attractive landscape in Colombia

Colombia Trade Balance January 2022

Colombia: Merchandise export growth robust and stable in January

Merchandise exports expanded 44.8% year-on-year in January, accelerating marginally from December’s 44.7% increase. Looking at the details of the release, January’s result was due to manufacturing exports picking up pace and being almost offset by softer growth of fuel shipments—the country’s key export.

Merchandise imports, meanwhile, grew 45.9% in January, picking up slightly from December’s 44.5% expansion. Consequently, the merchandise trade deficit widened to USD 1.5 billion in January from the USD 1.0 billion shortfall recorded in January 2021. Accordingly, the trend deteriorated, with the 12-month trailing merchandise trade balance coming in at a USD 15.9 billion deficit in January (December 2021: USD 15.4 billion shortfall).

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest