Colombia Trade
Merchandise exports slide in June
Merchandise exports plummeted 26.5% in annual terms in June (May: -2.8% year-on-year). Meanwhile, merchandise imports plunged 20.3% over the same month last year in June (May: -18.4% yoy).
As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.9 billion deficit in June (May 2023: USD 0.6 billion deficit; June 2022: USD 2.1 billion deficit). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 15.2 billion deficit in June, compared to the USD 15.4 billion deficit in May.
Colombia Trade Chart
This chart displays Merchandise Trade Balance (USD bn) for Colombia from 2013 to 2022.
Colombia Trade Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -6.4 | -9.9 | -8.9 | -14.0 | -12.0 |