1.  Overview the trade of COLOMBIA in goods current year until 202108

According to Dalian Infobank, in 202108, COLOMBIA's exports and imports of goods amounted to 8666.5215 million, and were up 41.12% comparing with the same period of last year. Among these, exports were up 29.11% at 3318.0565 million, and imports were up 49.76% at 5348.4650 million. And the corresponding trade deficit was 2030.4085 million and up 102.78%.

During the current year until 202108, COLOMBIA's total exports and imports of goods were 61297.5171 million and were up 26.94% comparing to the same period of last year. Among these, exports were 24494.8987 million and up 20.58%; imports were 36802.6185 million and up 31.55%. The total trade deficit was 12307.7198 million and up 60.63%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, GERMANY were COLOMBIA's top five trading partners. During the current year until 202108, COLOMBIA's imports and exports to five countries/territories were 15396.6997 million, 11351.4863 million, 3281.3604 million, 3008.8448 million, 1770.9889 million. These values correspond to 25.12%, 18.52%, 5.35%, 4.91%, 2.89% of COLOMBIA's imports and exports, and, respectively, were up 19.75%, up 37.34%, up 48.49%, up 10.55%, up 25.74% comparing to the same period of last year.

Current year until 202108, 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 202108, COLOMBIA's exports to these five countries/territories were 7030.8054 million, 2584.4676 million, 1214.0080 million, 1123.0842 million, 1081.2939 million. These values correspond to 28.70%, 10.55%, 4.96%, 4.58%, 4.41% of COLOMBIA's exports and, respectively, were up 22.72%, up 59.97%, up 54.55%, down 10.45%, up 20.71% comparing with the same period of last year.

Current year until 202108, 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 202108, COLOMBIA's imports from these five countries/territories were 8767.0187 million, 8365.8943 million, 2284.7542 million, 2067.3524 million, 1300.0067 million. These values correspond to 23.82%, 22.73%, 6.21%, 5.62%, 3.53% of COLOMBIA's total imports and, respectively, were up 31.84%, up 17.36%, up 23.40%, up 45.14%, up 19.58% comparing with the same period of last year.

During the current year until 202108, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, TURKEY, PUERTO RICO, NETHERLANDS at 1104.8578 million, 573.7011 million, 360.8291 million, 324.7490 million, 283.9500 million, and down 11.07%, up 57.58%, down 33.12%, up 4.03%, down 19.79%. And the trade deficits were mainly from CHINA, MEXICO, UNITED STATES, BRAZIL, GERMANY at 6182.5512 million, 1560.6637 million, 1335.0888 million, 853.3443 million, 829.0245 million, and up 22.81%, up 59.05%, down 4.61%, up 33.58%, up 8.24%.

Current year until 202108, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202108,  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 12533.8161 million, 4248.6744 million, 4170.6770 million, 3214.5065 million, 3142.5231 million, which were up 16.76%, up 23.65%, up 19.96%, up 48.74%, up 36.43% comparing with the same period of last year and account for 20.45%, 6.93%, 6.80%, 5.24%, 5.13% of COLOMBIA's total imports and exports.

During the current year until 202108, 27, 71, 09, 39, 06 were COLOMBIA's top five traded commodities, with total import and export values of 10472.0558 million, 2131.3437 million, 1916.3156 million, 1265.2521 million, 1201.3188 million. These values correspond to 42.75%, 8.70%, 7.82%, 5.17%, 4.90% of COLOMBIA's total exports and, respectively, were up 15.45%, up 26.28%, up 19.68%, up 51.98%, up 21.54% comparing to the same period of last year.

During the current year until 202108, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 3902.7375 million, 3893.4755 million, 2936.3036 million, 2375.2926 million, 2061.7603 million. These values correspond to 10.60%, 10.58%, 7.98%, 6.45%, 5.60% of COLOMBIA's total exports and, respectively, were up 19.08%, up 23.73%, up 40.99%, up 40.52%, up 23.89% comparing to the same period of last year.

2. Current year until 202108, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202108, COLOMBIA-China binational exports and imports of goods amounted to 11351.4863 million and were up 37.34% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 2584.4676 million and up 59.97%, imports from China to COLOMBIA were 8767.0187 million and up 31.84%. The total binational trade deficit was 6182.5512 million and up 22.81%.

During the urrent year until 202108, commodities with hs2 code, 85, 27, 84, 72, 29, were binational trade's top five traded commodities. They correspond to import and export values of 2232.4429 million, 2210.2918 million, 1599.6540 million, 678.9196 million, 373.9792 million and makes up 19.67%, 19.47%, 14.09%, 5.98%, 3.29% of the total binational imports and exports. These values were also up 24.39%, up 60.88%, up 35.28%, up 105.73%, up 34.43% comparing to the same period last year.

During the current year until 202108, 27, 72, 26, 74, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 2201.2583 million, 127.5791 million, 80.8613 million, 67.9725 million, 34.9022 million. These values account for 85.17%, 4.94%, 3.13%, 2.63%, 1.35% of COLOMBIA's total exports and were up 61.12%, down 9.86%, up 69.98%, up 2608.19%, up 201.11% comparing to the same period of last year.

During the current year until 202108, 85, 84, 72, 29, 39 were COLOMBIA's top five traded commodities importing from China , with import values of 2231.1088 million, 1599.0674 million, 551.3405 million, 373.5619 million, 356.2434 million. These values account for 25.45%, 18.24%, 6.29%, 4.26%, 4.06% of COLOMBIA's total imports and were up 24.35%, up 35.28%, up 192.55%, up 34.53%, up 63.31% 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