FX.co ★ Colombia Imports Rise the Most in 4 Years

Colombia’s imports jumped 31.7% year-on-year to USD 7.7 billion in August 2026, the fastest pace since August 2022, after a 22.9% increase in July. Purchases of fuels and extractive industry products surged 190.1%, sharply up from 77.3% growth in the previous month, driven by a 262.6% spike in imports of oil, petroleum products, and related goods. Import growth of manufactured goods also quickened, to 18.9% from 16.1%, supported by stronger demand for machinery and transport equipment (22.8%) and for chemical products (22.2%). Meanwhile, imports of agricultural and food products continued to expand, though at a slower rate of 24.8%, compared with 27.2% in July.