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Market Update: Colombia Imports Jump in April

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Market Update: Colombia Imports Jump in April

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Market Update: Colombia Imports Jump in April
Imports to Colombia surged by 51.7 percent over a year ago to USD 4.697 billion in April of 2021, following a 35.7 percent gain in the previous month. This large variation was mostly explained by the low baseline effect from the pandemic outbreak, and it was driven by increases in the purchases of manufactured products (76.9 percent). Among major trading partners, imports went up mainly from China (108.9 percent) and Mexico (50.5 percent). source: Dane, Colombia [/s2If]
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