Sunday , June 13 2021

Imports grew 8.4% in September.

Economic writing

In September 2018, Colombia's trade deficit reached $ 391.2 million. In September 2017, the deficit was $ 186.2 million.

According to the National Statistical Office (DANE) National Statistical Office, imports rose 8.4% YoY in September. During this period, overseas purchases increased from $ 3,732 million to $ 4,047 million.

According to the ministry, the move is largely due to an increase in income from organizations that account for 78.8 percent of total overseas purchases. This was $ 3.11 billion, up 11.3 percent from September 2017.

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The participation rate was 13.4% in agriculture, food and beverage group. Changes in these purchases have rebounded by 2.4% in value terms. Finally, the extraction industry's fuel and product groups were down 7.6%, but down 6.1% from September last year.

Regarding origins, imports from the United States were the largest at 24.6%. China, Brazil, Germany, France and India.

In short, the trade deficit in Colombia in September 2018 was $ 391.2 million. In September 2017, the deficit was US $ 186.2 million.

"Colombia's imports from January to September 2018 were $ 37,408.6 million for CIF, up 8.4% from the same period in 2017.

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