Canada / Colombia

Overview In January 2024, Canada exported C$84.9M and imported C$135M from Colombia, resulting in a negative trade balance of C$50.1M. Between January 2023 and January 2024 the exports of Canada have decreased by C$-10.3M (-10.8%) from C$95.2M to C$84.9M, while imports decreased by C$-39.5M (-22.6%) from C$175M to C$135M.

Trade In January 2024, the top exports of Canada to Colombia were Wheat (C$38.7M), Potassic Fertilizers (C$14.4M), Newsprint (C$5.74M), Packaged Medicaments (C$5.47M), and Pig Meat (C$5.37M). In January 2024 the top imports of Canada from Colombia were Crude Petroleum (C$66.9M), Coffee (C$35.9M), Coal Briquettes (C$33.2M), Cut Flowers (C$12.4M), and Bananas (C$5.71M).

Origins In January 2024 the exports of Canada were mainly from Saskatchewan (C$40.2M), Alberta (C$13M), Quebec (C$12.6M), Ontario (C$8.93M), and Manitoba (C$6.56M), while imports destinations were mainly New Brunswick (C$60.7M), Ontario (C$40.1M), Quebec (C$22.1M), British Columbia (C$8.15M), and Manitoba (C$1.88M).

Growth In January 2024, the decrease in Canada's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Rapeseed Oil (C$-5M or -92.5%), Other Heating Machinery (C$-1.2M or -97.5%), and Washing and Bottling Machines (C$-1.15M or -99.9%). In January 2024, the decrease in Canada's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Tropical Fruits (C$-666k or -65%), Electric Batteries (C$-501k or -65.5%), and Other Fruits (C$-353k or -42%).