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

Colombia's trade deficit decreased to USD 0.45 billion in September of 2017 from USD 1.20 billion in the same month a year ago. It was the smallest trade gap for a September month since 2013. Exports jumped 19.3 percent year-on-year to USD 3.28 billion, the strongest rise for a September month since 2011, as sales advanced for fuels and mining products (35.9 percent) and agricultural goods, food and beverages (18.6 percent). Meanwhile, imports tumbled 5.6 percent to USD 3.73 billion, the most since October last year, as purchases of manufactured goods fell 5.9 percent, dragged down by other transport equipment (-45.8 percent); road vehicles (-10.7 percent) and pharmaceutical and medical products (-8.9 percent). Also, imports of agricultural products slipped 9.8 percent. In contrast, purchases of fuels surged 7.3 percent. Balance of Trade in Colombia averaged -0.17 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
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-18 03:00 PM Balance of Trade $-0.7B $-1.0B $-1.3B
2017-10-18 03:00 PM Balance of Trade $-1.1B $-0.7B $-0.9B
2017-11-14 03:00 PM Balance of Trade $-0.4B $-1.1B
2017-12-18 03:00 PM Balance of Trade $-0.4B


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.45 -1.12 0.81 -1.97 USD Billion [+]
Exports 3.28 3.07 5.71 0.02 USD Billion [+]
Imports 3.73 4.19 6.08 0.28 USD Billion [+]
Current Account -2708.00 -3182.00 364.00 -6395.00 USD Million [+]
Current Account to GDP -4.40 -6.40 4.10 -6.40 percent [+]
External Debt 121618.05 120740.69 123920.07 -3130.97 COP Billion [+]
Foreign Direct Investment 2685.00 2515.13 6776.22 197.17 USD Million [+]
Capital Flows -2587.79 -2857.52 359.83 -6346.99 USD Million [+]
Remittances 521.70 447.00 944.50 162.44 USD Million [+]
Gold Reserves 5.76 5.76 10.36 3.49 Tonnes [+]
Crude Oil Production 804.00 865.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 130.43 127.84 185.94 73.87 Index Points [+]
Terrorism Index 5.60 5.95 7.16 5.58 [+]

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



Colombia Balance of Trade

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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.45 -1.12 0.81 -1.97 1980 - 2017 USD Billion Monthly




balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17