Colombia Balance of Trade  1980-2017 | Data | Chart | Calendar | Forecast

Colombia trade deficit shrank to USD 0.91 billion in March of 2017 from a USD 1.26 billion gap in 2016, as exports rose faster than imports. Exports surged 37.9 percent year-on-year to USD 3.21 billion, quickening from a 15.8 percent rise in the previous month. Sales were boosted by fuels and mining products (56.6 percent vs 40.5 percent in February), manufacturing (8.1 percent vs -10.2 percent) and agricultural goods, food and beverages (29.2 percent vs -10.6 percent). Colombia exported 16.2 million barrels of oil in March, a decrease of 14.8 percent compared to 19.1 million barrels a year ago. Imports increased at a slower 14.8 percent to USD 4.12 billion, due to higher purchases of manufactured products (17.9 percent from 4.7 percent) and agricultural products, food and beverages (27.9 percent vs 0.2 percent). Considering the first three months of 2017, the trade deficit fell 33.1 percent to USD 2.69 billion. Balance of Trade in Colombia averaged -0.16 USD Billion from 1980 until 2017, reaching an all time high of 0.81 USD Billion in December of 2011 and a record low of -1.97 USD Billion in January of 2015.

Colombia Balance of Trade
Receive the next reported value for Colombia Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-17 03:00 PM Jan $-0.92B $-0.64B $-0.3B $-0.35B
2017-04-20 03:00 PM Feb $-0.99B $-0.86B $-0.71B $-0.40B
2017-05-18 03:00 PM Mar $-0.91B $-0.97B $-0.765B $-1.3B
2017-06-20 03:00 PM Apr $-0.91B
2017-07-19 03:00 PM May
2017-08-18 03:00 PM Jun




Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.91 -0.97 0.81 -1.97 USD Billion [+]
Exports 3.21 2.66 5.71 0.02 USD Billion [+]
Imports 4.12 3.65 6.08 0.28 USD Billion [+]
Current Account -2555.00 -3434.00 364.00 -6395.00 USD Million [+]
Current Account to GDP -6.50 -5.20 4.10 -6.50 percent [+]
External Debt 120692.36 121097.22 121097.22 -3130.97 COP Billion [+]
Capital Flows -2321.86 -3331.43 359.83 -6346.99 USD Million [+]
Foreign Direct Investment 3053.79 1965.89 6776.22 197.17 USD Million [+]
Remittances 457.20 372.70 944.50 162.44 USD Million [+]
Gold Reserves 5.76 3.78 10.36 3.49 Tonnes [+]
Crude Oil Production 895.00 895.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 124.85 124.75 185.94 73.87 Index Points [+]
Terrorism Index 5.95 6.24 7.16 5.58 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Colombia Balance of Trade Notes

Colombia is a major exporter of oil and coal (59 percent of total exports). Other exports include: chemicals and related products (5.1 percent) and gold (5 percent). Main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals (17 percent) and fuel and mineral lubricants (10 percent) Main trading partners are: United States (36 percent of total exports and 39 percent of imports) and China (6 percent of exports and 16 percent of imports). Others include: Mexico, Spain and Venezuela. This page provides - Colombia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.91 -0.97 0.81 -1.97 1980 - 2017 USD Billion Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17