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Colombia Imports (% GDP)

Colombia's imports (% GDP) fell to 20.92% in 2024, down from 22.56% in 2023, according to World Bank. This represents a decrease of 1.64% from the previous year. Colombia has the 17th lowest imports (% GDP). Within Americas, it ranks 28th out of 32 countries.

Colombia's exports (% GDP) fell to 15.97% in 2024, down from 17.83% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 20.92%
2023 22.56%
2022 27.89%
2021 23.86%
2020 20.53%
2019 21.69%
2018 20.64%
2017 20.14%
2016 21.49%
2015 22.71%
2014 20.85%
2013 19.9%
2012 20.02%
2011 20.19%
2010 17.92%
2009 18.73%
2008 21.06%
2007 20.67%
2006 21.91%
2005 20.45%
2004 19.09%
2003 19.94%
2002 18.17%
2001 18.51%
2000 16.75%
1999 17.8%
1998 20.9%
1997 20.76%
1996 20.84%
1995 20.96%
1994 20.92%
1993 20.99%
1992 17.09%
1991 14.44%
1990 15.92%
1989 13.82%
1988 13.86%
1987 12.92%
1986 11.99%
1985 12.53%
1984 12.46%
1983 13.24%
1982 15.19%
1981 15.42%
1980 15.6%
1979 13.45%
1978 13.8%
1977 13.2%
1976 13.9%
1975 14.01%
1974 15.63%
1973 12.66%
1972 12.8%
1971 16.02%
1970 14.55%
1969 13.01%
1968 12.81%
1967 10.34%
1966 14.35%
1965 9.71%
1964 12.65%
1963 12.35%
1962 12.23%
1961 13.83%
1960 14.76%
Colombia Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Colombia compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $49.77B $56.91B 2023
Annual Imports $62.78B $77.41B 2023
Balance of Trade -$2B -$2B Aug'25
Exports $3.8B $4.4B Aug'25
Exports (% GDP) 15.97% 17.83% 2024
FDI Inflows (% GDP) 3.4% 4.58% 2024
Imports $5.8B $6.5B Aug'25
Net Trade (Goods & Services, BoP) -$9.77B -$7.78B 2024
Tariff Rate 3.55% 3.19% 2022
Trade (% GDP) 36.89% 40.39% 2024