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Monitor Report of COLOMBIA trade and COLOMBIA-China binational trade in 202109

 1.  Overview the trade of COLOMBIA in goods current year until 202109

According to Dalian Infobank, in 202109COLOMBIA's exports and imports of goods amounted to 9305.8071 million, and were up 54.91% comparing with the same period of last year. Among these, exports were up 41.12% at 3572.5234 million, and imports were up 64.95% at 5733.2838 million. And the corresponding trade deficit was 2160.7604 million and up 128.82%.

During the current year until 202109, COLOMBIA's total exports and imports of goods were 70603.3243 million and were up 30.03% comparing to the same period of last year. Among these, exports were 28067.4220 million and up 22.86%; imports were 42535.9022 million and up 35.24%. The total trade deficit was 14468.4802 million and up 68.11%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, GERMANY were COLOMBIA's top five trading partners. During the current year until 202109, COLOMBIA's imports and exports to five countries/territories were 17409.3876 million, 13083.7304 million, 3890.0517 million, 3531.4020 million, 1958.8540 million. These values correspond to 24.66%, 18.53%, 5.51%, 5.00%, 2.77% of COLOMBIA's imports and exports, and, respectively, were up 20.49%, up 41.34%, up 53.14%, up 16.44%, up 25.13% comparing to the same period of last year.

Current year until 202109, COLOMBIA and the top five trade partners UNITED STATES, CHINA, BRAZIL, ECUADOR, PANAMA are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202109, COLOMBIA's exports to these five countries/territories were 7891.4766 million, 2873.2788 million, 1415.0370 million, 1289.9040 million, 1189.8053 million. These values correspond to 28.12%, 10.24%, 5.04%, 4.60%, 4.24% of COLOMBIA's exports and, respectively, were up 21.79%, up 63.58%, up 55.96%, up 24.04%, down 11.19% comparing with the same period of last year.

Current year until 202109, 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 202109, COLOMBIA's imports from these five countries/territories were 10210.4516 million, 9517.9110 million, 2677.9829 million, 2475.0147 million, 1443.9613 million. These values correspond to 24.00%, 22.38%, 6.30%, 5.82%, 3.39% of COLOMBIA's total imports and, respectively, were up 36.13%, up 19.44%, up 28.25%, up 51.58%, up 19.09% comparing with the same period of last year.

During the current year until 202109, the trade surplus of COLOMBIA was mainly from PANAMA, ECUADOR, TURKEY, PUERTO RICO, NETHERLANDS at 1167.3640 million, 700.7411 million, 494.7651 million, 409.4864 million, 320.6092 million, and down 11.98%, up 57.18%, down 16.73%, up 14.45%, down 17.09%. And the trade deficits were mainly from CHINA, MEXICO, UNITED STATES, BRAZIL, GERMANY at 7337.1728 million, 1824.5638 million, 1626.4344 million, 1059.9777 million, 929.0685 million, and up 27.74%, up 59.57%, up 9.19%, up 46.10%, up 8.08%.

Current year until 202109, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202109,  commodities with hs2 codes, 27, 85, 84, 87, 39, were COLOMBIA's top five traded commodities. They correspond to the import and export values of 14541.1939 million, 4912.1326 million, 4813.1885 million, 3672.8964 million, 3659.0652 million, which were up 23.04%, up 25.69%, up 23.17%, up 39.13%, up 48.98% comparing with the same period of last year and account for 20.60%, 6.96%, 6.82%, 5.20%, 5.18% of COLOMBIA's total imports and exports.

During the current year until 202109, 27, 71, 09, 39, 06 were COLOMBIA's top five traded commodities, with total import and export values of 12106.4666 million, 2419.0028 million, 2184.6321 million, 1425.4248 million, 1298.8253 million. These values correspond to 43.13%, 8.62%, 7.78%, 5.08%, 4.63% of COLOMBIA's total exports and, respectively, were up 21.20%, up 21.78%, up 20.09%, up 48.59%, up 18.36% comparing to the same period of last year.

During the current year until 202109, 84, 85, 87, 30, 27 were COLOMBIA's top five traded commodities, with total import values of 4502.1311 million, 4501.5869 million, 3437.0974 million, 2713.1768 million, 2434.7273 million. These values correspond to 10.58%, 10.58%, 8.08%, 6.38%, 5.72% of COLOMBIA's total exports and, respectively, were up 22.70%, up 26.47%, up 43.99%, up 43.32%, up 33.11% comparing to the same period of last year.


2. Current year until 202109, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202109, COLOMBIA-China binational exports and imports of goods amounted to 13083.7304 million and were up 41.34% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 2873.2788 million and up 63.58%, imports from China to COLOMBIA were 10210.4516 million and up 36.13%. The total binational trade deficit was 7337.1728 million and up 27.74%.

During the urrent year until 202109, 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 2579.2813 million, 2426.6410 million, 1828.0302 million, 815.8105 million, 449.3136 million and makes up 19.71%, 18.55%, 13.97%, 6.24%, 3.43% of the total binational imports and exports. These values were also up 26.99%, up 63.50%, up 36.47%, up 120.84%, up 45.71% comparing to the same period last year.

During the current year until 202109, 27, 72, 26, 74, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 2416.3374 million, 170.6618 million, 81.0249 million, 79.2795 million, 40.8660 million. These values account for 84.10%, 5.94%, 2.82%, 2.76%, 1.42% of COLOMBIA's total exports and were up 63.74%, up 3.01%, up 65.92%, up 2919.64%, up 189.33% comparing to the same period of last year.

During the current year until 202109, 85, 84, 72, 29, 87 were COLOMBIA's top five traded commodities importing from China , with import values of 2577.9471 million, 1827.4436 million, 645.1487 million, 448.7959 million, 426.8054 million. These values account for 25.25%, 17.90%, 6.32%, 4.40%, 4.18% of COLOMBIA's total imports and were up 26.95%, up 36.49%, up 216.66%, up 45.85%, up 14.92% 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