Colombia Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Colombia's trade balance was $-20.0B in 2025, ranked 166th globally. This represents a 1.1% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Colombia's trade balance stood at $-20.0B in 2025, a rise of +$224.6M from 2024. Based on recent trends, this figure is projected to reach $-20.0B by 2025. Colombia ranked 166th globally.
Colombia’s trade balance has swung from a modest surplus of 37,777,799.55 in 1960 to a pronounced deficit of –19,991,258,894.65 in 2025, ranking 166th globally. The peak surplus of 2,391,414,016.62 occurred in 1986, reflecting a period of strong export performance, while the all‑time trough of –25,942,895,382.01 in 2022 marked the deepest reversal of the 66‑year record. Compared with peers, Colombia’s deficit is narrower than Guatemala’s –21,286,758,044.75 but larger than Morocco’s –14,749,680,091.72, suggesting a middle‑of‑the‑road position among similarly ranked economies. The persistent negative balance stems from a reliance on imported inputs and a relatively modest export diversification, despite recent efforts to expand agro‑industrial and services exports. If structural reforms succeed in boosting high‑value‑added production and reducing import dependence, the trajectory could shift toward a narrower deficit or even a modest surplus in the coming decade.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $-19.1B | - | - |
| 2026* trend | $-19.5B | - | - |
| 2025* trend | $-20.0B | - | - |
| 2025 | $-20.0B | +$224.6M | #166 |
| 2024 | $-20.2B | −$2.9B | #13 |
| 2023 | $-17.3B | +$8.6B | #13 |
| 2022 | $-25.9B | −$1.5B | #14 |
| 2021 | $-24.4B | −$5.5B | #10 |
| 2020 | $-19.0B | −$145.8M | #10 |
| 2019 | $-18.8B | −$3.0B | #9 |
| 2018 | $-15.8B | −$255.9M | #11 |
| 2017 | $-15.6B | +$3.6B | #13 |
| 2016 | $-19.1B | +$1.6B | #11 |
| 2015 | $-20.7B | −$4.6B | #11 |
| 2014 | $-16.1B | −$9.2B | #11 |
| 2013 | $-6.9B | −$2.4B | #23 |
| 2012 | $-4.5B | −$1.4B | #29 |
| 2011 | $-3.1B | +$1.5B | #40 |
Detected Pattern
Analysis
Colombia matched the Stagflation Risk pattern in 2023. Historically, 38% of countries showing this pattern (117 out of 307) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Colombia's trade balance was $-20.0B in 2025. Ranked 166th globally. This represents a 1.1% increase from the previous year.
Colombia's trade balance peaked at $2.4B in 1986.
The lowest trade balance in Colombia was $-25.9B in 2022.
Colombia ranks 166th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Colombia's trade balance is projected to reach $-20.0B by 2025 based on trend extrapolation.
The trade balance of Colombia in 2025 was $-20.0B. This ranks 166th in the world.
Cite this page
@misc{historysaid_colombia_trade-balance,
title = {Colombia Trade Balance},
url = {https://historysaid.com/colombia/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}