Colombia Terms Of Trade  Forecast


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Terms Of Trade in Colombia is expected to be 129.79 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms Of Trade in Colombia to stand at 125.49 in 12 months time. In the long-term, the Colombia Terms Of Trade is projected to trend around 117.74 Index Points in 2020, according to our econometric models.


Colombia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -0.45 -0.7 -0.8 -0.9 -0.9 -0.7
Exports 3.28 3 3.2 3.2 3 3.3
Imports 3.73 3.7 4 4.1 3.9 4
Current Account -2708 -2800 -2650 -2650 -2554 -2500
Current Account to GDP -4.4 -4.3 -4.2 -4.2 -4.2 -3.5
External Debt 121618 109369 102404 95897 89823 50481
Foreign Direct Investment 2685 2571 2512 2493 2460 2265
Capital Flows -2588 -2566 -2565 -2532 -2507 -2331
Remittances 522 447 442 438 434 411
Gold Reserves 5.76 6.7 7.04 7.36 7.62 8.45
Crude Oil Production 804 811 809 808 806 791
Terms Of Trade 130 130 128 127 125 118
Terrorism Index 5.6 6 6 6 6 6