The sudden outbreak of COVID-19 in 2020 had a major impact on Colombia’s economic growth. The rapid spread of COVID-19 has led to a sharp drop in international market demand，disruption of industrial and supply chains，drop in international commodity prices，and disruption of normal economic activities. Colombia’s economic development is facing a dilemma of a sudden deterioration of the external and internal environment. Due to the impact of the global COVID-19 pandemic，Colombia’s foreign trade and foreign investment shrank rapidly in 2020，the employment market environment deteriorated sharply，the unemployment rate was high，and the expansionary fiscal policy led to the expansion of the deficit，rising prices and inflation. Despite the aggressive measures taken by the Colombian government to combat the pandemic，Colombia’s economic growth in 2020 failed to stop the rapid decline，and 2020 has been the worst year since the 2008 financial crisis. In 2020，the foreign trade between China and Colombia shrank rapidly under the impact of COVID-19. In 2021，the rapid progress of the vaccination against COVID-19，the gradual recovery of international market demand，and the surge in the prices of crude oil，coal and other international commodities will bring benefits to Colombia’s economic growth. However，due to factors such as geopolitics and the global economic downturn，Colombia’s economic growth still face many challenges and uncertainties.