Colombia’s imports surged 31.7% year-on-year to $7.7 billion in August 2026, marking the strongest increase since August 2022, following a 22.9% rise in July. Imports of fuels and extractive industry products jumped 190.1% after increasing 77.3% in the previous month, driven by a sharp 262.6% rise in purchases of oil, petroleum products and related goods. Import growth in manufactured goods also accelerated to 18.9% from 16.1%, supported by stronger purchases of machinery and transport equipment (22.8%) and chemical products (22.2%). Meanwhile, imports of agricultural and food products continued to grow, although at a slower pace of 24.8% compared to 27.2% in July.