1. Overview the trade of COLOMBIA in goods current year until 202105
According to Dalian Infobank, in 202105, COLOMBIA's exports and imports of goods amounted to 7469.2006 million, and were up 46.04% comparing with the same period of last year. Among these, exports were up 38.43% at 3097.0489 million, and imports were up 51.95% at 4372.1517 million. And the corresponding trade deficit was 1275.1028 million and up 99.24%.
During the current year until 202105, COLOMBIA's total exports and imports of goods were 36607.4185 million and were up 18.95% comparing to the same period of last year. Among these, exports were 14877.5536 million and up 15.18%; imports were 21729.8649 million and up 21.67%. The total trade deficit was 6852.3113 million and up 38.62%.
If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, GERMANY were COLOMBIA's top five trading partners. During the current year until 202105, COLOMBIA's imports and exports to five countries/territories were 9627.2154 million, 6704.6930 million, 1946.9936 million, 1755.9271 million, 1022.8684 million. These values correspond to 26.30%, 18.32%, 5.32%, 4.80%, 2.79% of COLOMBIA's imports and exports, and, respectively, were up 13.24%, up 44.12%, up 34.53%, down 6.25%, up 16.11% comparing to the same period of last year.
Current year until 202105, 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 202105, COLOMBIA's exports to these five countries/territories were 4388.9814 million, 1523.9930 million, 807.5012 million, 741.2625 million, 595.8150 million. These values correspond to 29.50%, 10.24%, 5.43%, 4.98%, 4.00% of COLOMBIA's exports and, respectively, were up 23.85%, up 51.68%, down 9.37%, up 38.48%, up 0.86% comparing with the same period of last year.
Current year until 202105, 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 202105, COLOMBIA's imports from these five countries/territories were 5238.2340 million, 5180.7000 million, 1367.9433 million, 1205.7311 million, 749.4941 million. These values correspond to 24.11%, 23.84%, 6.30%, 5.55%, 3.45% of COLOMBIA's total imports and, respectively, were up 5.66%, up 42.04%, up 11.07%, up 32.21%, up 8.56% comparing with the same period of last year.
During the current year until 202105, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, PUERTO RICO, NETHERLANDS, TURKEY at 797.3394 million, 319.1119 million, 196.8652 million, 194.8886 million, 141.9104 million, and down 9.70%, up 11.13%, up 2.20%, down 0.93%, down 62.76%. And the trade deficits were mainly from CHINA, MEXICO, UNITED STATES, GERMANY, BRAZIL at 3656.7069 million, 979.9595 million, 849.2526 million, 476.1198 million, 464.4686 million, and up 38.37%, up 66.04%, down 39.94%, down 4.74%, up 23.30%.
Current year until 202105, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202105, commodities with hs2 codes, 27, 85, 84, 39, 87, were COLOMBIA's top five traded commodities. They correspond to the import and export values of 7700.8707 million, 2522.0227 million, 2518.8745 million, 1905.0490 million, 1813.9734 million, which were up 3.40%, up 26.96%, up 15.59%, up 32.82%, up 20.32% comparing with the same period of last year and account for 21.04%, 6.89%, 6.88%, 5.20%, 4.96% of COLOMBIA's total imports and exports.
During the current year until 202105, 27, 71, 09, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 6458.5736 million, 1305.9824 million, 1169.3621 million, 854.0655 million, 748.3414 million. These values correspond to 43.41%, 8.78%, 7.86%, 5.74%, 5.03% of COLOMBIA's total exports and, respectively, were up 5.23%, up 51.55%, up 25.06%, up 24.32%, up 40.08% comparing to the same period of last year.
During the current year until 202105, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 2369.0919 million, 2312.5276 million, 1710.8706 million, 1340.4139 million, 1242.2972 million. These values correspond to 10.90%, 10.64%, 7.87%, 6.17%, 5.72% of COLOMBIA's total exports and, respectively, were up 15.19%, up 26.91%, up 24.70%, up 29.83%, down 5.18% comparing to the same period of last year.
2. Current year until 202105, COLOMBIA binational trade profile
According to Dalian Infobank, during the current year until 202105, COLOMBIA-China binational exports and imports of goods amounted to 6704.6930 million and were up 44.12% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1523.9930 million and up 51.68%, imports from China to COLOMBIA were 5180.7000 million and up 42.04%. The total binational trade deficit was 3656.7069 million and up 38.37%.
During the urrent year until 202105, 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 1321.2977 million, 1317.8084 million, 958.4373 million, 400.7785 million, 224.3140 million and makes up 19.71%, 19.66%, 14.30%, 5.98%, 3.35% of the total binational imports and exports. These values were also up 32.99%, up 52.61%, up 36.79%, up 92.48%, up 52.62% comparing to the same period last year.
During the current year until 202105, 27, 72, 26, 74, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 1310.9405 million, 79.6565 million, 44.6912 million, 35.4470 million, 18.6210 million. These values account for 86.02%, 5.23%, 2.93%, 2.33%, 1.22% of COLOMBIA's total exports and were up 52.39%, down 4.82%, up 85.12%, up 2805.78%, up 208.18% comparing to the same period of last year.
During the current year until 202105, 85, 84, 72, 29, 39 were COLOMBIA's top five traded commodities importing from China , with import values of 1320.9469 million, 958.1102 million, 321.1220 million, 222.1262 million, 221.3039 million. These values account for 25.50%, 18.49%, 6.20%, 4.29%, 4.27% of COLOMBIA's total imports and were up 33.01%, up 36.84%, up 157.87%, up 34.56%, up 51.90% 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