Colombia’s trade deficit increased in October 2020

Colombia reported a trade deficit worth USD 1.08bn in October compared to USD 944mn in the previous month. This is the first widening of the trade gap since July 2020.

Colombia’s exports declined by 21% y/y to USD 2.6bn, while imports fell by 14.5% y/y to USD 3.7bn.

Explore our CEIC time series data, across a multitude of economic indicators, for Colombia here.