Colombia Balance of Trade  1980-2017 | Data | Chart | Calendar | Forecast

Colombia trade deficit narrowed to USD 0.99 billion in February of 2017 from a USD 1.17 billion gap in 2016, as exports increased faster than imports. Exports increased 15.8 percent year-on-year to USD 2.66 billion, boosted by sales of fuels and mining products (40.5 percent vs 68 percent in January). Colombia exported 15.2 million barrels of oil in February, a decrease of 25.9 percent compared to 20.5 million barrels a year ago. Imports advanced 5.3 percent to USD 3.65 billion, driven by purchases of manufactured products (4.7 percent vs 0.8 percent in January) and fuels and mining products (16.1 percent vs -20.8 percent). Balance of Trade in Colombia averaged -0.16 USD Billion from 1980 until 2017, reaching an all time high of 0.81 USD Billion in December of 2011 and a record low of -1.98 USD Billion in January of 2015.

Colombia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-17 03:00 PM Dec $-0.67B $-1.47B $-0.6B $-1B
2017-03-17 03:00 PM Jan $-0.92B $-0.64B $-0.3B $-0.35B
2017-04-20 03:00 PM Feb $-0.99B $-0.86B $-0.71B $-0.40B
2017-05-18 03:00 PM Mar $-0.99B
2017-06-20 03:00 PM Apr
2017-07-19 03:00 PM May




Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.99 -0.86 0.81 -1.98 USD Billion [+]
Exports 2.66 2.61 5.71 0.02 USD Billion [+]
Imports 3.65 3.53 6.08 0.28 USD Billion [+]
Current Account -2555.00 -3434.00 364.00 -6395.00 USD Million [+]
Current Account to GDP -6.50 -5.20 4.10 -6.50 percent [+]
External Debt 121097.22 120010.49 121097.22 -3130.97 COP Billion [+]
Capital Flows -2321.86 -3331.43 359.83 -6346.99 USD Million [+]
Foreign Direct Investment 3053.79 1965.89 6776.22 197.17 USD Million [+]
Remittances 379.50 454.80 944.50 162.44 USD Million [+]
Gold Reserves 5.76 3.78 10.36 3.49 Tonnes [+]
Crude Oil Production 895.00 895.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 124.75 126.75 185.94 73.87 Index Points [+]
Terrorism Index 5.95 6.24 7.16 5.58 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Colombia Balance of Trade Notes

Colombia is a major exporter of oil and coal (59 percent of total exports). Other exports include: chemicals and related products (5.1 percent) and gold (5 percent). Main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals (17 percent) and fuel and mineral lubricants (10 percent) Main trading partners are: United States (36 percent of total exports and 39 percent of imports) and China (6 percent of exports and 16 percent of imports). Others include: Mexico, Spain and Venezuela. This page provides - Colombia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.99 -0.86 0.81 -1.98 1980 - 2017 USD Billion Monthly



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Australia 3574.00 Feb/17
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Denmark 4108.40 Feb/17
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Ecuador 283225.00 Feb/17
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Guinea 32.97 Sep/16
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Japan 614.72 Mar/17
Jordan -709700.00 Jan/17
Kazakhstan 1577.20 Feb/17
Kenya -76470.00 Dec/16
Kosovo -233399.00 Mar/17
Kuwait 1693.00 Dec/16
Kyrgyzstan -111.20 Feb/17
Laos -339.15 Jun/16
Latvia -151.80 Feb/17
Lebanon -1421.92 Feb/17
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
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Liechtenstein 343493.00 Dec/16
Lithuania -250.20 Feb/17
Luxembourg -0.63 Feb/17
Macau -5347600.00 Mar/17
Macedonia -142509.00 Feb/17
Madagascar 20810.00 Dec/16
Malawi -52012.50 Sep/16
Malaysia 8708.72 Feb/17
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -127663.00 Feb/17
Mauritania -79.64 Mar/16
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Mexico -183.00 Mar/17
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Monaco -119.40 Dec/16
Mongolia 189.40 Mar/17
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Mozambique 18.20 Dec/16
Myanmar -332.60 Jul/16
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Netherlands 5585.00 Feb/17
New Caledonia -10978.00 Dec/16
New Zealand 332.00 Mar/17
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Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
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Norway 22719.43 Mar/17
Oman 205.90 Nov/16
Pakistan -336061.00 Mar/17
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Papua New Guinea 4593.00 Sep/16
Paraguay 118135.00 Mar/17
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Russia 10171.00 Feb/17
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Singapore 6098.90 Mar/17
Slovakia 344.00 Feb/17
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South Africa 11435.19 Mar/17
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Spain -2606000.00 Feb/17
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