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

Colombia's trade deficit decreased to USD 0.898 billion in June of 2018 from USD 0.905 billion in the same month of the previous year. Exports jumped 15.9 percent to USD 3.33 billion, driven by fuels and mining products (32.1%), especially oil, petroleum products and related (32.5%); and manufactured products (7.7% vs 9.1%), namely ferronickel (82.1%); autos (26.4%); machinery, appliances and electrical appliances (29.8%). Colombia sold 17.2 million barrels of oil in June, a 17.3 percent decrease from 20.8 million barrels a year ago. Meantime, imports advanced 11.9 percent to USD 4.23 billion, boosted by manufactured products (8.5%), namely iron and steel (30.3%); road vehicles (15.0%) and telecommunications and sound-recording and reproducing apparatus and equipment (15.6%). Also, purchases rose for agricultural goods, food and beverages (25.3%), such as cereals and cereal preparations (54.6%); oils and fats of vegetable origin (44.9%); and for fuels and related products (26.4%). 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
2018-06-20 03:00 PM Balance of Trade $-0.52B $-0.56B $ -0.7B
2018-07-19 03:00 PM Balance of Trade $-0.83B $-0.52B $ -0.4B
2018-08-14 03:00 PM Balance of Trade $-0.90B $-0.83B $ -0.6B
2018-09-18 03:00 PM Balance of Trade $-0.90B $ -0.6B
2018-10-18 03:00 PM Balance of Trade $ -0.6B
2018-11-14 03:00 PM Balance of Trade $ -0.4B


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.90 -0.83 0.81 -1.97 USD Billion [+]
Exports 3.33 3.68 5.71 0.02 USD Billion [+]
Imports 4.23 4.51 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 126517.44 127321.09 127321.09 -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 531.40 512.70 944.50 162.44 USD Million [+]
Gold Reserves 12.80 11.70 12.80 3.49 Tonnes [+]
Crude Oil Production 865.00 769.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 139.07 140.29 165.96 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -0.83 0.81 -1.97 1980 - 2018 USD Billion Monthly




balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1308.99 Jun/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18


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