1.  Overview the trade of COLOMBIA in goods current year until 202012

According to Dalian Infobank, in 202012, COLOMBIA's exports and imports of goods amounted to 7171.5000 million, and were down 3.36% comparing with the same period of last year. Among these, exports were down 9.39% at 3028.9727 million, and imports were up 1.57% at 4142.5273 million. And the corresponding trade deficit was 1113.5546 million and up 51.38%.

During the current year until 202012, COLOMBIA's total exports and imports of goods were 74517.6744 million and were down 19.13% comparing to the same period of last year. Among these, exports were 31029.2349 million and down 21.32%; imports were 43488.4395 million and down 17.48%. The total trade deficit was 12459.2046 million and down 6.07%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, BRAZIL, ECUADOR were COLOMBIA's top five trading partners. During the current year until 202012, COLOMBIA's imports and exports to five countries/territories were 19353.3963 million, 12995.2837 million, 4086.8447 million, 3709.4641 million, 2260.5975 million. These values correspond to 25.97%, 17.44%, 5.48%, 4.98%, 3.03% of COLOMBIA's imports and exports, and, respectively, were down 22.97%, down 15.10%, down 22.69%, down 20.05%, down 18.65% comparing to the same period of last year.

Current year until 202012, 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 202012, COLOMBIA's exports to these five countries/territories were 8813.6393 million, 2596.4518 million, 1717.7528 million, 1470.6959 million, 1273.9746 million. These values correspond to 28.40%, 8.37%, 5.54%, 4.74%, 4.11% of COLOMBIA's exports and, respectively, were down 25.61%, down 40.18%, down 39.08%, down 24.77%, down 13.08% comparing with the same period of last year.

Current year until 202012, 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 202012, COLOMBIA's imports from these five countries/territories were 10539.7570 million, 10398.8318 million, 2925.8266 million, 2435.4895 million, 1643.8907 million. These values correspond to 24.24%, 23.91%, 6.73%, 5.60%, 3.78% of COLOMBIA's total imports and, respectively, were down 20.62%, down 5.18%, down 24.58%, down 23.27%, down 24.34% comparing with the same period of last year.

During the current year until 202012, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, TURKEY, NETHERLANDS, PUERTO RICO at 1695.0735 million, 680.7942 million, 657.3865 million, 448.3649 million, 426.8393 million, and down 38.49%, down 39.79%, down 24.24%, down 52.72%, up 1039.00%. And the trade deficits were mainly from CHINA, MEXICO, UNITED STATES, BRAZIL, GERMANY at 7802.3800 million, 1764.8084 million, 1726.1178 million, 1161.5149 million, 1148.1448 million, and up 17.75%, down 28.64%, up 20.74%, down 32.01%, down 32.06%.

Current year until 202012, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 15111.8807 million, 5513.4078 million, 5489.7446 million, 3827.2301 million, 3401.4416 million, which were down 42.12%, down 13.96%, down 11.36%, down 31.22%, down 12.30% comparing with the same period of last year and account for 20.28%, 7.40%, 7.37%, 5.14%, 4.56% of COLOMBIA's total imports and exports.

During the current year until 202012, 27, 71, 09, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 12909.6393 million, 2994.9638 million, 2536.8439 million, 1431.3334 million, 1322.7431 million. These values correspond to 41.60%, 9.65%, 8.18%, 4.61%, 4.26% of COLOMBIA's total exports and, respectively, were down 40.18%, up 52.68%, up 6.75%, down 4.30%, down 10.13% comparing to the same period of last year.

During the current year until 202012, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 5155.5947 million, 4977.7195 million, 3471.1377 million, 2505.3609 million, 2202.2414 million. These values correspond to 11.86%, 11.45%, 7.98%, 5.76%, 5.06% of COLOMBIA's total exports and, respectively, were down 14.00%, down 12.95%, down 29.27%, down 5.76%, down 51.34% comparing to the same period of last year.

2. Current year until 202012, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202012, COLOMBIA-China binational exports and imports of goods amounted to 12995.2837 million and were down 15.10% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 2596.4518 million and down 40.18%, imports from China to COLOMBIA were 10398.8318 million and down 5.18%. The total binational trade deficit was 7802.3800 million and up 17.75%.

During the urrent year until 202012, 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 2833.8170 million, 2169.3533 million, 1908.1924 million, 550.6717 million, 534.9355 million and makes up 21.81%, 16.69%, 14.68%, 4.24%, 4.12% of the total binational imports and exports. These values were also down 9.06%, down 43.36%, up 2.39%, down 33.03%, up 24.83% comparing to the same period last year.

During the current year until 202012, 27, 72, 26, 09, 38 were the top five traded commodities exported to China from COLOMBIA, with export values of 2158.4204 million, 269.8096 million, 69.5467 million, 26.0467 million, 11.7036 million. These values account for 83.13%, 10.39%, 2.68%, 1.00%, 0.45% of COLOMBIA's total exports and were down 43.51%, down 32.35%, up 58.19%, up 41.92%, up 13.38% comparing to the same period of last year.

During the current year until 202012, 85, 84, 87, 63, 90 were COLOMBIA's top five traded commodities importing from China , with import values of 2833.2948 million, 1906.5242 million, 534.6750 million, 463.8872 million, 404.2844 million. These values account for 27.25%, 18.33%, 5.14%, 4.46%, 3.89% of COLOMBIA's total imports and were down 9.06%, up 2.33%, up 24.80%, up 924.64%, up 50.33% 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