April trade defecit from positive to negative

Colombia posted a trade deficit
of $106.4 million in April versus a surplus of $183 million in
the same month last year, the government said on Friday.

Colombian exports slumped 27.7 percent in April from the
same month last year to $2.42 billion, according to a statement
from the government’s statistics department.

International demand for commodities produced in Colombia
has been sapped by the global economic slowdown.

Exports from the Andean country fell 17.3 percent in the
first four months of the year to $9.94 billion, versus the same
2008 period, the department said.

The country’s trade deficit was $117.5 million in the
January-April period versus a surplus of $524.7 million in the
first four months of 2008. (Reuters)

Related posts

Colombia’s congress sinks Petro’s budget finance bill

Colombia’s Senate agrees to begin decentralizing government

Colombia’s truckers agree to lift blockades after deal with government