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Colombia Merchandise Exports

Colombia Merchandise Exports

Merchandise Exports in Colombia

In 2022, Colombia's merchandise exports totaled USD 59.6 billion, a decrease from USD 60.3 billion ten years prior, while the average over the decade was USD 44.8 billion. For more exports information, visit our dedicated page.

Colombia Merchandise Exports Chart

Note: This chart displays Exports (USD billion) for Colombia from 2015 to 2023.
Source: Central Bank of Colombia.

Colombia Merchandise Exports Data

2018 2019 2020 2021 2022
Merchandise Exports (USD bn) 43.0 40.7 32.3 42.7 59.5
Merchandise Exports (ann. var. %) 8.1 -5.4 -20.5 32.3 39.2

Merchandise exports slide in October

Merchandise exports dived 14.1% in annual terms in October (September: -13.6% year-on-year). Meanwhile, merchandise imports slid 10.6% on an annual basis in October (September: -23.9% yoy). As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 2.5 billion shortfall in October (September 2023: USD 0.6 billion deficit; October 2022: USD 2.7 billion deficit). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 13.2 billion deficit in October, compared to the USD 13.4 billion deficit in September.

Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Colombian merchandise exports projections for the next ten years from a panel of 19 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Colombian merchandise exports.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Colombian merchandise exports projections.

Want to get access to the full dataset of Colombian merchandise exports forecasts? Send an email to

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