1.  Overview the trade of COLOMBIA in goods current year until 202003

According to Dalian Infobank, in 202003, COLOMBIA's exports and imports of goods amounted to 5980.8372 million, and were down 21.76% comparing with the same period of last year. Among these, exports were down 28.41% at 2393.1371 million, and imports were down 16.59% at 3587.7001 million. And the corresponding trade deficit was 1194.5629 million and up 24.63%.

During the current year until 202003, COLOMBIA's total exports and imports of goods were 20721.2271 million and were down 6.44% comparing to the same period of last year. Among these, exports were 8835.4705 million and down 7.90%; imports were 11885.7566 million and down 5.33%. The total trade deficit was 3050.2860 million and up 3.01%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, BRAZIL, PANAMA were COLOMBIA's top five trading partners. During the current year until 202003, COLOMBIA's imports and exports to five countries/territories were 5672.4991 million, 3069.4454 million, 1357.7529 million, 929.5296 million, 715.6028 million. These values correspond to 27.38%, 14.81%, 6.55%, 4.49%, 3.45% of COLOMBIA's imports and exports, and, respectively, were down 9.18%, down 12.38%, down 0.17%, down 12.27%, down 5.74% comparing to the same period of last year.

Current year until 202003, 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 202003, COLOMBIA's exports to these five countries/territories were 2419.2996 million, 709.6257 million, 644.1312 million, 455.3401 million, 445.8996 million. These values correspond to 27.38%, 8.03%, 7.29%, 5.15%, 5.05% of COLOMBIA's exports and, respectively, were down 17.25%, down 3.91%, down 23.65%, up 13.07%, up 12.35% comparing with the same period of last year.

Current year until 202003, 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 202003, COLOMBIA's imports from these five countries/territories were 3253.1994 million, 2425.3142 million, 902.4128 million, 598.6800 million, 439.0595 million. These values correspond to 27.37%, 20.41%, 7.59%, 5.04%, 3.69% of COLOMBIA's total imports and, respectively, were down 2.08%, down 8.81%, down 5.74%, down 16.53%, down 20.75% comparing with the same period of last year.

During the current year until 202003, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, ECUADOR, ST. LUCIA, NETHERLANDS at 703.6486 million, 318.0992 million, 234.8787 million, 144.9109 million, 132.9645 million, and down 1.98%, up 28.67%, up 31.42%, down 33.73%, down 56.55%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, BRAZIL at 1781.1830 million, 833.8998 million, 447.0727 million, 311.4416 million, 267.8303 million, and down 1.91%, up 109.15%, down 19.40%, down 29.07%, down 28.57%.

Current year until 202003, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202003,  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 5424.6677 million, 1468.1692 million, 1384.0113 million, 1244.0369 million, 896.1300 million, which were down 13.94%, down 3.54%, down 5.98%, down 6.39%, down 6.93% comparing with the same period of last year and account for 26.18%, 7.09%, 6.68%, 6.00%, 4.32% of COLOMBIA's total imports and exports.

During the current year until 202003, 27, 09, 71, 06, 08 were COLOMBIA's top five traded commodities, with total import and export values of 4511.2357 million, 635.7603 million, 510.9968 million, 432.9031 million, 344.5611 million. These values correspond to 51.06%, 7.20%, 5.78%, 4.90%, 3.90% of COLOMBIA's total exports and, respectively, were down 14.16%, down 5.94%, up 16.82%, up 4.72%, up 15.00% comparing to the same period of last year.

During the current year until 202003, 84, 85, 87, 27, 30 were COLOMBIA's top five traded commodities, with total import values of 1374.3613 million, 1265.6676 million, 1138.8388 million, 913.4321 million, 619.1883 million. These values correspond to 11.56%, 10.65%, 9.58%, 7.69%, 5.21% of COLOMBIA's total exports and, respectively, were down 3.22%, down 7.23%, down 3.74%, down 12.81%, down 0.06% comparing to the same period of last year.

2. Current year until 202003, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202003, COLOMBIA-China binational exports and imports of goods amounted to 3069.4454 million and were down 12.38% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 644.1312 million and down 23.65%, imports from China to COLOMBIA were 2425.3142 million and down 8.81%. The total binational trade deficit was 1781.1830 million and down 1.91%.

During the urrent year until 202003, 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 682.6413 million, 553.5916 million, 455.7700 million, 123.6105 million, 109.1707 million and makes up 22.24%, 18.04%, 14.85%, 4.03%, 3.56% of the total binational imports and exports. These values were also down 14.09%, down 24.10%, up 5.37%, down 39.42%, up 26.07% comparing to the same period last year.

During the current year until 202003, 27, 72, 26, 08, 38 were the top five traded commodities exported to China from COLOMBIA, with export values of 551.5911 million, 54.2371 million, 12.1036 million, 5.1051 million, 4.5611 million. These values account for 85.63%, 8.42%, 1.88%, 0.79%, 0.71% of COLOMBIA's total exports and were down 24.05%, down 42.95%, up 7578.51%, up 16421.11%, up 25.10% comparing to the same period of last year.

During the current year until 202003, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 682.6067 million, 455.5905 million, 109.1659 million, 92.9270 million, 84.0515 million. These values account for 28.15%, 18.78%, 4.50%, 3.83%, 3.47% of COLOMBIA's total imports and were down 14.09%, up 5.34%, up 26.08%, down 5.67%, down 15.89% 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