1.  Overview the trade of COLOMBIA in goods current year until 202101

According to Dalian Infobank, in 202101, COLOMBIA's exports and imports of goods amounted to 6416.5704 million, and were down 17.24% comparing with the same period of last year. Among these, exports were down 24.22% at 2594.5450 million, and imports were down 11.72% at 3822.0255 million. And the corresponding trade deficit was 1227.4805 million and up 35.49%.

During the current year until 202101, COLOMBIA's total exports and imports of goods were 6416.5704 million and were down 17.24% comparing to the same period of last year. Among these, exports were 2594.5450 million and down 24.22%; imports were 3822.0255 million and down 11.72%. The total trade deficit was 1227.4805 million and up 35.49%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, INDIA, MEXICO were COLOMBIA's top five trading partners. During the current year until 202101, COLOMBIA's imports and exports to five countries/territories were 1728.3345 million, 1097.9924 million, 340.1280 million, 278.7162 million, 263.7636 million. These values correspond to 26.94%, 17.11%, 5.30%, 4.34%, 4.11% of COLOMBIA's imports and exports, and, respectively, were down 15.89%, down 11.63%, down 2.62%, up 105.22%, down 41.35% comparing to the same period of last year.

Current year until 202101, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, INDIA, CHINA, BRAZIL are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202101, COLOMBIA's exports to these five countries/territories were 706.5713 million, 255.9756 million, 204.4650 million, 154.5486 million, 153.1806 million. These values correspond to 27.23%, 9.87%, 7.88%, 5.96%, 5.90% of COLOMBIA's exports and, respectively, were down 18.17%, down 39.97%, up 433.77%, down 28.80%, up 4.22% comparing with the same period of last year.

Current year until 202101, 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 202101, COLOMBIA's imports from these five countries/territories were 1021.7632 million, 943.4439 million, 217.9409 million, 186.9474 million, 135.8194 million. These values correspond to 26.73%, 24.68%, 5.70%, 4.89%, 3.55% of COLOMBIA's total imports and, respectively, were down 14.24%, down 7.99%, down 23.63%, down 7.60%, down 9.55% comparing with the same period of last year.

During the current year until 202101, the trade surplus of COLOMBIA was mainly from PANAMA, INDIA, ECUADOR, HONG KONG, CANADA at 255.0902 million, 130.2139 million, 41.5047 million, 29.9504 million, 28.7935 million, and down 39.74%, down 319.95%, down 47.14%, up 1028.44%, down 228.02%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, VIETNAM at 788.8953 million, 315.1920 million, 172.1181 million, 77.4589 million, 65.9459 million, and down 2.41%, down 3.89%, up 42.18%, down 19.57%, up 29.95%.

Current year until 202101, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202101,  commodities with hs2 codes, 27, 84, 85, 39, 09, were COLOMBIA's top five traded commodities. They correspond to the import and export values of 1415.3674 million, 510.4081 million, 476.3892 million, 322.0204 million, 277.6804 million, which were down 39.37%, down 10.94%, down 4.69%, up 4.85%, up 7.99% comparing with the same period of last year and account for 22.06%, 7.95%, 7.42%, 5.02%, 4.33% of COLOMBIA's total imports and exports.

During the current year until 202101, 27, 09, 71, 39, 06 were COLOMBIA's top five traded commodities, with total import and export values of 1166.5551 million, 255.4552 million, 191.0996 million, 130.7705 million, 130.2524 million. These values correspond to 44.96%, 9.85%, 7.37%, 5.04%, 5.02% of COLOMBIA's total exports and, respectively, were down 43.04%, up 2.25%, up 64.01%, up 30.00%, up 32.77% comparing to the same period of last year.

During the current year until 202101, 84, 85, 87, 27, 29 were COLOMBIA's top five traded commodities, with total import values of 482.2672 million, 440.8350 million, 255.8587 million, 248.8122 million, 193.8611 million. These values correspond to 12.62%, 11.53%, 6.69%, 6.51%, 5.07% of COLOMBIA's total exports and, respectively, were down 11.45%, down 5.22%, down 29.95%, down 13.19%, up 6.68% comparing to the same period of last year.

2. Current year until 202101, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202101, COLOMBIA-China binational exports and imports of goods amounted to 1097.9924 million and were down 11.63% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 154.5486 million and down 28.80%, imports from China to COLOMBIA were 943.4439 million and down 7.99%. The total binational trade deficit was 788.8953 million and down 2.41%.

During the urrent year until 202101, commodities with hs2 code, 85, 84, 27, 72, 39, were binational trade's top five traded commodities. They correspond to import and export values of 269.4491 million, 169.6760 million, 117.3802 million, 79.5147 million, 40.6569 million and makes up 24.54%, 15.45%, 10.69%, 7.24%, 3.70% of the total binational imports and exports. These values were also down 5.36%, down 18.46%, down 30.16%, up 32.04%, down 4.57% comparing to the same period last year.

During the current year until 202101, 27, 72, 74, 09, 38 were the top five traded commodities exported to China from COLOMBIA, with export values of 116.3483 million, 23.2125 million, 5.1208 million, 2.5532 million, 1.7397 million. These values account for 75.28%, 15.02%, 3.31%, 1.65%, 1.13% of COLOMBIA's total exports and were down 30.51%, down 22.28%, up 3609.11%, up 61.07%, up 26.87% comparing to the same period of last year.

During the current year until 202101, 85, 84, 72, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 269.3531 million, 169.5941 million, 56.3021 million, 39.6793 million, 38.3425 million. These values account for 28.55%, 17.98%, 5.97%, 4.21%, 4.06% of COLOMBIA's total imports and were down 5.40%, down 18.43%, up 85.50%, down 6.57%, down 3.52% 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