Colombia’s trade deficit widened to $3.25 billion in August 2026, from $2.10 billion a year earlier. Imports rose 31.7% year-on-year to $7.70 billion, led by manufactured goods, with purchases of machinery and transport equipment increasing 22.8% and chemicals and related products rising 22.2%. Imports of fuels and extractive industry products surged 190.1%, driven by a 262.6% jump in purchases of petroleum, petroleum products, and related materials. Imports of agricultural products, food, and beverages rose 24.8%. Exports increased 15.1% year-on-year to $4.46 billion, mainly driven by a 127% surge in the other sectors category, reflecting higher non-monetary gold sales. Exports of fuels and extractive industry products rose 23.8%, led by increases in coal, coke, and briquettes (99.4%) and petroleum products (12.3%). Manufacturing exports grew 5.6%, supported by chemicals and related products (18.7%) and miscellaneous manufactured articles (1.9%). source: Dane, Colombia

Colombia recorded a trade deficit of 3.25 USD Billion in August of 2026. Balance of Trade in Colombia averaged -0.39 USD Billion from 1980 until 2026, reaching an all time high of 0.81 USD Billion in December of 2011 and a record low of -3.28 USD Billion in July of 2026. This page provides - Colombia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Colombia recorded a trade deficit of 3.25 USD Billion in August of 2026. Balance of Trade in Colombia is expected to be -1.70 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Balance of Trade is projected to trend around -1.50 USD Billion in 2027 and -1.40 USD Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-21 03:00 PM
Balance of Trade
Jul $-3.28B $-2.54B $-1.9B
2026-10-21 03:10 PM
Balance of Trade
Aug $-3.25B $-3.28B $-2.8B
2026-11-18 03:00 PM
Balance of Trade
Sep $-3.25B $ -1.8B


Related Last Previous Unit Reference
Balance of Trade -3.25 -3.28 USD Billion Aug 2026
Exports 5.41 4.46 USD Billion Sep 2026
Exports YoY 16.40 15.10 percent Sep 2026
Imports 7.70 7.97 USD Billion Aug 2026
Imports YoY 31.70 22.90 percent Aug 2026


Colombia Balance of Trade
Colombia is a major exporter of fuels and extractive industries products (56 percent of total exports). Other exports include: agricultural, food, and beverage (20 percent) and manufactured goods(19 percent). Main imports are: manufactured products (74 percent of total imports); fuels and extractive industries products (15 percent) and agricultural, food, and beverage(7 percent) Main trading partners are: United States (26 percent of total exports and 24 percent of imports) and China (4 percent of exports and 24 percent of imports). Others include: Panama, Brazil, Mexico, Germany and France.
Actual Previous Highest Lowest Dates Unit Frequency
-3.25 -3.28 0.81 -3.28 1980 - 2026 USD Billion Monthly

News Stream
Colombia Trade Deficit Widens in August
Colombia’s trade deficit widened to $3.25 billion in August 2026, from $2.10 billion a year earlier. Imports rose 31.7% year-on-year to $7.70 billion, led by manufactured goods, with purchases of machinery and transport equipment increasing 22.8% and chemicals and related products rising 22.2%. Imports of fuels and extractive industry products surged 190.1%, driven by a 262.6% jump in purchases of petroleum, petroleum products, and related materials. Imports of agricultural products, food, and beverages rose 24.8%. Exports increased 15.1% year-on-year to $4.46 billion, mainly driven by a 127% surge in the other sectors category, reflecting higher non-monetary gold sales. Exports of fuels and extractive industry products rose 23.8%, led by increases in coal, coke, and briquettes (99.4%) and petroleum products (12.3%). Manufacturing exports grew 5.6%, supported by chemicals and related products (18.7%) and miscellaneous manufactured articles (1.9%).
2026-10-21
Colombia Trade Deficit Hits Historical Series High
Colombia posted a trade deficit of $3.28 billion in July 2026, widening from a $2.05 billion gap a year earlier and marking the widest deficit in the historical series, which began in 1980. Imports totaled $7.97 billion, up 22.9% year over year. Manufacturing imports rose 16.1%, driven by higher purchases of machinery and transport equipment (24%) and chemicals and related products (11%). Imports of agriculture, food, and beverages increased 26.3%, mainly due to higher purchases of food products and live animals (27.2%). Imports of fuels and extractive industry products surged 77.3%, driven by a 79.6% increase in purchases of petroleum, petroleum products, and related products. Exports totaled $4.69 billion, up 5.9%, mainly due to a 51.6% increase in the other sectors group, driven by higher exports of non-monetary gold. Fuels and extractive industry products accounted for 40% of total exports and rose 8.3%.
2026-09-21
Colombia Posts Largest Trade Deficit Since 2022
Colombia’s trade deficit widened to $2.54 billion in June 2026, the largest deficit since August 2022, from $1.38 billion a year earlier. Imports surged 27% year-on-year to $6.78 billion, marking their fastest growth since 2022. The increase was driven by a 67.2% rise in purchases of fuels and extractive industry products, led by a 68.5% surge in petroleum and related products. Imports of manufactured goods also climbed 23.1%, supported by stronger purchases of machinery and transport equipment (33.6%) and chemical products (21.6%), while agricultural imports increased 23.4%. Meanwhile, exports rose at a slower 7% to $4.23 billion, supported by a 17.1% increase in shipments of fuels and extractive industry products, which accounted for 42.6% of total exports. Manufactured exports also increased 2.4%. In contrast, agricultural and food exports, which represented 25.8% of total shipments, fell 10.8%.
2026-08-19