1.  Overview the trade of COLOMBIA in goods current year until 202104

According to Dalian Infobank, in 202104, COLOMBIA's exports and imports of goods amounted to 7611.3182 million, and were up 54.05% comparing with the same period of last year. Among these, exports were up 58.07% at 2914.6550 million, and imports were up 51.66% at 4696.6631 million. And the corresponding trade deficit was 1782.0081 million and up 42.24%.

During the current year until 202104, COLOMBIA's total exports and imports of goods were 29138.2179 million and were up 13.55% comparing to the same period of last year. Among these, exports were 11780.5047 million and up 10.31%; imports were 17357.7132 million and up 15.85%. The total trade deficit was 5577.2085 million and up 29.61%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, GERMANY were COLOMBIA's top five trading partners. During the current year until 202104, COLOMBIA's imports and exports to five countries/territories were 7626.9697 million, 5315.9915 million, 1506.8266 million, 1413.3784 million, 815.0992 million. These values correspond to 26.18%, 18.24%, 5.17%, 4.85%, 2.80% of COLOMBIA's imports and exports, and, respectively, were up 7.71%, up 43.44%, up 23.32%, down 15.83%, up 11.34% comparing to the same period of last year.

Current year until 202104, COLOMBIA and the top five trade partners UNITED STATES, CHINA, PANAMA, BRAZIL, ECUADOR are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202104, COLOMBIA's exports to these five countries/territories were 3422.8957 million, 1070.3730 million, 639.2543 million, 613.4468 million, 544.6032 million. These values correspond to 29.06%, 9.09%, 5.43%, 5.21%, 4.62% of COLOMBIA's exports and, respectively, were up 18.86%, up 46.43%, down 18.80%, up 36.75%, up 5.71% comparing with the same period of last year.

Current year until 202104, COLOMBIA's exports to top five countries/territories CHINA, UNITED STATES, 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 202104, COLOMBIA's imports from these five countries/territories were 4245.6185 million, 4204.0740 million, 1100.7705 million, 893.3798 million, 593.5517 million. These values correspond to 24.46%, 24.22%, 6.34%, 5.15%, 3.42% of COLOMBIA's total imports and, respectively, were up 42.71%, up 0.06%, down 0.94%, up 15.53%, up 3.34% comparing with the same period of last year.

During the current year until 202104, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, TURKEY, NETHERLANDS, PUERTO RICO at 631.3246 million, 306.8253 million, 146.8105 million, 144.5409 million, 123.1236 million, and down 19.08%, up 15.02%, down 56.11%, down 6.53%, down 20.23%. And the trade deficits were mainly from CHINA, MEXICO, UNITED STATES, GERMANY, FRANCE at 3175.2454 million, 788.1626 million, 781.1784 million, 372.0042 million, 294.4378 million, and up 41.50%, up 45.06%, down 40.90%, down 10.72%, up 59.29%.

Current year until 202104, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202104,  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 5885.2566 million, 2075.7631 million, 2066.7318 million, 1522.0514 million, 1441.9968 million, which were down 7.58%, up 13.62%, up 23.07%, up 26.33%, up 3.56% comparing with the same period of last year and account for 20.20%, 7.12%, 7.09%, 5.22%, 4.95% of COLOMBIA's total imports and exports.

During the current year until 202104, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 4908.6618 million, 1045.0434 million, 1003.7856 million, 636.6341 million, 607.4007 million. These values correspond to 41.67%, 8.87%, 8.52%, 5.40%, 5.16% of COLOMBIA's total exports and, respectively, were down 5.47%, up 31.76%, up 57.76%, up 17.79%, up 35.14% comparing to the same period of last year.

During the current year until 202104, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 1942.2432 million, 1880.3242 million, 1352.8110 million, 992.5065 million, 976.5948 million. These values correspond to 11.19%, 10.83%, 7.79%, 5.72%, 5.63% of COLOMBIA's total exports and, respectively, were up 13.01%, up 21.86%, up 7.25%, up 19.53%, down 16.89% comparing to the same period of last year.

2. Current year until 202104, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202104, COLOMBIA-China binational exports and imports of goods amounted to 5315.9915 million and were up 43.44% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1070.3730 million and up 46.43%, imports from China to COLOMBIA were 4245.6185 million and up 42.71%. The total binational trade deficit was 3175.2454 million and up 41.50%.

During the urrent year until 202104, 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 1083.2298 million, 892.6764 million, 799.1388 million, 312.0275 million, 184.3914 million and makes up 20.38%, 16.79%, 15.03%, 5.87%, 3.47% of the total binational imports and exports. These values were also up 33.87%, up 44.18%, up 39.64%, up 94.14%, up 46.60% comparing to the same period last year.

During the current year until 202104, 27, 72, 26, 74, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 886.8749 million, 72.0310 million, 40.7962 million, 26.7594 million, 16.9000 million. These values account for 82.86%, 6.73%, 3.81%, 2.50%, 1.58% of COLOMBIA's total exports and were up 43.95%, up 2.01%, up 216.11%, up 2367.58%, up 203.64% comparing to the same period of last year.

During the current year until 202104, 85, 84, 72, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 1082.9845 million, 798.9201 million, 239.9965 million, 182.4432 million, 180.0993 million. These values account for 25.51%, 18.82%, 5.65%, 4.30%, 4.24% of COLOMBIA's total imports and were up 33.88%, up 39.66%, up 166.35%, up 46.44%, up 42.64% 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