Colombia - Exports of Goods
Colombia: Exports of Goods
| Mnemonic | TREG.ICOL | |
|---|---|---|
| Unit | Mil. USD, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Quarterly | 0.38 % | |
| Data | 2019 Q4 | 12,928 |
| 2019 Q3 | 12,880 | |
Series Information
| Source | Bank of the Republic of Colombia |
| Release | Balance of Payments |
| Frequency | Quarterly |
| Start Date | 3/31/2000 |
| End Date | 12/31/2019 |
Colombia: Trade
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Net Exports | Jan 2020 | 905.96 | 741.3 | Mil. USD FOB/CIF | Monthly |
| Balance of Goods | 2019 Q4 | -3,064 | -3,978 | Mil. USD, NSA | Quarterly |
| Current Account Balance | 2019 Q4 | -3,522 | -3,955 | Mil. USD, NSA | Quarterly |
| Exports of Goods | 2019 Q4 | 12,928 | 12,880 | Mil. USD, NSA | Quarterly |
| Exports of Goods and Services | 2019 Q4 | 42,688 | 42,226 | Bil. COP, CDASA | Quarterly |
| Imports of Goods | 2019 Q4 | 15,992 | 16,858 | Mil. USD, NSA | Quarterly |
| Imports of Goods and Services | 2019 Q4 | 62,000 | 60,646 | Bil. COP, CDASA | Quarterly |
| Real Exports of Goods and Services | 2019 Q4 | 33,215 | 33,515 | Bil. 2015 COP, CDASA | Quarterly |
| Real Imports of Goods and Services | 2019 Q4 | 53,114 | 52,128 | Bil. 2015 COP, CDASA | Quarterly |
Release Information
According to the International Monetary Fund website, the Balance of Payments data is disseminated for the following:
Exports and imports of goods and services
International trade in goods
Exports and imports of services
Receipts and payments for services
Net income receipts
Net current transfers
Direct investment and portfolio investment (foreign investment in Colombia and Colombian investment abroad)
Loans
Commercial credit
Other capital and financial transactions (short-term and long-term)
Changes in international reserves
Source
The conceptual and methodological criteria under which the compilation of statistics on the balance of payments is done according to the Colombia Manual balance of payments and international investment position IMF International Monetary Fund, IMF, and Sixth Edition (BPM6).
The compilation of balance of payments (BOP) in Colombia is made by the Banco de la República (BR) based on a wide range of sources of information which is accessed through regulations issued directly by the Bank or by establishing agreements agency. The structure of information sources is composed of:
- administrative records
- reports obtained through the system ITRS (SINTI), which in the case of Colombia, not only covers made through the local financial system but also made through deposit accounts in foreign banks registered with the BR
- accounting reports both financial companies and non-financial
- access to specialized international data bases
- Estimates that follow the parameters BPM6 established methodology, in cases where no direct information is counted.
Building statistics BP takes into account its consistency with other macroeconomic statistics as Rest of World Account System of National Accounts SNA statistics of foreign trade in goods and monetary and financial statistics.
The data is preliminary when released. The data is set as "final" 12 months after the reference date. The Bank of the Republic of Colombia reserves the right to change "finalized" data.
Complete methodology is available here:
http://www.banrep.gov.co/sites/default/files/paginas/Metodologia_Balanza_Pagos.pdf (Spanish Only)
