month
Exports from Colombia tumbled by 10 percent from a year earlier to USD 4.463 billion in March 2023, the fourth consecutive decline. Shipments dropped most for fuels and goods from extractive industries (-16.3 percent), followed by agricultural goods (-10.2 percent), and manufacturing goods (-1.2 percent). Considering Q1, exports went down by 4.7 percent.
2023-05-04
Colombian Exports Contract for 3rd Month
Exports from Colombia fell by 0.2 percent from a year earlier to USD 4.2 billion in February of 2023, the third consecutive drop, but slowed from the 2.8 percent contraction in the previous month. Shipments contracted for agricultural goods (-4.9 percent vs -9.9 percent in January), and manufacturing goods (-1.9 percent vs 0.1 percent), while they rebounded for fuels and goods from extractive industries (6.8 percent vs -4.9 percent).
2023-04-04


United Nations Comtrade Database
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