FX.co ★ Colombian Imports Plummet: Significant Drop from 14.90% to 0.30% in November

Colombia has experienced a staggering decline in its import growth rate, plummeting from 14.90% in October 2025 to a mere 0.30% in November 2025. This dramatic shift marks a significant deviation from the previous indicators, which had showcased robust import activity, as compared to the same period in the previous year.

The updated data, released on 22nd January 2026, highlights a stark contrast in the monthly import performance. In October, the import rate was thriving at nearly 15%, signaling hearty economic engagement from the international markets. However, by November, this momentum faced an abrupt halt, dwindling almost entirely to a negligible rate.

This downturn is a cause for concern among economists and policymakers, who are now tasked with analyzing the underlying factors contributing to this unexpected change. Such a sharp decline may be indicative of broader economic challenges, both domestically and internationally, necessitating swift strategic responses to stabilize the nation's trade dynamics and preserve economic vitality.