Close

Monitor Report of COLOMBIA trade and COLOMBIA-China binational trade in 202002

 1.  Overview the trade of COLOMBIA in goods current year until 202002

According to Dalian Infobank, in 202002COLOMBIA's exports and imports of goods amounted to 6987.1175 million, and were down 2.08% comparing with the same period of last year. Among these, exports were down 5.21% at 3018.6793 million, and imports were up 0.43% at 3968.4382 million. And the corresponding trade deficit was 949.7589 million and up 23.88%.

During the current year until 202002, COLOMBIA's total exports and imports of goods were 14740.3899 million and were up 1.63% comparing to the same period of last year. Among these, exports were 6442.3334 million and up 3.07%; imports were 8298.0565 million and up 0.54%. The total trade deficit was 1855.7231 million and down 7.34%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, BRAZIL, PANAMA were COLOMBIA's top five trading partners. During the current year until 202002, COLOMBIA's imports and exports to five countries/territories were 4024.9015 million, 2388.0163 million, 975.7281 million, 618.5861 million, 575.4381 million. These values correspond to 27.31%, 16.20%, 6.62%, 4.20%, 3.90% of COLOMBIA's imports and exports, and, respectively, were up 0.70%, down 2.89%, up 11.06%, down 14.26%, up 47.62% comparing to the same period of last year.

Current year until 202002, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, CHINA, MEXICO, ECUADOR are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202002, COLOMBIA's exports to these five countries/territories were 1780.7447 million, 570.3323 million, 506.5141 million, 371.1970 million, 335.7492 million. These values correspond to 27.64%, 8.85%, 7.86%, 5.76%, 5.21% of COLOMBIA's exports and, respectively, were down 1.66%, up 47.67%, down 19.93%, up 27.65%, up 17.79% comparing with the same period of last year.

Current year until 202002, 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 202002, COLOMBIA's imports from these five countries/territories were 2244.1567 million, 1881.5022 million, 604.5310 million, 378.3168 million, 286.7096 million. These values correspond to 27.04%, 22.67%, 7.29%, 4.56%, 3.46% of COLOMBIA's total imports and, respectively, were up 2.66%, up 3.01%, up 2.85%, down 20.44%, down 27.34% comparing with the same period of last year.

During the current year until 202002, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, ECUADOR, ST. LUCIA, NETHERLANDS at 565.2265 million, 253.9704 million, 179.0544 million, 131.7886 million, 97.5514 million, and up 47.71%, up 63.56%, up 29.15%, down 21.38%, down 50.42%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, BRAZIL at 1374.9881 million, 463.4120 million, 233.3340 million, 197.8403 million, 138.0475 million, and up 15.16%, up 23.48%, down 21.43%, down 37.05%, down 39.86%.

Current year until 202002, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202002,  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 4232.6939 million, 1058.0564 million, 974.2086 million, 797.2753 million, 610.5003 million, which were up 5.76%, up 3.81%, down 0.11%, down 1.64%, down 9.49% comparing with the same period of last year and account for 28.71%, 7.18%, 6.61%, 5.41%, 4.14% of COLOMBIA's total imports and exports.

During the current year until 202002, 27, 09, 71, 06, 08 were COLOMBIA's top five traded commodities, with total import and export values of 3606.1643 million, 465.4419 million, 307.7778 million, 278.1004 million, 245.3908 million. These values correspond to 55.98%, 7.22%, 4.78%, 4.32%, 3.81% of COLOMBIA's total exports and, respectively, were up 7.90%, down 3.46%, up 13.77%, up 6.41%, up 20.19% comparing to the same period of last year.

During the current year until 202002, 84, 85, 87, 27, 10 were COLOMBIA's top five traded commodities, with total import values of 994.6697 million, 896.3597 million, 731.1041 million, 626.5296 million, 432.8716 million. These values correspond to 11.99%, 10.80%, 8.81%, 7.55%, 5.22% of COLOMBIA's total exports and, respectively, were up 4.84%, down 0.86%, up 4.21%, down 5.09%, up 41.62% comparing to the same period of last year.


2. Current year until 202002, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202002, COLOMBIA-China binational exports and imports of goods amounted to 2388.0163 million and were down 2.89% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 506.5141 million and down 19.93%, imports from China to COLOMBIA were 1881.5022 million and up 3.01%. The total binational trade deficit was 1374.9881 million and up 15.16%.

During the urrent year until 202002, commodities with hs2 code, 85, 27, 84, 72, 87, were binational trade's top five traded commodities. They correspond to import and export values of 514.7002 million, 447.2078 million, 356.4228 million, 87.2536 million, 79.8395 million and makes up 21.55%, 18.73%, 14.93%, 3.65%, 3.34% of the total binational imports and exports. These values were also down 2.52%, down 21.27%, up 22.15%, down 31.97%, up 39.61% comparing to the same period last year.

During the current year until 202002, 27, 72, 26, 08, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 445.7931 million, 31.6977 million, 11.7466 million, 3.9633 million, 3.0268 million. These values account for 88.01%, 6.26%, 2.32%, 0.78%, 0.60% of COLOMBIA's total exports and were down 21.31%, down 36.82%, up 7351.98%, up 20378.69%, down 0.47% comparing to the same period of last year.

During the current year until 202002, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 514.6963 million, 356.2512 million, 79.8346 million, 76.0138 million, 66.9535 million. These values account for 27.36%, 18.93%, 4.24%, 4.04%, 3.56% of COLOMBIA's total imports and were down 2.52%, up 22.10%, up 39.63%, up 6.46%, down 10.14% 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