[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · COL · 2024
Colombia trade profile
In 2024, Colombia recorded $55.3B in merchandise exports and $61.4B in imports, producing a $6.1B trade deficit. Exports changed -1.9% from the previous year, while imports changed +3.4%.[1]
Exports
$55.3B
-1.9%
Imports
$61.4B
+3.4%
Trade balance
-$6.1B
deficit
Active partners
270
42 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$26.2B
HS 27 · Mineral fuels and oils
41 active HS6 lines · 96 export partners
2$4.6B
HS 71 · Precious metals and stones
49 active HS6 lines · 90 export partners
3$3.5B
HS 09 · HS chapter
39 active HS6 lines · 130 export partners
4$2.4B
HS 06 · HS chapter
16 active HS6 lines · 111 export partners
5$2.0B
HS 08 · HS chapter
68 active HS6 lines · 103 export partners
6$1.8B
HS 39 · HS chapter
128 active HS6 lines · 132 export partners
7$1.0B
HS 85 · Electrical machinery
261 active HS6 lines · 128 export partners
8$848.7M
HS 33 · HS chapter
29 active HS6 lines · 108 export partners
Leading export markets
Destinations rank bilateral export flows from Colombia; growth describes each corridor rather than the whole economy.
1$16.6B
United States
Annual change +8.1% · 3-year CAGR 9.9%
2$4.3B
Panama
Annual change -8.0% · 3-year CAGR 21.2%
3$4.2B
China
Annual change -4.3% · 3-year CAGR -2.4%
4$3.0B
India
Annual change +11.6% · 3-year CAGR 6.9%
5$2.2B
Mexico
Annual change +4.9% · 3-year CAGR 19.0%
6$2.0B
Brazil
Annual change -2.5% · 3-year CAGR 0.1%
7$2.0B
Ecuador
Annual change -6.9% · 3-year CAGR 3.6%
8$1.3B
Peru
Annual change +14.0% · 3-year CAGR 6.1%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.