Colombia Balance of Trade

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Colombia trade deficit narrowed to USD 0.67 billion in December of 2016 from a USD 1.62 billion gap in 2015, as exports posted the biggest gain since December of 2011 while imports fell. Exports jumped 32.7 percent year-on-year to USD 3.37 billion, driven by sales of fuels and mining products (43 percent vs 4.1 percent in November) and agricultural goods, food and beverages (50.6 percent vs 14.9 percent). Colombia exported Colombia exported 16.9 million barrels of oil in December, a decline of 24.2 percent compared to 22.3 million barrels a year earlier. Imports fell 2.8 percent to USD 4.04 billion, dragged down by manufacturing purchases (-3.3 percent from -2.5 percent) and fuels and mining products (-15.5 percent from -14.9 percent). Considering full 2016, trade deficit shrank 24.6 percent to USD 13.8 billion as exports dropped 13 percent to USD 31.1 billion and imports decreased 17 percent to USD 44.9 billion. Balance of Trade in Colombia averaged -0.11 USD Billion from 1980 until 2016, reaching an all time high of 1.02 USD Billion in December of 2011 and a record low of -1.96 USD Billion in July of 2015.

Colombia Balance of Trade

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Colombia is a major exporter of oil and coal (59 percent of total exports). Other exports include: chemicals and related products (5.1 percent) and gold (5 percent). Main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals (17 percent) and fuel and mineral lubricants (10 percent) Main trading partners are: United States (36 percent of total exports and 39 percent of imports) and China (6 percent of exports and 16 percent of imports). Others include: Mexico, Spain and Venezuela. This page provides – Colombia Balance of Trade – actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Balance of Trade – actual data, historical chart and calendar of releases – was last updated on February of 2017.

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  1. Norway Balance of Trade Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...

  2. Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...

  3. Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...

  4. Peru Balance of Trade Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...

  5. Mongolia Balance of Trade Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=mongoliabt&v=201703160122t&h=300&w=600&ref=/mongolia/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/mongolia/balance-of-trade’>tradingeconomics.com</a> Calendar GMT Reference Actual Previous Consensus Forecast 2017-01-17 11:00...

  6. Macau Balance of Trade Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....

  7. Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...

  8. Italy Balance of Trade Year-on-year, exports rose 5.7 percent to €36.21 billion from €34.26 billion, boosted by higher sales of: Coke and refined petroleum products (21.8 percent); vehicles (21.3 percent); sport goods, games, musical instruments and other products (12.3 percent); substances and chemicals (11 percent); and base metals (9.7 percent). By contrast, exports fell for transport equipment (-17 percent). By main industrial groups, sales rose for: Energy (24.5 percent); intermediate goods (6.5 percent); capital goods (4.8 percent); and consumer goods (4.3 percent). The biggest increases in shipments were reported for China (20.9 percent); MERCOSUR countries (19.9 percent); Poland (19.1 percent); the US (12.1 percent);...

  9. Colombia Imports Imports in Colombia decreased to 4.04 USD Billion in December from 4.16 USD Billion in November of 2016. Imports in Colombia averaged 1.69 USD Billion from 1980 until 2016, reaching an all time high of 6.08 USD Billion in July of 2014 and a record low of 0.27 USD Billion in February of 1986.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Colombia main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals and related products (17 percent); fuel, mineral lubricants and related products (10 percent) and food...

  10. Kazakhstan Balance of Trade Kazakhstan recorded a trade surplus of 1289.20 USD Million in January of 2017. Balance of Trade in Kazakhstan averaged 1447.26 USD Million from 1998 until 2017, reaching an all time high of 6771.90 USD Million in June of 2011 and a record low of -22.10 USD Million in November of 1998.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=kazakhstanbt&v=201703180222t&h=300&w=600&ref=/kazakhstan/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/kazakhstan/balance-of-trade’>tradingeconomics.com</a> Kazakhstan has been recording trade surpluses since 1998 mainly due to rise in shipments of oil and other commodities. Main imports are:...

  11. Luxembourg Balance of Trade Luxembourg’s seasonally adjusted trade deficit slightly narrowed to EUR 0.35 billion in January of 2017 from a EUR 0.36 billion shortfall in December. Exports increased 10.5% to EUR 1.15 billion and imports rose at a slower 6.8% to EUR 1.49 billion. On a non-seasonally adjusted basis, the trade deficit shrank to EUR 0.24 billion from EUR 0.35 billion gap a year earlier. Exports rose 28% to EUR 1.14 billion, boosted by sales of machinery and equipment (25.1%); primary materials (11.7%); transport equipment (4.8%) and miscellaneous articles (201.4%). In contrast, shipments declined for food and live animals (-1.3%)...

  12. Serbia Balance of Trade Serbian trade deficit widened to USD 319.1 million in January of 2017 compared to USD 238 million gap a year ago. Exports rose 7.6 percent to USD 995.9 million, driven by food and live animals (12.9 percent); electrical machinery (24.2 percent); articles of apparel and clothing accessories (7.8 percent); power-generating machinery (33.7 percent); non-ferrous metals (12.1 percent). Imports went up 13 percent to USD 1315 million, driven by petroleum (25.8 percent) and electrical machinery (32.6 percent). Export increased to Germany (6.4 percent), Russia (16.9 percent) and Bulgaria (91.5 percent). Imports were up from Germany (25.4 percent), China...

  13. South Korea Balance of Trade South Korea recorded a USD11.60 billion trade surplus in June of 2016, compared to a USD9.98 billion surplus a year earlier. It was the largest trade surplus on record as imports dropped more than exports, preliminary data showed. Year-on-year, exports fell by 2.7 percent, the slowest decline in a year, to USD45.3 billion. Imports dropped by 8.0 percent to USD33.70 billion while market expected a 9.5 percent decline. In May 2016, trade surplus stood at a marginally revised USD7.0 billion. The trade balance has been in consistent surpluses since February 2012. Balance of Trade in South Korea averaged 771.02 USD...

  14. Tunisia GDP Annual Growth Rate The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=tunisiagdpyoy&v=201704010521t&h=300&w=600&ref=/tunisia/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/tunisia/gdp-growth-annual’>tradingeconomics.com</a> Calendar GMT Reference Actual ...

  15. Thailand Balance of Trade Thailand recorded a trade surplus of 1,540 USD million in May of 2016, compared to a 2,416 USD million surplus a year earlier and below market estimates, as exports fell while imports unexpectedly rose. Year-on-year, sales decreased by 4.4 percent to 17,620 USD million, following a 8.0 percent drop in April. Imports were up 0.5 percent to 16,080 USD million, after declining 14.92 percent in April while market expected a 5.45 percent fall. In April 2016, trade surplus was recorded at 721.35 USD million. Balance of Trade in Thailand averaged -62.53 USD Million from 1991 until 2016, reaching an all...

  16. Colombia Central Bank Balance Sheet Central Bank Balance Sheet in Colombia decreased to 154294.80 COP Billion in January from 158027.90 COP Billion in December of 2016. Central Bank Balance Sheet in Colombia averaged 62899.14 COP Billion from 1998 until 2017, reaching an all time high of 179500.10 COP Billion in May of 2016 and a record low of 17217.55 COP Billion in March of 1999.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com This page provides the latest reported value for – Colombia Central Bank Balance Sheet – plus previous releases, historical high and low, short-term forecast and long-term prediction,...

  17. Iran Balance of Trade Iran recorded a trade surplus of 4127 USD Million in the third quarter of 2016. Balance of Trade in Iran averaged 7654.08 USD Million from 1974 until 2016, reaching an all time high of 39427 USD Million in the fourth quarter of 2007 and a record low of -6529 USD Million in the fourth quarter of 1992.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Iran has been recording trade surpluses since 1999 due to a rise in the shipments of oil and natural gas (82 percent of total exports). Yet, the UN Security Council...

  18. Malaysia Balance of Trade Malaysia Trade Surplus Widens In February Malaysia reported a MYR 8.7 billion trade surplus in February of 2017, compared to a MYR 7.35 billion surplus a year earlier and beating market consensus of a MYR 6.05 billion surplus. Year-on-year exports surged 26.5 percent to MYR 71.8 billion, following a 13.6 percent rise in January and beating market consensus of a 17.9 percent growth. Exports increase for the fourth straight month boosted by electrical & electronic products (22.4 percent to MYR 24.6 billion, 34.2 percent of total exports), palm oil and palm based products (62.8 percent to MYR 7.0 billion, 9.7...

  19. Bulgaria Balance of Trade Bulgaria’s trade balance shifted to BGN 408.1 million deficit from BGN 126.2 million surplus in the same month a year earlier. Exports jumped 8.7 percent to BGN 3.7 billion as sales to the EU increased by 6.6 percent and those to non-EU countries rose by 12.7 percent. Meantime, imports went up at a faster 21 percent to BGN 3.9 billion as purchases from EU and non-EU countries grew by 16 percent and 30.4 percent, respectively. Balance of Trade in Bulgaria averaged -542.57 BGN Million from 2000 until 2017, reaching an all time high of 210.90 BGN Million...

  20. United States Imports from Colombia Imports from Colombia in the United States decreased to 1035.15 USD Million in January from 1288.08 USD Million in December of 2016. Imports from Colombia in the United States averaged 688.30 USD Million from 1985 until 2017, reaching an all time high of 2348.30 USD Million in May of 2012 and a record low of 85.50 USD Million in April of 1985.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usimpccoa&v=201703260327t&h=300&w=600&ref=/united-states/imports-from-colombia’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/imports-from-colombia’>tradingeconomics.com</a> This page includes a chart with historical data for the United...

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