Colombia’s trade deficit widened to $2.54 billion in June 2026, the largest deficit since August 2022, from $1.38 billion a year earlier. Imports surged 27% year-on-year to $6.78 billion, marking their fastest growth since 2022. The increase was driven by a 67.2% rise in purchases of fuels and extractive industry products, led by a 68.5% surge in petroleum and related products. Imports of manufactured goods also climbed 23.1%, supported by stronger purchases of machinery and transport equipment (33.6%) and chemical products (21.6%), while agricultural imports increased 23.4%. Meanwhile, exports rose at a slower 7% to $4.23 billion, supported by a 17.1% increase in shipments of fuels and extractive industry products, which accounted for 42.6% of total exports. Manufactured exports also increased 2.4%. In contrast, agricultural and food exports, which represented 25.8% of total shipments, fell 10.8%. source: Dane, Colombia
Colombia recorded a trade deficit of 2.54 USD Billion in June 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 August of 2026.
Colombia recorded a trade deficit of 2.54 USD Billion in June 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.