1.  Overview the trade of COLOMBIA in goods current year until 202107

According to Dalian Infobank, in 202107, COLOMBIA's exports and imports of goods amounted to 8053.8602 million, and were up 30.00% comparing with the same period of last year. Among these, exports were up 27.60% at 3252.4261 million, and imports were up 31.69% at 4801.4341 million. And the corresponding trade deficit was 1549.0080 million and up 41.18%.

During the current year until 202107, COLOMBIA's total exports and imports of goods were 52630.9957 million and were up 24.87% comparing to the same period of last year. Among these, exports were 21176.8422 million and up 19.35%; imports were 31454.1535 million and up 28.89%. The total trade deficit was 10277.3113 million and up 54.29%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, GERMANY were COLOMBIA's top five trading partners. During the current year until 202107, COLOMBIA's imports and exports to five countries/territories were 13470.3860 million, 9792.2240 million, 2827.8976 million, 2548.2403 million, 1518.0088 million. These values correspond to 25.59%, 18.61%, 5.37%, 4.84%, 2.88% of COLOMBIA's imports and exports, and, respectively, were up 19.43%, up 40.02%, up 47.22%, up 5.26%, up 23.00% comparing to the same period of last year.

Current year until 202107, COLOMBIA and the top five trade partners UNITED STATES, CHINA, BRAZIL, PANAMA, ECUADOR are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202107, COLOMBIA's exports to these five countries/territories were 6132.3336 million, 2270.1065 million, 1073.0939 million, 1012.4343 million, 921.7467 million. These values correspond to 28.96%, 10.72%, 5.07%, 4.78%, 4.35% of COLOMBIA's exports and, respectively, were up 23.16%, up 67.69%, up 55.17%, down 6.73%, up 15.77% comparing with the same period of last year.

Current year until 202107, 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 202107, COLOMBIA's imports from these five countries/territories were 7522.1174 million, 7338.0524 million, 1937.6500 million, 1754.8037 million, 1110.4225 million. These values correspond to 23.91%, 23.33%, 6.16%, 5.58%, 3.53% of COLOMBIA's total imports and, respectively, were up 33.38%, up 16.47%, up 19.95%, up 42.75%, up 16.51% comparing with the same period of last year.

During the current year until 202107, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, PUERTO RICO, NETHERLANDS, TURKEY at 996.7390 million, 501.3479 million, 295.7160 million, 271.8523 million, 228.6504 million, and down 7.29%, up 53.24%, up 11.89%, down 11.73%, down 52.05%. And the trade deficits were mainly from CHINA, MEXICO, UNITED STATES, GERMANY, BRAZIL at 5252.0109 million, 1327.0596 million, 1205.7188 million, 702.8362 million, 681.7097 million, and up 22.55%, up 63.89%, down 8.75%, up 4.58%, up 26.77%.

Current year until 202107, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202107,  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 10820.2595 million, 3632.3082 million, 3587.2949 million, 2770.6214 million, 2656.8068 million, which were up 13.89%, up 22.39%, up 19.63%, up 45.65%, up 37.58% comparing with the same period of last year and account for 20.56%, 6.90%, 6.82%, 5.26%, 5.05% of COLOMBIA's total imports and exports.

During the current year until 202107, 27, 71, 09, 39, 06 were COLOMBIA's top five traded commodities, with total import and export values of 9106.0494 million, 1905.5477 million, 1594.1405 million, 1088.6188 million, 1086.7325 million. These values correspond to 43.00%, 9.00%, 7.53%, 5.14%, 5.13% of COLOMBIA's total exports and, respectively, were up 14.09%, up 36.06%, up 13.86%, up 49.96%, up 21.39% comparing to the same period of last year.

During the current year until 202107, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 3359.5634 million, 3330.7915 million, 2497.6348 million, 2078.3950 million, 1714.2100 million. These values correspond to 10.68%, 10.59%, 7.94%, 6.61%, 5.45% of COLOMBIA's total exports and, respectively, were up 18.70%, up 22.35%, up 43.94%, up 40.74%, up 12.84% comparing to the same period of last year.

2. Current year until 202107, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202107, COLOMBIA-China binational exports and imports of goods amounted to 9792.2240 million and were up 40.02% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 2270.1065 million and up 67.69%, imports from China to COLOMBIA were 7522.1174 million and up 33.38%. The total binational trade deficit was 5252.0109 million and up 22.55%.

During the urrent year until 202107, 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 1961.7705 million, 1924.9173 million, 1362.2229 million, 592.1157 million, 315.2792 million and makes up 20.03%, 19.66%, 13.91%, 6.05%, 3.22% of the total binational imports and exports. These values were also up 71.21%, up 23.76%, up 34.91%, up 113.54%, up 59.62% comparing to the same period last year.

During the current year until 202107, 27, 72, 26, 74, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 1953.1016 million, 105.4315 million, 75.1295 million, 59.7325 million, 27.7607 million. These values account for 86.04%, 4.64%, 3.31%, 2.63%, 1.22% of COLOMBIA's total exports and were up 71.41%, down 7.34%, up 62.25%, up 2624.95%, up 201.42% comparing to the same period of last year.

During the current year until 202107, 85, 84, 72, 29, 39 were COLOMBIA's top five traded commodities importing from China , with import values of 1924.1769 million, 1361.7585 million, 486.6842 million, 312.7545 million, 311.5078 million. These values account for 25.58%, 18.10%, 6.47%, 4.16%, 4.14% of COLOMBIA's total imports and were up 23.74%, up 34.93%, up 197.66%, up 30.35%, up 63.48% 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