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September 2, 2022
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The country’s exports totaled US$34,561.2 million as of July

The country's exports totaled US$34,561.2 million as of July

Colombian exports added US$34,561.2 million in seven months of 2022, until July. This was stated this Friday, September 2, by the National Administrative Department of Statistics (Dane) with the publication of the monthly foreign trade bulletin.

(See: Banco BBVA: “we will see a healthy slowdown in the economy”).

In this way, the foreign sales of the country grew 59.8% in this period compared to its similar one in 2021, when US$21,633.1 million were reached, explained the statistical entity.

In seven months of 2022, exports of the category fuels and products from extractive industries They increased 98.8% compared to the same period in 2021, totaling US$19,742.5 million. Specifically, oil sales stood out with a rise of 71.3% and those of coal (type of coal) rose 188.9%.

(See: Why Spain sees Colombia as a “first order economic partner”).

the category of agricultural products, food and beverages registered exports for US$7,070.1 million in this period, thus growing 35.1% versus 2021. Palm oil and its fractions (80.6%) and cut flowers and foliage (28%) represented the highest sales of this group.

In the period January-July 2022, the external sales of the group of manufactures were US$6,071.8 million and registered an increase of 30.2%, compared to January-July 2021. The advance was mainly explained by the increase in external sales of manufactured articles, classified mainly according to the material (53, 9%).

(See: ECLAC’s reasons for improving Colombia’s GDP by 2022).

Regarding export destinations, in seven months of the year, USA It is consolidated as the main place for Colombian foreign sales, with a 26% share in the total value exported. They are followed, in their order of participation, Panama, India, the Netherlands, Turkey, Brazil and China.

(See: Second semester would see slowdown, but GDP would close 2022 at 7%).

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