Colombia Balance of Trade  1980-2018 | Data | Chart | Calendar | Forecast

Colombia's trade deficit shrank to USD 0.52 billion in April 2018 from USD 1.35 billion in the same month of the previous year. Exports soared 38.5 percent to USD 3.72 billion, the most since March 2017, mainly led by fuels and mining products (46.3% vs 13.1% in March); and manufactured goods (47.5% vs 5.5%), especially iron and steel (381.9%); road vehicles (173.1%); and fertilizers (271.6%). In addition, sales rebounded for agricultural goods (21.9% vs -19.3%), mostly bananas (125.9 percent) and fresh or dried fruits (89 percent). Meantime, imports rose at a softer 5.1 percent to USD 4.24 billion, after a 5.3 percent decline in March. Purchases were mainly driven by manufactured products (10.7% vs -4.1%), namely sound-recording and reproducing apparatus and equipment (38.7%); pharmaceuticals (38.7%) and road vehicles (20.6%). Also, imports rebounded for agricultural goods, food and beverages (14.0% vs -10.6%), mostly animal feed (33.3%) and oil seeds and fruits (88.5%). Balance of Trade in Colombia averaged -0.17 USD Billion from 1980 until 2018, 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
2018-04-20 03:00 PM Balance of Trade $-0.71B $-0.58B $ -0.9B
2018-05-11 03:00 PM Balance of Trade $-0.56B $-0.66B $ 0B
2018-06-20 03:00 PM Balance of Trade $-0.52B $-0.56B $ -0.7B
2018-07-19 03:00 PM Balance of Trade $-0.52B $ -0.6B
2018-08-14 03:00 PM Balance of Trade $ -0.6B
2018-09-18 03:00 PM Balance of Trade $ -0.6B


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.52 -0.56 0.81 -1.97 USD Billion [+]
Exports 3.72 3.34 5.71 0.02 USD Billion [+]
Imports 4.24 3.91 6.08 0.28 USD Billion [+]
Current Account -2831.00 -1901.00 364.00 -6456.00 USD Million [+]
Current Account to GDP -3.30 -4.30 4.10 -6.40 percent [+]
External Debt 124655.82 124375.02 124770.03 -3130.97 COP Billion [+]
Foreign Direct Investment 2133.11 3848.24 6776.22 197.17 USD Million [+]
Capital Flows -2579.83 -1715.68 359.83 -6195.12 USD Million [+]
Remittances 453.20 472.20 944.50 162.44 USD Million [+]
Gold Reserves 12.80 11.70 12.80 3.49 Tonnes [+]
Crude Oil Production 824.00 854.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 134.29 132.58 165.96 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.52 -0.56 0.81 -1.97 1980 - 2018 USD Billion Monthly




balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -830631.00 Mar/18
Switzerland 2255.00 May/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18


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