1.  Overview the trade of COLOMBIA in goods current year until 202006

According to Dalian Infobank, in 202006, COLOMBIA's exports and imports of goods amounted to 5176.7705 million, and were down 26.93% comparing with the same period of last year. Among these, exports were down 26.54% at 2278.1199 million, and imports were down 27.23% at 2898.6507 million. And the corresponding trade deficit was 620.5308 million and down 29.65%.

During the current year until 202006, COLOMBIA's total exports and imports of goods were 35953.3617 million and were down 22.11% comparing to the same period of last year. Among these, exports were 15194.8610 million and down 25.16%; imports were 20758.5007 million and down 19.71%. The total trade deficit was 5563.6397 million and up 0.21%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, BRAZIL, GERMANY were COLOMBIA's top five trading partners. During the current year until 202006, COLOMBIA's imports and exports to five countries/territories were 9802.8300 million, 5581.2045 million, 2118.6425 million, 1666.9407 million, 1055.5929 million. These values correspond to 27.27%, 15.52%, 5.89%, 4.64%, 2.94% of COLOMBIA's imports and exports, and, respectively, were down 24.44%, down 21.02%, down 21.47%, down 24.60%, down 20.81% comparing to the same period of last year.

Current year until 202006, 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 202006, COLOMBIA's exports to these five countries/territories were 4258.1485 million, 1077.2494 million, 994.1648 million, 724.2535 million, 669.9314 million. These values correspond to 28.02%, 7.09%, 6.54%, 4.77%, 4.41% of COLOMBIA's exports and, respectively, were down 32.90%, down 42.06%, down 27.30%, down 9.53%, down 27.11% comparing with the same period of last year.

Current year until 202006, 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 202006, COLOMBIA's imports from these five countries/territories were 5544.6815 million, 4503.9551 million, 1394.3890 million, 1050.7744 million, 828.9386 million. These values correspond to 26.71%, 21.70%, 6.72%, 5.06%, 3.99% of COLOMBIA's total imports and, respectively, were down 16.33%, down 13.51%, down 26.52%, down 29.40%, down 24.00% comparing with the same period of last year.

During the current year until 202006, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, ECUADOR, NETHERLANDS, PUERTO RICO at 985.1138 million, 420.6304 million, 289.7637 million, 273.2983 million, 219.1093 million, and down 25.28%, down 20.51%, down 40.54%, down 57.35%, up 4572.29%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, BRAZIL at 3426.7058 million, 1286.5330 million, 670.1355 million, 602.2844 million, 434.6080 million, and up 2.35%, up 357.78%, down 38.91%, down 29.01%, down 43.24%.

Current year until 202006, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 8428.2928 million, 2531.3788 million, 2428.2338 million, 1682.6660 million, 1635.1516 million, which were down 39.25%, down 19.72%, down 17.69%, down 37.18%, down 15.59% comparing with the same period of last year and account for 23.44%, 7.04%, 6.75%, 4.68%, 4.55% of COLOMBIA's total imports and exports.

During the current year until 202006, 27, 09, 71, 06, 08 were COLOMBIA's top five traded commodities, with total import and export values of 7047.7504 million, 1129.8142 million, 1109.3422 million, 787.9121 million, 632.2732 million. These values correspond to 46.38%, 7.44%, 7.30%, 5.19%, 4.16% of COLOMBIA's total exports and, respectively, were down 39.14%, down 2.04%, up 33.00%, down 5.95%, down 1.60% comparing to the same period of last year.

During the current year until 202006, 84, 85, 87, 27, 30 were COLOMBIA's top five traded commodities, with total import values of 2387.4832 million, 2222.2583 million, 1523.4298 million, 1380.5424 million, 1236.5078 million. These values correspond to 11.50%, 10.71%, 7.34%, 6.65%, 5.96% of COLOMBIA's total exports and, respectively, were down 19.36%, down 18.35%, down 35.04%, down 39.81%, down 5.45% comparing to the same period of last year.

2. Current year until 202006, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202006, COLOMBIA-China binational exports and imports of goods amounted to 5581.2045 million and were down 21.02% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1077.2494 million and down 42.06%, imports from China to COLOMBIA were 4503.9551 million and down 13.51%. The total binational trade deficit was 3426.7058 million and up 2.35%.

During the urrent year until 202006, 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 1245.6614 million, 914.8935 million, 827.5450 million, 244.1977 million, 200.5180 million and makes up 22.32%, 16.39%, 14.83%, 4.38%, 3.59% of the total binational imports and exports. These values were also down 19.83%, down 43.92%, down 4.92%, down 35.89%, down 8.90% comparing to the same period last year.

During the current year until 202006, 27, 72, 26, 09, 38 were the top five traded commodities exported to China from COLOMBIA, with export values of 910.7023 million, 98.1324 million, 25.5415 million, 7.6982 million, 7.6743 million. These values account for 84.54%, 9.11%, 2.37%, 0.71%, 0.71% of COLOMBIA's total exports and were down 43.96%, down 42.07%, up 11.17%, down 10.82%, up 38.37% comparing to the same period of last year.

During the current year until 202006, 85, 84, 29, 63, 90 were COLOMBIA's top five traded commodities importing from China , with import values of 1245.2315 million, 827.0839 million, 200.0414 million, 181.8711 million, 170.6596 million. These values account for 27.65%, 18.36%, 4.44%, 4.04%, 3.79% of COLOMBIA's total imports and were down 19.85%, down 4.97%, down 8.73%, up 784.56%, up 34.69% 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