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%. source: Dane, Colombia

Colombia recorded a trade deficit of 1.59 USD Billion in May of 2026. Balance of Trade in Colombia averaged -0.37 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 -2.91 USD Billion in August of 2022. 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 July of 2026.

Colombia recorded a trade deficit of 1.59 USD Billion in May 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
2026-06-22 03:00 PM
Balance of Trade
Apr $-2.11B $-0.84B $-0.7B
2026-07-21 03:00 PM
Balance of Trade
May $-1.59B $-2.11B $-0.4B
2026-08-19 03:00 PM
Balance of Trade
Jun $-1.59B $ -0.8B


Related Last Previous Unit Reference
Balance of Trade -1.59 -2.11 USD Billion May 2026
Exports 5.19 4.59 USD Billion May 2026
Exports YoY 19.20 11.70 percent May 2026
Imports 6.79 6.71 USD Billion May 2026
Imports YoY 10.60 15.80 percent May 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
-1.59 -2.11 0.81 -2.91 1980 - 2026 USD Billion Monthly

News Stream
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
Colombia Trade Deficit Widens In April
Colombia’s trade deficit widened to $2.11 billion in April 2026 from $1.67 billion a year earlier. Imports rose 15.8% year-on-year to $6.71 billion, driven by stronger demand for manufactured goods. Manufacturing imports increased 16.8%, supported by higher purchases of machinery and transport equipment (24.9%) and chemical products (9.6%). Imports of agriculture, food, and beverages rose 19.9%, led by food products and live animals, which increased 28.7%. Fuels and extractive industry imports climbed 5.2%, mainly due to a 45.0% jump in non-ferrous metals. Exports rose 11.7% to $4.6 billion, led by a 46.2% increase in fuels and extractive industry products, supported by a 72.3% surge in petroleum and related shipments. Exports in the other sectors category jumped 78.3% due to stronger sales of non-monetary gold. In contrast, manufactured exports fell 8.3%, weighed by a 24.8% drop in machinery and transport equipment shipments.
2026-06-22
Colombia Trade Deficit Narrows Sharply in March
Colombia’s trade deficit narrowed to $0.84 billion in March 2026 from $1.20 billion in the same month a year earlier, as export growth outpaced imports. Exports rose 20.9% year-on-year to $5.32 billion, mainly driven by a 149.2% surge in “other sectors,” largely reflecting stronger non-monetary gold shipments. Exports of fuels and extractive industries increased 24.8%, supported by a 107.7% jump in coal, coke, and briquettes. Manufacturing exports also rose 6.9%, led by machinery, transport equipment, and chemicals. In contrast, exports of agricultural products, food, and beverages fell 6.8%, while crude oil shipments declined 17.7%. Meanwhile, imports increased 11.1% to $6.16 billion, mainly driven by a 16.7% rise in manufacturing imports. Imports of agricultural products, food, and beverages rose 4.4%, while imports of fuels and extractive industry products fell 17%.
2026-05-19