1.  Overview the trade of COLOMBIA in goods current year until 202001

According to Dalian Infobank, in 202001, COLOMBIA's exports and imports of goods amounted to 7753.2724 million, and were up 5.22% comparing with the same period of last year. Among these, exports were up 11.66% at 3423.6541 million, and imports were up 0.64% at 4329.6183 million. And the corresponding trade deficit was 905.9642 million and down 26.71%.

During the current year until 202001, COLOMBIA's total exports and imports of goods were 7753.2724 million and were up 5.22% comparing to the same period of last year. Among these, exports were 3423.6541 million and up 11.66%; imports were 4329.6183 million and up 0.64%. The total trade deficit was 905.9642 million and down 26.71%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, PANAMA, BRAZIL were COLOMBIA's top five trading partners. During the current year until 202001, COLOMBIA's imports and exports to five countries/territories were 2054.8243 million, 1242.4683 million, 449.7097 million, 429.5091 million, 349.2970 million. These values correspond to 26.50%, 16.03%, 5.80%, 5.54%, 4.51% of COLOMBIA's imports and exports, and, respectively, were down 1.92%, down 4.40%, up 19.30%, up 96.31%, down 17.41% comparing to the same period of last year.

Current year until 202001, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, CHINA, TURKEY, MEXICO are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202001, COLOMBIA's exports to these five countries/territories were 863.4432 million, 426.4014 million, 217.0655 million, 202.0492 million, 164.3283 million. These values correspond to 25.22%, 12.45%, 6.34%, 5.90%, 4.80% of COLOMBIA's exports and, respectively, were down 5.37%, up 96.53%, down 37.24%, up 79.72%, up 89.31% comparing with the same period of last year.

Current year until 202001, COLOMBIA's exports to top five countries/territories UNITED STATES, CHINA, MEXICO, BRAZIL, GERMANY are the top five countries/territories that COLOMBIA imports from in terms of the total export amount. During the current year until 202001, COLOMBIA's imports from these five countries/territories were 1191.3811 million, 1025.4028 million, 285.3814 million, 202.3226 million, 150.1528 million. These values correspond to 27.52%, 23.68%, 6.59%, 4.67%, 3.47% of COLOMBIA's total imports and, respectively, were up 0.74%, up 7.50%, down 1.64%, down 26.50%, down 23.58% comparing with the same period of last year.

During the current year until 202001, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, ECUADOR, NETHERLANDS, ST. LUCIA at 423.2938 million, 176.2079 million, 78.5141 million, 64.2515 million, 60.0490 million, and up 96.75%, up 117.27%, up 26.53%, down 30.08%, down 14.04%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, INDIA at 808.3373 million, 327.9379 million, 121.0531 million, 96.3088 million, 59.2015 million, and up 32.95%, up 21.40%, down 40.47%, down 36.70%, down 17.83%.

Current year until 202001, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 27, 84, 85, 87, 39, were COLOMBIA's top five traded commodities. They correspond to the import and export values of 2334.5696 million, 573.0962 million, 499.8383 million, 393.8861 million, 307.1126 million, which were up 19.03%, up 9.46%, down 0.52%, down 4.74%, down 8.26% comparing with the same period of last year and account for 30.11%, 7.39%, 6.45%, 5.08%, 3.96% of COLOMBIA's total imports and exports.

During the current year until 202001, 27, 09, 08, 71, 39 were COLOMBIA's top five traded commodities, with total import and export values of 2047.9652 million, 249.8363 million, 143.8663 million, 116.5202 million, 100.5901 million. These values correspond to 59.82%, 7.30%, 4.20%, 3.40%, 2.94% of COLOMBIA's total exports and, respectively, were up 26.76%, down 4.17%, up 31.28%, down 9.50%, down 14.72% comparing to the same period of last year.

During the current year until 202001, 84, 85, 87, 27, 10 were COLOMBIA's top five traded commodities, with total import values of 544.6154 million, 465.1021 million, 365.2264 million, 286.6044 million, 226.0815 million. These values correspond to 12.58%, 10.74%, 8.44%, 6.62%, 5.22% of COLOMBIA's total exports and, respectively, were up 11.73%, up 0.24%, up 1.28%, down 17.11%, up 23.65% comparing to the same period of last year.

2. Current year until 202001, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202001, COLOMBIA-China binational exports and imports of goods amounted to 1242.4683 million and were down 4.40% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 217.0655 million and down 37.24%, imports from China to COLOMBIA were 1025.4028 million and up 7.50%. The total binational trade deficit was 808.3373 million and up 32.95%.

During the urrent year until 202001, commodities with hs2 code, 85, 84, 27, 72, 87, were binational trade's top five traded commodities. They correspond to import and export values of 284.7152 million, 208.0854 million, 168.0780 million, 60.2180 million, 42.9378 million and makes up 22.92%, 16.75%, 13.53%, 4.85%, 3.46% of the total binational imports and exports. These values were also up 1.87%, up 31.89%, down 41.48%, down 37.69%, up 43.76% comparing to the same period last year.

During the current year until 202001, 27, 72, 26, 08, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 167.4201 million, 29.8661 million, 11.7466 million, 2.2373 million, 1.5851 million. These values account for 77.13%, 13.76%, 5.41%, 1.03%, 0.73% of COLOMBIA's total exports and were down 41.61%, down 40.45%, up 7351.98%, up 11460.58%, up 3.76% comparing to the same period of last year.

During the current year until 202001, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 284.7152 million, 207.9209 million, 42.9330 million, 42.4674 million, 39.7434 million. These values account for 27.77%, 20.28%, 4.19%, 4.14%, 3.88% of COLOMBIA's total imports and were up 1.87%, up 31.81%, up 43.78%, up 12.86%, down 1.84% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Direccion de Impuestos y Aduanas Nacionales de Colombia