January 2026 imports totaled US$5,902.9 million

Colombia's National Administrative Department of Statistics (DANE) reported that imports in January 2026 reached US$5,902.9 million, up 9.7% from January 2025. This marks the highest January figure in the decade, surpassed only by US$6,050.5 million in 2022.

Colombia's January 2026 imports hit a decade-high for the month at US$5,902.9 million, per DANE data, rising 9.7% from January 2025. December 2025 had reached US$6,050.7 million, exceeding US$6,000 million. Manufactures dominated at US$4,584.9 million, up 14.1%, led by road vehicles (US$812.3 million), medicinal and pharmaceutical products (US$357.5 million), and telecommunications equipment (US$313.4 million). Agropecuarian products, foods, and beverages followed with US$879.5 million, driven by cereals (US$232.7 million), pet food (US$140 million), and legumes with fruits (US$74.5 million). China was the top supplier at US$1,829.5 million, followed by the United States (US$1,240.8 million) and Mexico (US$275.9 million). Four European nations—Bulgaria (424.8%), Croatia (388.9%), Hungary (182.7%), and Austria (114.1%)—posted over 100% growth, totaling US$38.1 million. Ecuador supplied US$84.8 million, up 20.5%, though tariffs rose from 30% to 50% in February. The trade balance showed a deficit of US$1,328.8 million, US$49.8 million wider than January 2025. Largest deficits were with China (US$1,660.4 million) and Mexico (US$179.8 million), while surpluses occurred with the United States (US$195.4 million) and Canada (US$188.4 million).

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Illustration of a Colombian factory during industrial production decline in January 2026, with workers reviewing falling output charts.
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DANE reported that manufacturing industrial production fell 0.5% in January 2026 compared to January 2025, with real sales down 0.7%. This marks two consecutive months of production contraction and three for sales.

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Dane reported that Colombia's annual inflation for March 2026 reached 5.56%, up from 5.29% in February. This is the highest rate since September 2024 at 5.81%. Year-to-date inflation for the first quarter stood at 3.07%.

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In January 2026, Colombia's unemployment rate stood at 10.9%, the lowest for any January since 2001, with 324,000 more workers than in the same month of 2025. The number of unemployed people fell by 186,000 to 2.8 million. This improvement was driven by growth in self-employment and people leaving the labor force.

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