1.  Overview the trade of COLOMBIA in goods current year until 202103

According to Dalian Infobank, in 202103, COLOMBIA's exports and imports of goods amounted to 8261.4128 million, and were up 38.13% comparing with the same period of last year. Among these, exports were up 39.01% at 3326.6292 million, and imports were up 37.55% at 4934.7836 million. And the corresponding trade deficit was 1608.1544 million and up 34.62%.

During the current year until 202103, COLOMBIA's total exports and imports of goods were 21526.8998 million and were up 3.89% comparing to the same period of last year. Among these, exports were 8865.8497 million and up 0.34%; imports were 12661.0501 million and up 6.52%. The total trade deficit was 3795.2004 million and up 24.42%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, INDIA were COLOMBIA's top five trading partners. During the current year until 202103, COLOMBIA's imports and exports to five countries/territories were 5739.5479 million, 4011.3856 million, 1119.4278 million, 1005.3705 million, 684.0224 million. These values correspond to 26.66%, 18.63%, 5.20%, 4.67%, 3.18% of COLOMBIA's imports and exports, and, respectively, were up 1.18%, up 30.69%, up 20.43%, down 25.95%, up 61.47% comparing to the same period of last year.

Current year until 202103, COLOMBIA and the top five trade partners UNITED STATES, CHINA, BRAZIL, PANAMA, INDIA are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202103, COLOMBIA's exports to these five countries/territories were 2547.8078 million, 914.3364 million, 480.3246 million, 467.4788 million, 403.6269 million. These values correspond to 28.74%, 10.31%, 5.42%, 5.27%, 4.55% of COLOMBIA's exports and, respectively, were up 5.31%, up 41.95%, up 45.18%, down 34.12%, up 176.48% comparing with the same period of last year.

Current year until 202103, 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 202103, COLOMBIA's imports from these five countries/territories were 3191.7400 million, 3097.0492 million, 786.5346 million, 639.1032 million, 413.7056 million. These values correspond to 25.21%, 24.46%, 6.21%, 5.05%, 3.27% of COLOMBIA's total imports and, respectively, were down 1.89%, up 27.70%, down 12.84%, up 6.75%, down 5.77% comparing with the same period of last year.

During the current year until 202103, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, NETHERLANDS, INDIA, DOMINICAN REPUBLIC at 461.7801 million, 206.1479 million, 130.5256 million, 123.2314 million, 94.6887 million, and down 34.37%, down 12.23%, down 1.83%, down 193.60%, up 68.18%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, FRANCE at 2182.7128 million, 643.9322 million, 567.6986 million, 250.7091 million, 249.2528 million, and up 22.54%, down 22.78%, up 26.98%, down 19.50%, up 64.78%.

Current year until 202103, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202103,  commodities with hs2 codes, 27, 84, 85, 39, 87, were COLOMBIA's top five traded commodities. They correspond to the import and export values of 4447.2406 million, 1541.1445 million, 1505.7468 million, 1079.4731 million, 1048.8021 million, which were down 18.02%, up 4.97%, up 8.80%, up 20.46%, down 15.69% comparing with the same period of last year and account for 20.66%, 7.16%, 6.99%, 5.01%, 4.87% of COLOMBIA's total imports and exports.

During the current year until 202103, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 3767.0708 million, 801.6800 million, 731.7814 million, 489.3269 million, 439.9443 million. These values correspond to 42.49%, 9.04%, 8.25%, 5.52%, 4.96% of COLOMBIA's total exports and, respectively, were down 16.50%, up 26.10%, up 43.21%, up 13.03%, up 32.13% comparing to the same period of last year.

During the current year until 202103, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 1442.4357 million, 1371.8220 million, 985.3557 million, 689.6736 million, 680.1699 million. These values correspond to 11.39%, 10.83%, 7.78%, 5.45%, 5.37% of COLOMBIA's total exports and, respectively, were up 4.95%, up 8.39%, down 13.48%, up 11.38%, down 25.54% comparing to the same period of last year.

2. Current year until 202103, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202103, COLOMBIA-China binational exports and imports of goods amounted to 4011.3856 million and were up 30.69% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 914.3364 million and up 41.95%, imports from China to COLOMBIA were 3097.0492 million and up 27.70%. The total binational trade deficit was 2182.7128 million and up 22.54%.

During the urrent year until 202103, commodities with hs2 code, 85, 27, 84, 72, 39, were binational trade's top five traded commodities. They correspond to import and export values of 789.3473 million, 767.2585 million, 566.2260 million, 233.1746 million, 130.8747 million and makes up 19.68%, 19.13%, 14.12%, 5.81%, 3.26% of the total binational imports and exports. These values were also up 15.63%, up 38.60%, up 24.24%, up 88.64%, up 39.31% comparing to the same period last year.

During the current year until 202103, 27, 72, 26, 74, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 763.0273 million, 63.1870 million, 37.6850 million, 19.2221 million, 12.0151 million. These values account for 83.45%, 6.91%, 4.12%, 2.10%, 1.31% of COLOMBIA's total exports and were up 38.33%, up 16.50%, up 211.35%, up 2528.01%, up 189.40% comparing to the same period of last year.

During the current year until 202103, 85, 84, 72, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 789.1391 million, 566.0660 million, 169.9876 million, 128.9653 million, 119.0313 million. These values account for 25.48%, 18.28%, 5.49%, 4.16%, 3.84% of COLOMBIA's total imports and were up 15.61%, up 24.25%, up 145.03%, up 38.78%, up 41.62% 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