Imports to Colombia decreased 1.6 percent over a year ago to USD 3.90 billion in February of 2021, following a 11.7 percent drop in the previous month, due to a 24.2 percent plunge in fuels & mining products. However, purchases increased among other groups of goods, mainly agricultural goods (5.2 percent) and manufactured products (0.1 percent). The largest import partners were China (24.8 percent of total imports), the US (24.3 percent), the EU (12.0 percent), Mexico (7.0 percent), and Brazil (5.0 percent). source: Dane, Colombia
Imports in Colombia averaged 1.92 USD Billion from 1980 until 2020, reaching an all time high of 6.08 USD Billion in July of 2014 and a record low of 0.28 USD Billion in March of 1986. This page provides the latest reported value for - Colombia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Imports - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Imports in Colombia is expected to be 4.10 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Colombia to stand at 4.50 in 12 months time. In the long-term, the Colombia Imports is projected to trend around 4.60 USD Billion in 2022 and 4.70 USD Billion in 2023, according to our econometric models.