Colombia Trade Balance
Colombia Trade Balance recorded a deficit of 1.7 USD bn in Nov 2020, compared with a deficit of 1.1 USD bn in the previous month. Colombia Trade Balance data is updated monthly, available from Jan 1958 to Nov 2020, with an averaged value of -16.5 USD mn. The data reached an all-time high of 808.6 USD mn in Dec 2011 and a record low of -2.0 USD bn in Jan 2015. CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. National Statistics Administrative Department provides Total Exports and Total Imports in USD. Trade Balance prior to January 1980 is sourced from the International Monetary Fund.
In the latest reports, Colombia Total Exports reached 2.6 USD bn in Oct 2020, a decrease of 14.1 % year on year. Total Imports recorded 3.7 USD bn in Oct 2020, a decrease of 12.0 % year on year.
View Colombia's Trade Balance from Jan 1958 to Nov 2020 in the chart:
What was Colombia's Trade Balance in Nov 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1,660.8 Nov 2020 | -1,078.7 Oct 2020 | -1,968.1 Jan 2015 | 808.6 Dec 2011 | USD mn | monthly | Jan 1958 - Nov 2020 |
Trade Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -376.8 Dec 2020 | monthly | Oct 1998 - Dec 2020 |
| Algeria (USD mn) | -791.7 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Argentina (USD mn) | 141.2 Nov 2020 | monthly | Jan 1991 - Nov 2020 |
| Armenia (USD mn) | -197.4 Nov 2020 | monthly | Nov 1995 - Nov 2020 |
| Australia (USD mn) | 3,651.0 Nov 2020 | monthly | Jul 1971 - Nov 2020 |
| Austria (USD mn) | -377.4 Oct 2020 | monthly | Jan 1957 - Oct 2020 |
| Azerbaijan (USD mn) | -91.6 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Bahrain (USD mn) | 856.2 2019 | yearly | 1966 - 2019 |
| Bangladesh (USD mn) | -915.4 Oct 2020 | monthly | Jul 1986 - Oct 2020 |
| Belarus (USD mn) | 309.3 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Mar 2020 | quarterly | Dec 2000 - Mar 2020 |
| Consolidated Fiscal Balance (USD mn) | 2,340.157 Mar 2020 | quarterly | Mar 1995 - Mar 2020 |
| Tax Revenue (USD mn) | 4,015.354 Nov 2020 | monthly | Jan 1999 - Nov 2020 |
| Tax Revenue: % of GDP (%) | 13.6 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| National Government Debt (USD mn) | 148,513.9 Mar 2020 | quarterly | Mar 2002 - Mar 2020 |
| Government Debt: % of GDP (%) | 56.2 Mar 2020 | quarterly | Dec 2005 - Mar 2020 |
| Forecast: Government Expenditure (COP bn) | 411,622.144 2025 | yearly | 1982 - 2025 |
| Forecast: Government Net Debt (COP bn) | 838,964.267 2025 | yearly | 1996 - 2025 |
| Forecast: Government Revenue (COP bn) | 398,889.337 2025 | yearly | 1980 - 2025 |
| Tax Collection: Total (COP mn) | 9,235,577.439 Oct 2020 | monthly | Jan 1999 - Oct 2020 |
| Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 114,998.442 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Tax Collection: Internal: Income Tax (COP mn) | 5,549,580.121 Nov 2020 | monthly | Jan 1999 - Nov 2020 |
| Tax Collection: Internal: VAT (COP mn) | 5,864,416.829 Nov 2020 | monthly | Jan 1999 - Nov 2020 |
| Central Government Debt: Medium and Long Term (COP bn) | 575,637.923 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
| Central Government Debt: Medium and Long Term: Internal (COP bn) | 340,426.945 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
| Central Government Debt: Medium and Long Term: External (COP bn) | 235,210.978 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
| CO: Revenue Excluding Grants (COP mn) | 211,585,064.004 2018 | yearly | 1998 - 2018 |
| CO: Social Contributions (COP mn) | 40,929,752.315 2018 | yearly | 1998 - 2018 |
| CO: Expenditure (COP mn) | 270,951,917.302 2018 | yearly | 1998 - 2018 |
| CO: Net Lending (+) / Net Borrowing (-) (COP mn) | -18,430,839.956 2018 | yearly | 1998 - 2018 |
| CO: Net Acquisition of Financial Assets (COP mn) | -5,219,157.206 2018 | yearly | 1998 - 2018 |
| CO: Central Government Debt: Total (COP mn) | 495,859,665.995 2016 | yearly | 1998 - 2016 |
| CO: Central Government Debt: Total: % of GDP (%) | 57.406 2016 | yearly | 1998 - 2016 |
| CO: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains (COP mn) | 64,934,443.690 2018 | yearly | 1998 - 2018 |
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