1. Overview the trade of COLOMBIA in goods current year until 202106
According to Dalian Infobank, in 202106, COLOMBIA's exports and imports of goods amounted to 7969.7169 million, and were up 53.95% comparing with the same period of last year. Among these, exports were up 33.74% at 3046.8625 million, and imports were up 69.83% at 4922.8544 million. And the corresponding trade deficit was 1875.9920 million and up 202.32%.
During the current year until 202106, COLOMBIA's total exports and imports of goods were 44577.1355 million and were up 23.99% comparing to the same period of last year. Among these, exports were 17924.4161 million and up 17.96%; imports were 26652.7194 million and up 28.39%. The total trade deficit was 8728.3033 million and up 56.88%.
If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, GERMANY were COLOMBIA's top five trading partners. During the current year until 202106, COLOMBIA's imports and exports to five countries/territories were 11602.6201 million, 8284.0584 million, 2440.0653 million, 2138.9145 million, 1261.4237 million. These values correspond to 26.03%, 18.58%, 5.47%, 4.80%, 2.83% of COLOMBIA's imports and exports, and, respectively, were up 18.36%, up 48.43%, up 46.38%, up 0.96%, up 19.50% comparing to the same period of last year.
Current year until 202106, 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 202106, COLOMBIA's exports to these five countries/territories were 5202.1714 million, 1934.5826 million, 940.2107 million, 920.5625 million, 719.6588 million. These values correspond to 29.02%, 10.79%, 5.25%, 5.14%, 4.01% of COLOMBIA's exports and, respectively, were up 22.17%, up 79.59%, down 5.43%, up 49.40%, up 7.42% comparing with the same period of last year.
Current year until 202106, 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 202106, COLOMBIA's imports from these five countries/territories were 6400.4487 million, 6349.4758 million, 1641.7321 million, 1519.5029 million, 932.9716 million. These values correspond to 24.01%, 23.82%, 6.16%, 5.70%, 3.50% of COLOMBIA's total imports and, respectively, were up 15.43%, up 40.98%, up 17.74%, up 44.61%, up 12.55% comparing with the same period of last year.
During the current year until 202106, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, PUERTO RICO, NETHERLANDS, HONG KONG at 927.9506 million, 385.9107 million, 250.5315 million, 232.1939 million, 187.6738 million, and down 5.80%, up 33.18%, up 14.34%, down 15.04%, up 926.74%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, GERMANY, BRAZIL at 4414.8933 million, 1198.2773 million, 1144.5496 million, 604.5194 million, 598.9404 million, and up 28.84%, down 6.86%, up 70.79%, up 0.37%, up 37.81%.
Current year until 202106, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202106, 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 9415.8570 million, 3038.8344 million, 3017.3422 million, 2340.1410 million, 2272.1936 million, which were up 11.72%, up 20.05%, up 24.26%, up 43.11%, up 35.04% comparing with the same period of last year and account for 21.12%, 6.82%, 6.77%, 5.25%, 5.10% of COLOMBIA's total imports and exports.
During the current year until 202106, 27, 71, 09, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 7882.0172 million, 1592.2719 million, 1285.0175 million, 979.9626 million, 913.4974 million. These values correspond to 43.97%, 8.88%, 7.17%, 5.47%, 5.10% of COLOMBIA's total exports and, respectively, were up 11.84%, up 43.53%, up 13.74%, up 24.37%, up 49.03% comparing to the same period of last year.
During the current year until 202106, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 2856.9093 million, 2769.8629 million, 2151.0576 million, 1749.5448 million, 1533.8398 million. These values correspond to 10.72%, 10.39%, 8.07%, 6.56%, 5.75% of COLOMBIA's total exports and, respectively, were up 19.66%, up 24.64%, up 41.20%, up 41.49%, up 11.10% comparing to the same period of last year.
2. Current year until 202106, COLOMBIA binational trade profile
According to Dalian Infobank, during the current year until 202106, COLOMBIA-China binational exports and imports of goods amounted to 8284.0584 million and were up 48.43% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1934.5826 million and up 79.59%, imports from China to COLOMBIA were 6349.4758 million and up 40.98%. The total binational trade deficit was 4414.8933 million and up 28.84%.
During the urrent year until 202106, commodities with hs2 code, 27, 85, 84, 72, 39, were binational trade's top five traded commodities. They correspond to import and export values of 1687.6199 million, 1611.3674 million, 1156.1244 million, 504.7503 million, 267.6139 million and makes up 20.37%, 19.45%, 13.96%, 6.09%, 3.23% of the total binational imports and exports. These values were also up 84.46%, up 29.36%, up 39.71%, up 106.70%, up 60.66% comparing to the same period last year.
During the current year until 202106, 27, 72, 26, 74, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 1680.3170 million, 89.8636 million, 58.1951 million, 44.8681 million, 21.0152 million. These values account for 86.86%, 4.65%, 3.01%, 2.32%, 1.09% of COLOMBIA's total exports and were up 84.51%, down 8.43%, up 127.85%, up 2802.61%, up 172.99% comparing to the same period of last year.
During the current year until 202106, 85, 84, 72, 29, 39 were COLOMBIA's top five traded commodities importing from China , with import values of 1610.6270 million, 1155.7751 million, 414.8867 million, 266.1222 million, 264.3601 million. These values account for 25.37%, 18.20%, 6.53%, 4.19%, 4.16% of COLOMBIA's total imports and were up 29.34%, up 39.74%, up 184.04%, up 33.03%, up 60.70% 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