Colombia Trade Balance

1958 - 2024 | Monthly | USD mn | CEIC Data

Key information about Colombia's Trade Balance

  • Colombia's Trade Balance recorded a deficit of 1.4 USD bn in Apr 2024, compared with a deficit of 891.0 USD mn in the previous month
  • Colombia's Trade Balance data is updated monthly, available from Jan 1958 to Apr 2024, with an averaged value of -20.7 USD mn
  • The data reached an all-time high of 808.6 USD mn in Dec 2011 and a record low of -2.9 USD bn in Aug 2022
CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. National Administrative Department of Statistics provides Total Exports and Total Imports in USD. Trade Balance prior to January 1980 is sourced from the International Monetary Fund.

Further information about Colombia's Trade Balance

  • In the latest reports, Colombia's Total Exports reached 4.4 USD bn in Apr 2024, an increase of 18.1% YoY (year-on-year)
  • Total Imports recorded 5.8 USD bn in Apr 2024, an increase of 18.1% YoY (year-on-year)

View Colombia's Trade Balance from Jan 1958 to Apr 2024 in the chart:

Colombia Trade Balance

What was Colombia's Trade Balance in Apr 2024?

Colombia's Trade Balance recorded a deficit of 1.4 USD bn in Apr 2024, compared with a deficit of 891.0 USD mn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1,430.6 Apr 2024 -891.0 Mar 2024 -2,908.9 Aug 2022 808.6 Dec 2011 USD mn monthly Jan 1958 - Apr 2024

Trade Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -481.8 May 2024 monthly Oct 1998 - May 2024
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 2,181.3 May 2024 monthly Jan 1991 - May 2024
Armenia (USD mn) -242.8 May 2024 monthly Nov 1995 - May 2024
Australia (USD mn) 3,825.2 May 2024 monthly Jul 1971 - May 2024
Austria (USD mn) 1,275.4 Feb 2024 monthly Jan 1957 - Feb 2024
Azerbaijan (USD mn) 1,134.1 May 2024 monthly Jan 2000 - May 2024
Bahrain (USD mn) 4,501.7 2023 yearly 1966 - 2023
Bangladesh (USD mn) -2,435.9 Apr 2024 monthly Jul 1986 - Apr 2024
Belarus (USD mn) -67.6 Apr 2024 monthly Jan 2000 - Apr 2024
Belgium (USD mn) 2,411.2 Mar 2024 monthly Jan 1993 - Mar 2024
Bolivia (USD mn) -47.7 Apr 2024 monthly Oct 1994 - Apr 2024
Bosnia and Herzegovina (USD mn) -612.0 May 2024 monthly Jan 2000 - May 2024
Botswana (USD mn) -168.9 Apr 2024 monthly Jan 2001 - Apr 2024
Brazil (USD mn) 8,534.4 May 2024 monthly Jan 1959 - May 2024
Brunei (USD mn) 311.2 Apr 2024 monthly Jan 2010 - Apr 2024
Bulgaria (USD mn) -697.4 Apr 2024 monthly Jan 1995 - Apr 2024
Cambodia (USD mn) -503.4 May 2024 monthly Jun 2013 - May 2024
Canada (USD mn) -1,409.8 May 2024 monthly Jan 1988 - May 2024
Chile (USD mn) 1,597.6 May 2024 monthly Jan 1968 - May 2024
China (USD mn) 82,622.1 May 2024 monthly Jan 1992 - May 2024
Colombia (USD mn) -1,430.6 Apr 2024 monthly Jan 1958 - Apr 2024
Croatia (USD mn) -1,746.1 Mar 2024 monthly Jan 1993 - Mar 2024
Cyprus (USD mn) -796.9 Apr 2024 monthly Jan 1957 - Apr 2024
Czech Republic (USD mn) 3,303.6 Mar 2024 monthly Jan 1996 - Mar 2024
Denmark (USD mn) 821.7 Mar 2024 monthly Jan 1997 - Mar 2024
Ecuador (USD mn) 595.1 Apr 2024 monthly Mar 1992 - Apr 2024
Egypt (USD mn) -2,681.0 Apr 2024 monthly Jan 1957 - Apr 2024
Estonia (USD mn) -327.1 Apr 2024 monthly Jan 1993 - Apr 2024
European Union (USD mn) 18,833.2 Apr 2024 monthly Jan 2002 - Apr 2024
Finland (USD mn) -103.5 Jan 2024 monthly Jan 1992 - Jan 2024
France (USD mn) -8,127.7 Apr 2024 monthly Jan 2000 - Apr 2024
Georgia (USD mn) -766.7 May 2024 monthly Jan 1995 - May 2024
Germany (USD mn) 23,850.2 Apr 2024 monthly Jan 1957 - Apr 2024
Ghana (USD mn) 539.1 Dec 2023 monthly Mar 2005 - Dec 2023
Greece (USD mn) -3,231.0 Apr 2024 monthly Jan 2002 - Apr 2024
Hong Kong SAR, China (USD mn) -1,554.5 May 2024 monthly Jan 1957 - May 2024
Hungary (USD mn) 1,894.7 Apr 2024 monthly Jan 1976 - Apr 2024
Iceland (USD mn) -282.2 Jun 2024 monthly Jan 1957 - Jun 2024
India (USD mn) -23,780.0 May 2024 monthly Jan 1957 - May 2024
Indonesia (USD mn) 2,927.0 May 2024 monthly Jan 1967 - May 2024
Iran (USD mn) 25,912.0 2023 yearly 1948 - 2023
Ireland (USD mn) 9,055.7 Apr 2024 monthly Jan 1970 - Apr 2024
Israel (USD mn) -2,433.5 May 2024 monthly Jan 1988 - May 2024
Italy (USD mn) 6,397.9 Apr 2024 monthly Jan 1993 - Apr 2024
Ivory Coast (USD mn) 2,317.3 Mar 2024 monthly Jan 1981 - Mar 2024
Japan (USD mn) -3,966.4 May 2024 monthly Apr 1995 - May 2024
Jordan (USD mn) -1,053.6 Apr 2024 monthly Jan 1972 - Apr 2024
Kazakhstan (USD mn) 2,037.9 Apr 2024 monthly Sep 1995 - Apr 2024
Kenya (USD mn) -957.2 Jan 2024 monthly Oct 1992 - Jan 2024
South Korea (USD mn) 7,999.0 Jun 2024 monthly Jan 1966 - Jun 2024
Kosovo (USD mn) -465.5 May 2024 monthly Jan 2003 - May 2024
Kuwait (USD mn) 2,950.3 Feb 2024 monthly Jan 1993 - Feb 2024
Kyrgyzstan (USD mn) -947.0 Apr 2024 monthly Jan 2002 - Apr 2024
Laos (USD mn) -170.9 Dec 2023 quarterly Dec 1992 - Dec 2023
Latvia (USD mn) -347.6 Apr 2024 monthly Jan 1995 - Apr 2024
Lebanon (USD mn) -1,062.6 Dec 2023 monthly Jan 1993 - Dec 2023
Lithuania (USD mn) -367.2 Mar 2024 monthly Jan 1999 - Mar 2024
Luxembourg (USD mn) -630.6 Apr 2024 monthly Jan 1988 - Apr 2024
Macau SAR, China (USD mn) -1,190.6 May 2024 monthly Jan 1998 - May 2024
North Macedonia (USD mn) -331.1 Apr 2024 monthly Dec 1993 - Apr 2024
Malawi (USD mn) -194.6 Mar 2024 monthly Jan 1964 - Mar 2024
Malaysia (USD mn) 4,006.8 May 2024 monthly Jan 1990 - May 2024
Malta (USD mn) -356.5 Apr 2024 monthly Jan 1960 - Apr 2024
Mauritius (USD mn) -337.8 Apr 2024 monthly Jan 2006 - Apr 2024
Mexico (USD mn) 970.6 May 2024 monthly Jan 1993 - May 2024
Moldova (USD mn) -484.0 Apr 2024 monthly Jan 1992 - Apr 2024
Mongolia (USD mn) 449.6 May 2024 monthly Jan 1997 - May 2024
Montenegro (USD mn) -296.2 May 2024 monthly Jan 2005 - May 2024
Morocco (USD mn) -2,642.4 May 2024 monthly Jan 1957 - May 2024
Mozambique (USD mn) -61.7 Mar 2024 monthly Jan 2011 - Mar 2024
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -927.0 May 2024 monthly Aug 1974 - May 2024
Netherlands (USD mn) 13,488.6 Apr 2024 monthly Jan 1996 - Apr 2024
New Zealand (USD mn) 54.4 Apr 2024 monthly Jan 1960 - Apr 2024
Nigeria (USD mn) 1,428.5 Mar 2024 monthly Jan 2003 - Mar 2024
Norway (USD mn) 5,459.0 May 2024 monthly Jan 1957 - May 2024
Oman (USD mn) 2,278.4 Mar 2024 monthly Jan 1975 - Mar 2024
Pakistan (USD mn) -2,108.2 May 2024 monthly Jan 1968 - May 2024
Palestinian Territory (USD mn) -317.5 Apr 2024 monthly Jan 2011 - Apr 2024
Panama (USD mn) -1,093.6 Apr 2024 monthly Jan 1964 - Apr 2024
Paraguay (USD mn) 228.4 May 2024 monthly Jan 1994 - May 2024
Peru (USD mn) 650.0 Apr 2024 monthly Jan 1985 - Apr 2024
Philippines (USD mn) -4,760.9 Apr 2024 monthly Jan 1957 - Apr 2024
Poland (USD mn) 642.7 Apr 2024 monthly Jan 1986 - Apr 2024
Portugal (USD mn) -1,762.5 Mar 2024 monthly Jan 1957 - Mar 2024
Qatar (USD mn) 4,833.0 May 2024 monthly Jan 2014 - May 2024
Romania (USD mn) -2,865.8 Apr 2024 monthly Aug 1990 - Apr 2024
Russia (USD mn) 12,223.2 Apr 2024 monthly Jan 1998 - Apr 2024
Saudi Arabia (USD mn) 113,078.6 2023 yearly 1957 - 2023
Serbia (USD mn) -928.0 May 2024 monthly Jan 2001 - May 2024
Singapore (USD mn) 3,377.8 May 2024 monthly Jan 1976 - May 2024
Slovakia (USD mn) 499.5 Apr 2024 monthly Jan 2004 - Apr 2024
Slovenia (USD mn) 160.9 Apr 2024 monthly Nov 1991 - Apr 2024
South Africa (USD mn) 1,091.2 May 2024 monthly Oct 2004 - May 2024
Spain (USD mn) -4,338.5 Apr 2024 monthly May 1974 - Apr 2024
Sri Lanka (USD mn) -393.3 May 2024 monthly Jan 1982 - May 2024
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 1,107.0 May 2024 monthly Jan 1957 - May 2024
Switzerland (USD mn) 6,609.8 May 2024 monthly Jan 1957 - May 2024

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Colombia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.2 Sep 2023 quarterly Dec 2000 - Sep 2023
Consolidated Fiscal Balance (USD mn) 3,323.396 Sep 2023 quarterly Mar 1995 - Sep 2023
Tax Revenue (USD mn) 7,632.377 May 2024 monthly Jan 1999 - May 2024
Tax Revenue: % of GDP (%) 16.5 Mar 2024 quarterly Mar 2000 - Mar 2024
National Government Debt (USD mn) 241,886.6 Dec 2023 quarterly Dec 2001 - Dec 2023
Government Debt: % of GDP (%) 58.8 Dec 2023 quarterly Dec 2005 - Dec 2023
Forecast: Government Expenditure (COP bn) 710,187.230 2028 yearly 1982 - 2028
Forecast: Government Net Debt (COP bn) 1,224,179.732 2029 yearly 1996 - 2029
Forecast: Government Revenue (COP bn) 667,655.950 2028 yearly 1980 - 2028
Central Government: Expenditure (COP bn) 29,175.026 Mar 2024 monthly Jan 1995 - Mar 2024
Central Government: Revenue (COP bn) 29,517.914 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Collection: Internal: VAT (COP mn) 9,764,427.260 May 2024 monthly Jan 1999 - May 2024
Tax Collection: Internal: Income Tax (COP mn) 14,058,810.540 May 2024 monthly Jan 1999 - May 2024
Tax Collection: Total (COP mn) 29,499,823.534 May 2024 monthly Jan 1999 - May 2024
Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) 219,055.966 May 2024 monthly Jan 2000 - May 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.416 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,430.6 Apr 2024 monthly Jan 1958 - Apr 2024
Total Exports (USD mn) 4,446.7 May 2024 monthly Jan 1970 - May 2024
Total Exports Growth (%) 17.9 Apr 2024 monthly Jan 1971 - Apr 2024
Aluminum: Exports (USD th) 60,040.092 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 361,386.398 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 56,465.291 2022 yearly 1995 - 2022
Total Imports (USD mn) 5,839.4 Apr 2024 monthly Jan 1980 - Apr 2024
Total Imports Growth (%) 18.1 Apr 2024 monthly Jan 1981 - Apr 2024
Imports: Medicament (USD th) 2,136,175.945 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,809,154.500 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,181.080 Apr 2024 monthly Jan 2008 - Apr 2024
Total Imports from USA (USD mn) 1,624.668 Apr 2024 monthly Jan 1981 - Apr 2024
Total Exports to China (USD mn) 184.847 Apr 2024 monthly Jan 2008 - Apr 2024
Total Imports from China (USD mn) 1,260.414 Apr 2024 monthly Jun 1988 - Apr 2024
Trade Balance: ytd: Total (USD mn) -3,619.886 Apr 2024 monthly Jan 2006 - Apr 2024
Terms of Trade Index (2000=100) 122.581 May 2024 monthly Jan 1980 - May 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,087.1 Mar 2024 quarterly Mar 1996 - Mar 2024
Current Account Balance (USD mn) -1,924.0 Mar 2024 quarterly Mar 1996 - Mar 2024
Current Account Balance: % of GDP (%) -1.9 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Direct Investment (USD mn) 3,620.5 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Direct Investment: % of GDP (%) 3.6 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Portfolio Investment (USD mn) 583.293 Mar 2024 quarterly Mar 2000 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 0.6 Mar 2024 quarterly Mar 2000 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 4.4 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 578.881 Mar 2024 quarterly Mar 1996 - Mar 2024
External Debt (USD mn) 196,279.6 Mar 2024 monthly Jan 2001 - Mar 2024
External Debt: % of GDP (%) 53.7 2023 yearly 1970 - 2023
External Debt: Short Term (USD mn) 30,608.0 Mar 2023 monthly Oct 1999 - Mar 2023
External Debt: Short Term: % of GDP (%) 9.0 2023 yearly 1970 - 2023
Forecast: Current Account Balance (USD bn) -17.588 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -191,084.788 Mar 2024 quarterly Mar 2000 - Mar 2024
CO: BoP: Current Account: Goods: Credit (USD mn) 52,641.920 2023 yearly 1968 - 2023
CO: BoP: Current Account: Goods: Debit (USD mn) 59,373.304 2023 yearly 1968 - 2023
CO: BoP: Current Account: Services: Credit (USD mn) 15,643.889 2023 yearly 1968 - 2023
CO: BoP: Current Account: Primary Income: Debit (USD mn) 22,877.227 2023 yearly 1968 - 2023
CO: BoP: Current Account: Primary Income (USD mn) -14,100.023 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Direct Investment: Assets (USD mn) 1,174.892 2023 yearly 1968 - 2023
CO: BoP: Current Account: Goods (USD mn) -6,867.470 2023 yearly 1968 - 2023
CO: BoP: Current Account: Primary Income: Credit (USD mn) 8,777.204 2023 yearly 1968 - 2023
CO: BoP: Current Account: Services (USD mn) -1,353.014 2023 yearly 1968 - 2023
CO: BoP: Current Account: Secondary Income: Debit (USD mn) 1,469.613 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Other Investment: Assets (USD mn) 3,945.744 2023 yearly 1968 - 2023
CO: BoP: Current Account (USD mn) -9,715.359 2023 yearly 1968 - 2023
CO: BoP: Current Account: Credit (USD mn) 90,954.306 2023 yearly 1968 - 2023
CO: BoP: Current Account: Debit (USD mn) 100,629.400 2023 yearly 1968 - 2023
CO: BoP: Current Account: Secondary Income: Credit (USD mn) 14,379.560 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Other Investment: Liabilities (USD mn) 4,389.329 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Portfolio Investment (USD mn) 8,656.900 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 19.924 2023 yearly 1968 - 2023
CO: BoP: Net Errors & Omissions (USD mn) 835.787 2023 yearly 1968 - 2023
CO: BoP: Current Account: Secondary Income (USD mn) 12,909.948 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Other Investment (USD mn) -443.585 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Official Reserve Assets (USD mn) 1,716.572 2023 yearly 1968 - 2023
CO: BoP: Financial Account (USD mn) -8,285.356 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Direct Investment: Liabilities (USD mn) 17,146.854 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) 1,116.850 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 1,096.926 2023 yearly 1968 - 2023
BoP: BPM6: Financial Account: Other Investment (USD mn) -2,561.420 Dec 2018 quarterly Mar 2000 - Dec 2018
IIP: Assets (USD mn) 260,761.336 Mar 2024 quarterly Mar 2000 - Mar 2024
IIP: Liabilities (USD mn) 451,846.124 Mar 2024 quarterly Mar 2000 - Mar 2024
International Investment Position (IIP) (USD mn) -191,084.788 Mar 2024 quarterly Mar 2000 - Mar 2024
External Debt: Private Sector: Total (USD mn) 82,941.756 Mar 2024 monthly Jan 2001 - Mar 2024
External Debt: Total: Long Term (USD mn) 163,528.298 Mar 2024 monthly Jan 2001 - Mar 2024
External Debt: Public Sector: Total (USD mn) 113,337.803 Mar 2024 monthly Jan 2001 - Mar 2024
FDI: Manufacturing (USD mn) 335.905 Mar 2024 quarterly Mar 1996 - Mar 2024
FDI: Wholesale & Retail Trade, Hotels & Restaurants (USD mn) 525.740 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Direct Investment (FDI) (USD mn) 3,620.458 Mar 2024 quarterly Mar 1996 - Mar 2024
FDI: Petroleum (USD mn) 575.131 Mar 2024 quarterly Mar 1996 - Mar 2024
FDI: Transport, Storage & Communications (USD mn) 344.328 Mar 2024 quarterly Mar 1996 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Apr 2024 monthly Apr 1995 - Apr 2024
Household Debt: % of GDP (%) 32.1 Mar 2024 quarterly Dec 2015 - Mar 2024
Money Supply M1 (USD mn) 38,979.482 May 2023 monthly Jan 1984 - May 2023
Money Supply M2 (USD mn) 161,207.989 May 2023 monthly Dec 1979 - May 2023
M2 Growth (%) 8.3 May 2024 monthly Dec 1980 - May 2024
Reserve Requirement Ratio (%) 8.0 Jun 2024 monthly Jun 2008 - Jun 2024
Foreign Exchange Reserves (USD mn) 55,629.1 May 2024 monthly Dec 1956 - May 2024
Foreign Exchange Reserves: % of GDP (%) 14.244 Mar 2024 quarterly Dec 2000 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 9.4 Apr 2024 monthly Jan 1980 - Apr 2024
Gold Reserves (USD mn) 352.200 May 2024 monthly Dec 1956 - May 2024
Domestic Credit (USD mn) 219,034.2 Mar 2024 monthly Jan 1993 - Mar 2024
Domestic Credit Growth (%) 3.2 Mar 2024 monthly Jan 1994 - Mar 2024
Credit to Households (USD bn) 111.713 Dec 2023 quarterly Dec 1996 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 238.500 Dec 2023 quarterly Dec 1996 - Dec 2023
Household Debt (USD mn) 80,040.0 Apr 2024 monthly Apr 1995 - Apr 2024
Total Loans (USD mn) 174,405.884 Apr 2024 monthly Apr 1995 - Apr 2024
Total Loans Growth (%) 0.94 Apr 2024 monthly Apr 1996 - Apr 2024
Private Debt: % of Nominal GDP (%) 42.53 Dec 2023 quarterly Dec 2005 - Dec 2023
Monetary Base (COP bn) 143,965.821 May 2024 monthly Jan 1980 - May 2024
Money Supply: M3 (COP bn) 819,007.065 May 2024 monthly Jan 1982 - May 2024
Net International Reserves: Gross (USD mn) 60,600.458 May 2024 monthly Jan 1960 - May 2024
Net International Reserves: Gross: Gold (USD mn) 352.200 May 2024 monthly Jan 1980 - May 2024
Credits Institutions: Credit Balance Including Leasing: Gross (COP bn) 675,550.726 Apr 2024 monthly Apr 1995 - Apr 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -1.2 May 2024 monthly Jan 1981 - May 2024
IOS: Business Climate Indicators: Favorable Situation (%) 70.200 Jan 2023 monthly Oct 2006 - Jan 2023

More Indicators for Colombia

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