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Colombia USA trade
EconomyLatest news

Colombia imports up for September due to rise in oil imports

by Andrew J. Wight November 19, 2013
2.2K

Colombia’s imports climbed 10%, as compared to the same month last year, due to a major increase in oil imports, reported the Colombian government on Monday.

Imports increased from $4.68 billion for September 2012 to $5.15 billion for September 2013, according to a report released by the National Administrative Department of Statistics (DANE).

This after August saw a drop in national imports.

MORE:  Imports to Colombia down during August

The main cause for the growth was reportedly a 43.8% surge in the import of refined fuels and mining products, along with a 7.3% rise in manufactured goods.

A net producer of combustibles, Colombia’s internal production was hampered in September by industrial strikes and guerrilla attacks on infrastructure.

MORE: Colombia’s oil production drops

Through September, Colombia’s trade balance remains in surplus at $1.76 billion.

As of August of this year, the highest surpluses were with the United States ($2.85 billion), Panama ($2.1 billion) and the Netherlands ($1.3 billion).

Sources

  • Importaciones crecieron 10% en septiembre de este año revela el Dane (El Spectador)
  • Importaciones en Colombia han bajado 0,4 % en el 2013, según el Dane (El Pais)
economyFree Tradeimportsoiltrade

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Colombia News | Colombia Reports
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@2008-2019 - Colombia Reports. All Rights Reserved.
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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion