FX.co ★ Colombia Trade Deficit Widens in December

Colombia’s trade deficit widened to approximately $1.51 billion in December 2025, up from $1.17 billion in the same month a year earlier. Imports increased 7.1% year-on-year to $6.05 billion, led by a 12.5% rise in purchases of manufactured goods. Within this category, imports of machinery and transport equipment grew 17.0%, while chemicals and related products edged up 0.5%.

Imports of agricultural products, food, and beverages rose 9.8%, reflecting sharp increases in beverages and tobacco (+81.4%) and more moderate growth in food products and live animals (+5.4%). In contrast, imports of fuels and extractive industry products fell 22.0%, largely due to a 23.7% decline in purchases of petroleum and petroleum products.

On the export side, total shipments abroad rose 1.3% year-on-year to $4.54 billion. Exports of petroleum and petroleum-derived products dropped 22.6%, while the “other exports” category surged 90.4%, driven by a substantial increase in non-monetary gold exports. Exports of manufactured goods were up 3.2%, and agricultural exports grew 5.4%.