Colombia: total value of international trade 2009-2023

From 2009 to 2012, the total value of exports in Colombia increased by 27.28 billion U.S. dollars, while that of imports did so by nearly 25 billion dollars. In terms of exports, however, this trend reversed in 2013 and followed a downward course until 2016. In terms of imports, the total annual value continued to grow until 2014, but also showed a negative development for the following two years. From 2016 on, the value of both exports and imports in Colombia has recovered, amounting to 50.27 U.S. billion dollars in imports and 39.5 U.S. billion dollars in exports in 2019. In 2023, Colombia's trade balance amounted to -9.68 billion U.S. dollars, with imports amounting to over 59 billion and exports over 49 billion dollars.