Colombia Trade Deficit Widens Sharply in October

Colombia’s trade deficit narrowed to about $1.87 billion in November 2025 from $2.28 billion a year earlier. Imports increased 0.3% year-on-year to $5.89 billion, driven by a 2.9% rise in manufactured goods purchases. Within manufacturing, machinery and transport equipment imports climbed 7.8%, while chemicals and related products rose 1.8%. Imports of agricultural, food and beverage products grew 4.1%, amid higher purchases of food products and live animals (4.5%). By contrast, imports of fuels and extractive industry products fell 21.6%, largely due to lower purchases of petroleum and petroleum products (-19.9%). Meanwhile, exports declined 2.7% year-on-year to $4.02 billion, weighed by a 26.0% drop in fuels and extractive products, amid lower sales of coal and related products (-47.4%) and petroleum and petroleum products (-16.4%).

Colombia’s trade deficit widened to $2.28 billion in October 2025 from $1.42 billion a year earlier. Imports increased 14.9% year-on-year to $6.58 billion, with a 20.2% surge in manufactured goods purchases. Within manufacturing, machinery and transport equipment imports jumped 24.7%, while chemicals and related products rose 14.9%. Imports of agricultural, food and beverage products grew 13.1%, amid higher purchases of food products and live animals (17.5%). By contrast, imports of fuels and extractive industry products fell 12.6%, largely due to a sharp drop in natural and manufactured gas purchases (-56.9%). Meanwhile, exports edged down 0.2% year-on-year, weighed by a 19.0% decline in fuels and extractive products, amid lower petroleum and petroleum product exports (-22.1%).

Colombia’s trade deficit widened to $1.51 billion in September 2025 from $1.03 billion a year earlier. Imports rose 18.7% to $6.13 billion, amid a 18.6% increase in manufacturing purchases. Machinery and transport equipment imports jumped 25.4%, and chemicals rose 10.8%. Imports of agricultural products, food, and beverages increased 14.7%, supported by a 20.3% rise in food and live animal purchases. Fuel and extractive industry imports grew 19.6% amid a 42.4% surge in petroleum and related products. Meanwhile, exports increased 11.1%, led by a 29.6% jump in agricultural, food, and beverage shipments. Manufactured goods exports rose 11.8%, and exports of fuels and extractive products increased 3.7%, while crude oil exports fell 11.9%.