Terms Of Trade in Colombia decreased to 117.86 points in September from 120.59 points in August of 2020. source: Banco de la República de Colombia

Terms Of Trade in Colombia averaged 108.86 points from 1980 until 2020, reaching an all time high of 165.96 points in December of 2011 and a record low of 73.87 points in August of 1989. This page provides - Colombia Terms Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Terms Of Trade - values, historical data and charts - was last updated on October of 2020.

Terms Of Trade in Colombia is expected to be 88.67 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms Of Trade in Colombia to stand at 87.94 in 12 months time. In the long-term, the Colombia Terms Of Trade is projected to trend around 88.11 points in 2021 and 88.07 points in 2022, according to our econometric models.

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Colombia Terms Of Trade

Actual Previous Highest Lowest Dates Unit Frequency
117.86 120.59 165.96 73.87 1980 - 2020 points Monthly
NSA, 2000=100

Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -1.00 -1.10 0.81 -1.97 USD Billion [+]
Current Account -1693.00 -2547.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -4.30 -3.90 4.10 -6.30 percent [+]
Imports 3.57 3.65 6.08 0.28 USD Billion [+]
Exports 2.57 2.55 5.71 0.02 USD Billion [+]
External Debt 150188.80 140197.02 150188.80 36431.04 USD Million [+]
Foreign Direct Investment 1340.43 3455.67 6776.22 197.17 USD Million [+]
Capital Flows -2278.72 -2378.35 359.83 -6193.64 USD Million [+]
Remittances 645.90 593.20 944.50 162.44 USD Million [+]
Gold Reserves 4.10 13.90 18.92 3.49 Tonnes [+]
Crude Oil Production 730.00 732.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 117.86 120.59 165.96 73.87 points [+]
Terrorism Index 5.91 5.61 7.16 5.58 [+]


Colombia Terms Of Trade
In Colombia, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.