Colombia reports US$401 million trade surplus with Africa

At the Celac-Africa High-Level Forum, Trade, Industry and Tourism Minister Diana Marcela Morales highlighted a US$401 million trade surplus with Africa at the end of 2025, a 73% increase from the previous year. Morales stressed the potential of economic ties with the continent and concrete progress in that area.

Diana Marcela Morales, Colombia's Minister of Trade, Industry and Tourism, spoke at the Celac-Africa High-Level Forum to underscore trade ties with the African continent. She stated that at the end of 2025, Colombia recorded a US$401 million trade surplus with Africa, marking a 73% increase from the prior year. “We are advancing concrete actions to deepen this relationship,” Morales said at the event, which Uruguayan President Yamandú Orsi attended by traveling to Colombia for the Celac summit. The mining-energy sector led exports with US$296.5 million, accounting for 46.6% of total shipments to Africa last year. Rising products include coffee, bananas, and machinery. Morales noted that over 160 Colombian companies currently export to the continent, showing tangible economic growth. “This demonstrates that this link goes beyond diplomatic aspirations and solidifies as an expanding economic reality,” she added. Key progress includes negotiations for a memorandum of understanding with Kenya. Since 2022, Colombia has promoted market diversification toward Africa through economic diplomacy and new logistics routes. The minister concluded that the forum marks the start of a new strategic integration phase based on trade, investment, and shared value creation, shaping a complementary economic geography between Latin America and Africa.

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Dramatic border scene of Colombian officials imposing 30% tariffs on halted Ecuadorian trucks amid trade retaliation, with flags, cargo, and power lines.
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Colombia imposes 30% tariffs on Ecuadorian products amid trade tensions

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Ecuador imposed a 30% tariff on Colombian imports due to border security concerns, prompting Colombia to retaliate with similar measures, including tariffs on 23 Ecuadorian tariff items and a temporary suspension of electricity exports. This escalation impacts bilateral trade worth billions of dollars and endangers jobs in sectors like agriculture and manufacturing. Business groups urge restoring diplomatic dialogue to prevent further economic fallout.

Colombia's agricultural exports hit a record in 2025, rising 33.5% in value and 20.1% in volume compared to 2024, per DANE data. This surge boosted rural employment to 4.8 million people and accounted for 30.5% of the nation's total external sales.

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Colombia's total imports in 2025 amounted to US$70.502.1 million, a 10% increase from 2024, mainly driven by the manufacturing sector. In December of that year, external purchases reached US$6,050.7 million, up 7.1%. This trend highlights increased acquisitions in machinery and agricultural products.

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.

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Colombia's Ministry of Mines and Energy published Resolution 40064 on January 22, 2026, suspending international electricity transactions with Ecuador in response to President Daniel Noboa's 30% tariffs. The measure takes effect from 6 PM that day and prioritizes national supply. Ecuador claims it has sufficient capacity to meet its energy demand without imports.

Lina Morales, executive director of HealthTech Colombia, stated that its over 300 member companies exceed US$300 million in local and foreign operations. The third edition of the HealthTech Forum in Bogotá drew more than 1,500 attendees from 12 countries, positioning the city as a key hub for health innovation.

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The National Administrative Department of Statistics (Dane) revealed that the Economic Tracking Indicator (ISE) grew 3.1% in November 2025 compared to the same month in 2024, marking 18 consecutive months of positive growth. However, the manufacturing sector showed limited progress with 0.7% production growth, while sales fell 0.4%, and retail commerce rose 7.5%. Overall industrial production varied by 1.7%, driven by electricity supply.

 

 

 

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