Up until November 2023, Colombia recorded trade deficits with seven of its major trading partners. Its commercial trade with China registered the highest deficit with over nine billion U.S. dollars, followed by a negative trade balance of just under two billion U.S. dollars with the United States. That same year, Colombia registered commercial balance surpluses with Ecuador, Venezuela, Peru, and Chile.
Trade balance of Colombia in 2023*, by country
(in million U.S. dollars)
* Corresponds to the period until November 2023.
The balance of trade is the difference between a country's exports and imports in a given period of time. A positive value indicates a trade surplus, a negative value corresponds to a trade deficit.
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DANE (Colombia). (January 23, 2024). Trade balance of Colombia in 2023*, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1101193/colombia-trade-balance-by-country/
DANE (Colombia). "Trade balance of Colombia in 2023*, by country (in million U.S. dollars)." Chart. January 23, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1101193/colombia-trade-balance-by-country/
DANE (Colombia). (2024). Trade balance of Colombia in 2023*, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1101193/colombia-trade-balance-by-country/
DANE (Colombia). "Trade Balance of Colombia in 2023*, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 23 Jan 2024, https://www.statista.com/statistics/1101193/colombia-trade-balance-by-country/
DANE (Colombia), Trade balance of Colombia in 2023*, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1101193/colombia-trade-balance-by-country/ (last visited November 21, 2024)
Trade balance of Colombia in 2023*, by country (in million U.S. dollars) [Graph], DANE (Colombia), January 23, 2024. [Online]. Available: https://www.statista.com/statistics/1101193/colombia-trade-balance-by-country/
