Imports close the first semester at US$38,506.3 million CIF

Colombian imports closed the first semester with a value of US$38,506.3 million CIF, According to the balance of international trade presented this Tuesday by the National Administrative Department of Statistics (Dane).

(See: The problems that the Colombian tax system has, according to Ocampo).

According to the report, the country’s foreign purchases grew 44.5% in the first six months of 2022, compared to the same period in 2021, for which US$26,652.7 million CIF were added.

When segmenting by categories, the division of fuels was the one with the greatest variation compared to 2021, noting a rebound of 118% for the first six months of this year and adding US$4,445.7 million CIF.

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Followed by categories of manufactures, with an increase of 38.4% (US$28,381.6 million CIF until June), and agriculture, food and beverages, with a rebound of 37.4% (US$5,606 million CIF).

According to the report, imports for the first half of 2022 are already they are 48.9% higher than the same period in 2019.

(See: The risks that would curb confidence in the economy, according to Credicorp).

However, according to the import declarations, the goods of origin USA they participated with 25.9% of the total registered in the period January-June 2022; followed by those originating from China, Brazil, Mexico, France, Germany and India.

(See: Foreign debt in the country is 50.7% of GDP).

It is worth clarifying that the CIF value is the calculation that includes the cost of the merchandise, insurance and freight.

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