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

Colombia’s trade deficit narrowed to USD 0.69 billion in July 2017 from USD 1.13 billion in the same a year earlier. Exports jumped 37.6 percent year-on-year to USD 3.07 billion, the biggest gain since March, as sales rose sharply for fuels and mining products (27 percent); manufactured goods (47.6 percent); machinery, electrical apparatus and appliances (107.1 percent); and materials and chemicals (49.6 percent). Meanwhile, imports rose 11.8 percent year-on-year to USD 3.75 billion, mainly boosted by manufactured goods (10.6 percent), particularly iron and steel (53.2 percent); and fuels and other extraction industries (37.6 percent), mainly automotive fuel (190.2 percent) and kerosene and other oils (39.2 percent). From January to July, the trade gap narrowed sharply to USD 6.07 billion from USD 8.16 billion in the same period of 2016. 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
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-19 03:00 PM Balance of Trade $-0.34B $-1.43B $-0.9B
2017-08-18 03:00 PM Balance of Trade $-1.0B $-0.33B $-0.5B
2017-09-18 03:00 PM Balance of Trade $-0.7B $-1.0B $-1.3B
2017-10-18 03:00 PM Balance of Trade $-0.7B
2017-11-20 03:00 PM Balance of Trade
2017-12-18 03:00 PM Balance of Trade


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.69 -1.00 0.81 -1.97 USD Billion [+]
Exports 3.07 2.78 5.71 0.02 USD Billion [+]
Imports 3.75 3.78 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 123920.07 122412.34 123920.07 -3130.97 COP Billion [+]
Capital Flows -2587.79 -2857.52 359.83 -6346.99 USD Million [+]
Foreign Direct Investment 2515.13 3053.79 6776.22 197.17 USD Million [+]
Remittances 488.00 484.90 944.50 162.44 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 125.74 124.09 185.94 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

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.69 -1.00 0.81 -1.97 1980 - 2017 USD Billion Monthly




balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 113.64 Aug/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17