Colombia Balance of Trade

Last Release

Apr 30, 2025

Actual

-1.67

Units In

USD Billion

-1.2

Frequency

Monthly

Next Release

Jul 21, 2025

Time to Release

30 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
0.81 Dec 2011	-2.7 Aug 2022	-0.34 USD Billion	1980-2025	N/A

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.

Latest Updates

Colombia's trade deficit widened to $1.673 billion in April 2025, up from $1.431 billion in the same month last year, marking the highest negative level since November 2024. Exports sank 6.5% year-on-year to $4.121 billion, mainly due to a sharp 33.0% drop in foreign sales of fuels and extractive industry products. In turn, imports fell a slower 0.8% year-on-year to $5.794 billion, with the decline largely driven by a 1.7% drop in the industrials group. Heightened uncertainty stemming from the US tariff war, global tensions, and shifts in OPEC-related dynamics have redrawn international trade flows.