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%. source: Dane, Colombia

Colombia recorded a trade deficit of 3.28 USD Billion in July of 2026. Balance of Trade in Colombia averaged -0.38 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 September of 2026.

Colombia recorded a trade deficit of 3.28 USD Billion in July of 2026. Balance of Trade in Colombia is expected to be -1.80 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
2026-08-19 03:00 PM
Balance of Trade
Jun $-2.54B $-1.59B $ -0.8B
2026-09-21 03:00 PM
Balance of Trade
Jul $-3.28B $-2.54B $-1.9B
2026-10-21 03:00 PM
Balance of Trade
Aug $-3.28B


Related Last Previous Unit Reference
Balance of Trade -3.28 -2.54 USD Billion Jul 2026
Exports 4.69 4.23 USD Billion Jul 2026
Exports YoY 5.90 7.00 percent Jul 2026
Imports 7.97 6.78 USD Billion Jul 2026
Imports YoY 22.90 27.00 percent Jul 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
-3.28 -2.54 0.81 -3.28 1980 - 2026 USD Billion Monthly

News Stream
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
Colombia Trade Deficit Narrows in May
Colombia's trade deficit narrowed to $1.59 billion in May 2026 from $1.78 billion a year earlier. Exports rose 19.2% year-on-year to $5.19 billion, driven by a 33.3% increase in fuels and extractive industry products, led by petroleum and related goods. Agricultural exports edged up 0.7%, supported by higher shipments of cut flowers and coffee extracts, while manufactured exports increased 0.2%, driven by chemicals and machinery. Exports from other sectors surged 67.0%, mainly reflecting higher non-monetary gold shipments. Meanwhile, imports rose 10.6% to $6.79 billion, led by an 8.2% increase in manufactured goods, particularly machinery and transport equipment, as well as chemicals. Imports of agricultural products rose 2.7%, while purchases of fuels and extractive industry products climbed 35.2%.
2026-07-21