Colombia's Trade Deficit for May 2018 – Economy



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Colombia's trade deficit rose to $ 637.8 million in May

  Where there is TPP, Colombia would be the second most affected in the region

Between January and May, the trade deficit The number of countries contracted to 2,129.8 million, from 3,210.4 million in the same period of the year 2017.

photo: [19659010] Archive / EL TIEMPO

Economics and Trade


July 19, 2018, 20:06


While external sales of Colombian goods and services increased by 5.02% year-on-year purchases reached a rate of 20.9%.

The Dane noted that the negative balance for the month of May was higher than the $ 324.8 million in April. The deficit results from imports of 4 319.4 million and exports of 3 681.6 million .

The same entity reported that Colombia 's trade deficit widened in the fifth month of the year to 637.8. million dollars, compared with 66 million in the same month last year, due to a surge in imports.

Between January and May, the country's trade deficit contracted at $ 2,129.8 million,, 4 million for the same period of 2017 . In the first five months accumulated, exports increased by 14.4%, while imports increased by 5.99%.

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