India / Colombia

Overview In January 2024, India exported $90.6M and imported $236M from Colombia, resulting in a negative trade balance of $145M. Between January 2023 and January 2024 the exports of India have decreased by $-5.41M (-5.63%) from $96M to $90.6M, while imports increased by $20.2M (9.37%) from $216M to $236M.

Trade In January 2024, the top exports of India to Colombia were Two And Three Wheelers ($15.5M), Drug Formulations, Biologicals ($11.3M), Agro Chemicals ($8.36M), Products Of Iron And Steel ($7.53M), and Sugar ($5.44M). In January 2024 the top imports of India from Colombia were Petroleum: Crude ($159M), Coal,Coke And Briquittes Etc ($28.1M), Gold ($14.7M), Bulk Minerals And Ores ($4.92M), and Plastic Raw Materials ($3.27M).

Growth In January 2024, the decrease in India's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Cotton Fabrics, Madeups Etc. ($-6.59M or -70.1%), Cotton Yarn ($-6.02M or -59.1%), and Two And Three Wheelers ($-3.83M or -19.8%). In January 2024, the increase in India's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Petroleum: Crude ($6.67M or 4.39%), Bulk Minerals And Ores ($3.93M or 397%), and Coal,Coke And Briquittes Etc ($1.95M or 7.47%).