Merchandise imports from low- and middle-income economies in Latin in Colombia
Colombia: Merchandise imports from low- and middle-income economies in Latin was 17.7% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Colombia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Colombia recorded 17.7% for merchandise imports from low- and middle-income economies in latin in 2023.
The figure is down 5.8% on the previous year and down 17.9% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Colombia peaked at 25.0% in 2010 and was at its lowest, 1.5%, in 1960.
Colombia ranks 18th of 206 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Colombia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 1.5% | — |
| 1961 | 2.1% | +37.9% |
| 1962 | 2.4% | +17.7% |
| 1963 | 3.9% | +60.7% |
| 1964 | 4.7% | +20.8% |
| 1965 | 7.1% | +49.8% |
| 1966 | 7.2% | +0.9% |
| 1967 | 5.8% | -19.1% |
| 1968 | 5.7% | -1.7% |
| 1969 | 8.2% | +44.6% |
| 1970 | 6.9% | -16.7% |
| 1971 | 6.9% | +0.7% |
| 1972 | 7.9% | +14.4% |
| 1973 | 9.6% | +21.1% |
| 1974 | 9.4% | -1.3% |
| 1975 | 7.6% | -19.0% |
| 1976 | 8.4% | +9.9% |
| 1977 | 11.3% | +34.4% |
| 1978 | 12.3% | +8.6% |
| 1979 | 13.6% | +10.5% |
| 1980 | 9.5% | -30.2% |
| 1981 | 10.3% | +8.5% |
| 1982 | 13.4% | +30.6% |
| 1983 | 11.8% | -12.4% |
| 1984 | 11.8% | -0.0% |
| 1985 | 14.8% | +25.7% |
| 1986 | 14.8% | +0.1% |
| 1987 | 11.5% | -22.0% |
| 1988 | 13.9% | +20.6% |
| 1989 | 14.7% | +5.4% |
| 1990 | 11.3% | -23.1% |
| 1991 | 13.6% | +20.3% |
| 1992 | 13.7% | +0.9% |
| 1993 | 13.1% | -3.9% |
| 1994 | 12.1% | -8.0% |
| 1995 | 11.0% | -8.7% |
| 1996 | 12.4% | +12.6% |
| 1997 | 13.3% | +6.9% |
| 1998 | 13.8% | +3.9% |
| 1999 | 15.3% | +11.2% |
| 2000 | 17.0% | +10.8% |
| 2001 | 16.6% | -2.3% |
| 2002 | 19.1% | +15.0% |
| 2003 | 20.4% | +6.8% |
| 2004 | 20.7% | +1.7% |
| 2005 | 23.0% | +10.7% |
| 2006 | 24.5% | +6.7% |
| 2007 | 24.4% | -0.5% |
| 2008 | 21.7% | -11.1% |
| 2009 | 22.5% | +4.0% |
| 2010 | 25.0% | +11.0% |
| 2011 | 25.0% | -0.2% |
| 2012 | 24.8% | -0.7% |
| 2013 | 21.5% | -13.1% |
| 2014 | 18.9% | -12.4% |
| 2015 | 16.9% | -10.2% |
| 2016 | 19.4% | +14.5% |
| 2017 | 18.6% | -4.0% |
| 2018 | 19.3% | +3.7% |
| 2019 | 20.0% | +3.5% |
| 2020 | 19.0% | -5.2% |
| 2021 | 18.5% | -2.2% |
| 2022 | 18.8% | +1.3% |
| 2023 | 17.7% | -5.8% |
Colombia compared with similar countries
- Colombia's 17.7% is above the median for upper middle income countries, which is 2.4%, 7.2× the median. (59 countries reporting)
- Colombia's 17.7% is above the median for Latin America & Caribbean, which is 16.0%, 1.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.9% | 1.5% | 8.2% | 10 |
| 1970s | 9.4% | 6.9% | 13.6% | 10 |
| 1980s | 12.6% | 9.5% | 14.8% | 10 |
| 1990s | 13.0% | 11.0% | 15.3% | 10 |
| 2000s | 21.0% | 16.6% | 24.5% | 10 |
| 2010s | 20.9% | 16.9% | 25.0% | 10 |
| 2020s | 18.5% | 17.7% | 19.0% | 4 |
Countries ranked near Colombia
- 15 United States of America 19.2% compare
- 16 Yemen 18.7% compare
- 17 Costa Rica 18.4% compare
- 19 Jamaica 16.6% compare
- 20 Dominican Republic 16.4% compare
- 21 Cuba 15.5% compare
More private sector data for Colombia
- Merchandise trade 26.4% (2025)
- Food imports 13.7% (2024)
- Manufactures imports 72.9% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Food exports 18.1% (2024)
- Manufactures exports 21.4% (2024)
- Merchandise exports 50.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 937.49 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1095 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.05 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Colombia?
- Merchandise imports from low- and middle-income economies in latin in Colombia was 17.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Colombia?
- The highest recorded value was 25.0% in 2010.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Colombia?
- The lowest recorded value was 1.5% in 1960.
- How does Colombia rank for merchandise imports from low- and middle-income economies in latin?
- Colombia ranks 18th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Colombia?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.