Colombia’s trade balance deteriorated at the start of 2026, with the deficit expanding to USD 1.329 billion in January 2026 from USD 1.178 billion in December 2025. The latest figures, updated on 19 March 2026, indicate a notable month‑on‑month widening of the external gap.
The shift suggests that either imports grew faster than exports or export revenues weakened heading into the new year, putting additional pressure on Colombia’s external accounts. While detailed breakdowns by sector are not provided, the larger deficit underscores the importance of monitoring trade dynamics in the coming months, particularly amid global economic uncertainty and fluctuating commodity markets, which are key for Colombia’s external earnings.
