Colombia - Exports of Goods





Colombia: Exports of Goods

Mnemonic TREG.ICOL
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 10.39 %
Data 2022 Q4 17,224
2022 Q3 19,221

Series Information

Source Bank of the Republic of Colombia
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/2000
End Date 12/31/2022

Colombia: Trade

Reference Last Previous Units Frequency
Balance of Goods 2022 Q4 -3,871 -4,545 Mil. USD, NSA Quarterly
Current Account Balance 2022 Q4 -4,986 -6,090 Mil. USD, NSA Quarterly
Exports of Goods 2022 Q4 17,224 19,221 Mil. USD, NSA Quarterly
Exports of Goods and Services 2022 Q4 78,424 77,099 Bil. COP, CDASA Quarterly
Imports of Goods 2022 Q4 21,095 23,767 Mil. USD, NSA Quarterly
Imports of Goods and Services 2022 Q4 106,998 108,051 Bil. COP, CDASA Quarterly
Net Exports Dec 2022 1,353 1,481 Mil. USD FOB/CIF Monthly
Real Exports of Goods and Services 2022 Q4 34,704 34,944 Bil. 2015 COP, CDASA Quarterly
Real Imports of Goods and Services 2022 Q4 62,917 66,441 Bil. 2015 COP, CDASA Quarterly

Release Information

For Colombia, detailed quarterly balance of payments under the IMF BPM6 framework.

Active:

  • Framework: BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 2000Q1

Predecessor:

  • BPM5 - 1996 to 2013

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.

Moody's Analytics supplements

For the current accounts balance, we have extended the history to 1996. We have constructed a seasonally adjusted supplement.

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.