1.  Overview the trade of COLOMBIA in goods current year until 202011

According to Dalian Infobank, in 202011, COLOMBIA's exports and imports of goods amounted to 6715.3835 million, and were down 12.16% comparing with the same period of last year. Among these, exports were down 12.47% at 2527.3885 million, and imports were down 11.97% at 4187.9951 million. And the corresponding trade deficit was 1660.6066 million and down 11.19%.

During the current year until 202011, COLOMBIA's total exports and imports of goods were 67346.1745 million and were down 20.51% comparing to the same period of last year. Among these, exports were 28000.2622 million and down 22.43%; imports were 39345.9123 million and down 19.08%. The total trade deficit was 11345.6501 million and down 9.44%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, BRAZIL, ECUADOR were COLOMBIA's top five trading partners. During the current year until 202011, COLOMBIA's imports and exports to five countries/territories were 17655.6033 million, 11677.2561 million, 3730.1253 million, 3247.5482 million, 2044.9573 million. These values correspond to 26.22%, 17.34%, 5.54%, 4.82%, 3.04% of COLOMBIA's imports and exports, and, respectively, were down 23.94%, down 16.57%, down 23.77%, down 23.18%, down 19.56% comparing to the same period of last year.

Current year until 202011, COLOMBIA and the top five trade partners UNITED STATES, CHINA, PANAMA, ECUADOR, BRAZIL are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202011, COLOMBIA's exports to these five countries/territories were 7929.6265 million, 2308.4405 million, 1599.0442 million, 1324.0293 million, 1117.0346 million. These values correspond to 28.32%, 8.24%, 5.71%, 4.73%, 3.99% of COLOMBIA's exports and, respectively, were down 27.24%, down 41.93%, down 36.17%, down 26.17%, down 16.42% comparing with the same period of last year.

Current year until 202011, 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 202011, COLOMBIA's imports from these five countries/territories were 9725.9768 million, 9368.8156 million, 2643.8435 million, 2130.5137 million, 1487.5931 million. These values correspond to 24.72%, 23.81%, 6.72%, 5.41%, 3.78% of COLOMBIA's total imports and, respectively, were down 21.02%, down 6.51%, down 26.12%, down 26.31%, down 26.53% comparing with the same period of last year.

During the current year until 202011, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, ECUADOR, NETHERLANDS, PUERTO RICO at 1578.8390 million, 636.8628 million, 603.1014 million, 419.3370 million, 408.2578 million, and down 35.38%, down 18.69%, down 42.25%, down 53.78%, up 7114.23%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, BRAZIL at 7060.3751 million, 1796.3503 million, 1557.5617 million, 1058.4883 million, 1013.4791 million, and up 16.77%, up 26.80%, down 31.19%, down 33.55%, down 34.81%.

Current year until 202011, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202011,  commodities with hs2 codes, 27, 85, 84, 87, 39, were COLOMBIA's top five traded commodities. They correspond to the import and export values of 13904.6555 million, 4983.5721 million, 4976.1148 million, 3385.4127 million, 3049.2093 million, which were down 42.23%, down 12.51%, down 14.94%, down 33.81%, down 14.80% comparing with the same period of last year and account for 20.65%, 7.40%, 7.39%, 5.03%, 4.53% of COLOMBIA's total imports and exports.

During the current year until 202011, 27, 71, 09, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 11817.4144 million, 2663.1964 million, 2220.1682 million, 1324.9558 million, 1175.2044 million. These values correspond to 42.20%, 9.51%, 7.93%, 4.73%, 4.20% of COLOMBIA's total exports and, respectively, were down 40.37%, up 55.72%, up 4.03%, down 4.94%, down 13.86% comparing to the same period of last year.

During the current year until 202011, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 4667.9777 million, 4524.6567 million, 3068.2586 million, 2302.6263 million, 2087.2411 million. These values correspond to 11.86%, 11.50%, 7.80%, 5.85%, 5.30% of COLOMBIA's total exports and, respectively, were down 14.75%, down 13.96%, down 31.85%, down 6.48%, down 50.86% comparing to the same period of last year.

2. Current year until 202011, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202011, COLOMBIA-China binational exports and imports of goods amounted to 11677.2561 million and were down 16.57% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 2308.4405 million and down 41.93%, imports from China to COLOMBIA were 9368.8156 million and down 6.51%. The total binational trade deficit was 7060.3751 million and up 16.77%.

During the urrent year until 202011, commodities with hs2 code, 85, 27, 84, 87, 72, were binational trade's top five traded commodities. They correspond to import and export values of 2578.2560 million, 1935.5511 million, 1703.1193 million, 482.7302 million, 473.7933 million and makes up 22.08%, 16.58%, 14.58%, 4.13%, 4.06% of the total binational imports and exports. These values were also down 9.85%, down 45.03%, up 1.58%, up 25.30%, down 35.82% comparing to the same period last year.

During the current year until 202011, 27, 72, 26, 09, 38 were the top five traded commodities exported to China from COLOMBIA, with export values of 1925.5809 million, 235.4535 million, 65.0413 million, 20.9465 million, 8.9060 million. These values account for 83.41%, 10.20%, 2.82%, 0.91%, 0.39% of COLOMBIA's total exports and were down 45.17%, down 32.57%, up 52.21%, up 27.89%, down 6.83% comparing to the same period of last year.

During the current year until 202011, 85, 84, 87, 63, 90 were COLOMBIA's top five traded commodities importing from China , with import values of 2577.7338 million, 1702.0509 million, 482.4697 million, 453.7609 million, 373.4280 million. These values account for 27.51%, 18.17%, 5.15%, 4.84%, 3.99% of COLOMBIA's total imports and were down 9.86%, up 1.55%, up 25.26%, up 987.95%, up 53.19% 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