Colombia Balance of Trade - Forecast

Balance of Trade in Colombia is expected to be -0.40 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Colombia to stand at -0.60 in 12 months time. In the long-term, the Colombia Balance of Trade is projected to trend around -0.60 USD Billion in 2020, according to our econometric models.


Forecast Data Chart
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Colombia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -0.9 -0.4 -0.5 -0.5 -0.6 -0.6
Exports 3.33 12 9 10.1 3.45 7.4
Imports 4.23 -3.7 3.5 4.7 5.3 4.2
Current Account -2831 -2450 -1800 -2000 -2418 -2500
Current Account to GDP -3.3 -4.2 -4.2 -4.1 -4.1 -3.5
External Debt 126517 127522 127481 127500 127491 127494
Foreign Direct Investment 2133 3288 3118 3201 3230 3228
Capital Flows -2580 -2215 -2052 -2313 -2192 -2194
Remittances 531 490 490 515 515 540
Gold Reserves 12.8 12.93 12.98 13.09 13.08 13.09
Crude Oil Production 865 850 849 849 849 849
Terms Of Trade 139 95.79 96.02 96.01 96.01 96
Terrorism Index 5.6 6 6 5.9 5.9 5.9