Colombia’s trade deficit decreases 16.9% in September

Colombia’s trade deficit fell by 16.9% year-on-year in September to $771.4 million due to a reduction in imports, the government revealed on Thursday, amid the slowdown in domestic demand due to the crisis caused by the coronavirus pandemic. The imbalance resulted from imports for $3,303 million dollars and exports for $ 2,531 million dollars, specified the National Department of Statistics (DANE). Between January and September, Colombia’s trade deficit fell by 11, 1% to $ 6,950 million, compared to $ 7,818.4 million in the same period last year.

Source: Reuters