1.  Overview the trade of COLOMBIA in goods current year until 202005

According to Dalian Infobank, in 202005, COLOMBIA's exports and imports of goods amounted to 5114.6575 million, and were down 40.07% comparing with the same period of last year. Among these, exports were down 40.27% at 2237.3315 million, and imports were down 39.92% at 2877.3260 million. And the corresponding trade deficit was 639.9944 million and down 38.66%.

During the current year until 202005, COLOMBIA's total exports and imports of goods were 30776.5911 million and were down 21.23% comparing to the same period of last year. Among these, exports were 12916.7411 million and down 24.91%; imports were 17859.8500 million and down 18.34%. The total trade deficit was 4943.1089 million and up 5.84%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, BRAZIL, PANAMA were COLOMBIA's top five trading partners. During the current year until 202005, COLOMBIA's imports and exports to five countries/territories were 8501.7273 million, 4652.1305 million, 1873.0047 million, 1447.2712 million, 898.9377 million. These values correspond to 27.62%, 15.12%, 6.09%, 4.70%, 2.92% of COLOMBIA's imports and exports, and, respectively, were down 22.74%, down 20.76%, down 19.63%, down 23.12%, down 25.68% comparing to the same period of last year.

Current year until 202005, COLOMBIA and the top five trade partners UNITED STATES, CHINA, PANAMA, MEXICO, ECUADOR are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202005, COLOMBIA's exports to these five countries/territories were 3543.9059 million, 1004.7447 million, 890.9593 million, 641.3968 million, 590.7572 million. These values correspond to 27.44%, 7.78%, 6.90%, 4.97%, 4.57% of COLOMBIA's exports and, respectively, were down 33.61%, down 30.69%, down 23.36%, down 9.42%, down 21.48% comparing with the same period of last year.

Current year until 202005, 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 202005, COLOMBIA's imports from these five countries/territories were 4957.8214 million, 3647.3858 million, 1231.6079 million, 911.9834 million, 690.3728 million. These values correspond to 27.76%, 20.42%, 6.90%, 5.11%, 3.87% of COLOMBIA's total imports and, respectively, were down 12.49%, down 17.50%, down 24.08%, down 27.95%, down 26.56% comparing with the same period of last year.

During the current year until 202005, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, ECUADOR, NETHERLANDS, PUERTO RICO at 882.9810 million, 381.0231 million, 287.1444 million, 196.7157 million, 192.6211 million, and down 20.84%, down 21.01%, down 25.04%, down 63.59%, up 7242.75%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, BRAZIL at 2642.6410 million, 1413.9155 million, 590.2110 million, 499.7858 million, 376.6956 million, and down 11.06%, up 330.99%, down 35.44%, down 31.62%, down 41.97%.

Current year until 202005, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202005,  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 7447.9710 million, 2179.0952 million, 1986.4464 million, 1507.6178 million, 1434.3159 million, which were down 36.20%, down 17.37%, down 21.43%, down 34.07%, down 13.48% comparing with the same period of last year and account for 24.20%, 7.08%, 6.45%, 4.90%, 4.66% of COLOMBIA's total imports and exports.

During the current year until 202005, 27, 09, 71, 06, 08 were COLOMBIA's top five traded commodities, with total import and export values of 6137.7687 million, 935.0084 million, 861.7733 million, 686.9660 million, 537.0563 million. These values correspond to 47.52%, 7.24%, 6.67%, 5.32%, 4.16% of COLOMBIA's total exports and, respectively, were down 37.10%, down 7.01%, up 19.73%, down 2.36%, down 5.69% comparing to the same period of last year.

During the current year until 202005, 84, 85, 87, 27, 30 were COLOMBIA's top five traded commodities, with total import values of 2056.6618 million, 1822.1910 million, 1371.9426 million, 1310.2023 million, 1032.4298 million. These values correspond to 11.52%, 10.20%, 7.68%, 7.34%, 5.78% of COLOMBIA's total exports and, respectively, were down 16.85%, down 21.92%, down 31.75%, down 31.63%, down 4.16% comparing to the same period of last year.

2. Current year until 202005, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202005, COLOMBIA-China binational exports and imports of goods amounted to 4652.1305 million and were down 20.76% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1004.7447 million and down 30.69%, imports from China to COLOMBIA were 3647.3858 million and down 17.50%. The total binational trade deficit was 2642.6410 million and down 11.06%.

During the urrent year until 202005, commodities with hs2 code, 85, 27, 84, 72, 29, were binational trade's top five traded commodities. They correspond to import and export values of 993.5490 million, 863.4895 million, 700.6407 million, 208.2142 million, 165.5079 million and makes up 21.36%, 18.56%, 15.06%, 4.48%, 3.56% of the total binational imports and exports. These values were also down 25.44%, down 31.31%, down 4.70%, down 37.81%, down 10.75% comparing to the same period last year.

During the current year until 202005, 27, 72, 26, 38, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 860.2745 million, 83.6874 million, 24.1419 million, 7.4879 million, 6.0423 million. These values account for 85.62%, 8.33%, 2.40%, 0.75%, 0.60% of COLOMBIA's total exports and were down 31.27%, down 43.27%, up 80.63%, up 42.11%, down 20.99% comparing to the same period of last year.

During the current year until 202005, 85, 84, 29, 39, 87 were COLOMBIA's top five traded commodities importing from China , with import values of 993.1411 million, 700.1896 million, 165.0791 million, 145.6950 million, 138.2027 million. These values account for 27.23%, 19.20%, 4.53%, 3.99%, 3.79% of COLOMBIA's total imports and were down 25.46%, down 4.75%, down 10.56%, down 11.95%, down 0.74% 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