Colombia Balance of Trade
Colombia is a key supplier of oil and coal to the world (accounting for 59% of overall exports). Colombia also exports other items such as chemicals and chemical-associated items (5.1% of total exports), and gold (5%). The most important imports are machinery and transport equipment (which account for 39% of overall imports), manufactured goods (which account for 22%), chemicals (17%), and fuel and mineral lubricants (which account for 10%). The United States (which accounts for 36% of total exports and 39% of total imports) and China (6% of exports and 16% of imports) are the two most important trading partners. Mexico, Spain, and Venezuela are among other trading partners of Colombia.
A higher than expected figure should be seen as positive (bullish) for the COP while a lower than expected figure should be seen as negative (bearish) for the COP.
News (COP)
ConocoPhillips Q4 Adj. EPS Tops Estimates; Lifts FY24 Production Guidance
ConocoPhillips (COP) reported Thursday that net earnings for the fourth quarter declined to $3.01 billion or $2.52 per share from $3.25 billion or $2.61 per share in the prior-year quarter.
RTTNews | 79 days ago
ConocoPhillips, QatarEnergy Ink Two Deals To Supply Long-term LNG To Germany
Exploration and production company ConocoPhillips (COP) and QatarEnergy announced Monday that they have signed two agreements to supply long-term liquefied natural gas (LNG) to Germany.
RTTNews | 515 days ago
