1.  Overview the trade of COLOMBIA in goods current year until 202204

According to Dalian Infobank, in 202204, COLOMBIA's exports and imports of goods amounted to 11814.7119 million, and were up 55.23% comparing with the same period of last year. Among these, exports were up 86.01% at 5421.6073 million, and imports were up 36.12% at 6393.1045 million. And the corresponding trade deficit was 971.4972 million and down 45.48%.

During the current year until 202204, COLOMBIA's total exports and imports of goods were 43719.0247 million and were up 50.04% comparing to the same period of last year. Among these, exports were 18385.2753 million and up 56.07%; imports were 25333.7494 million and up 45.95%. The total trade deficit was 6948.4741 million and up 24.59%.

If considering by country (region), UNITED STATES, CHINA, PANAMA, BRAZIL, MEXICO were COLOMBIA's top five trading partners. During the current year until 202204, COLOMBIA's imports and exports to five countries/territories were 10835.0437 million, 7360.5720 million, 2269.2065 million, 2230.5860 million, 1825.7236 million. These values correspond to 24.78%, 16.84%, 5.19%, 5.10%, 4.18% of COLOMBIA's imports and exports, and, respectively, were up 42.06%, up 38.46%, up 250.63%, up 48.03%, up 29.17% comparing to the same period of last year.

Current year until 202204, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, INDIA, CHINA, BRAZIL are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202204, COLOMBIA's exports to these five countries/territories were 4521.9361 million, 2256.9608 million, 1101.7847 million, 956.7004 million, 799.2418 million. These values correspond to 24.60%, 12.28%, 5.99%, 5.20%, 4.35% of COLOMBIA's exports and, respectively, were up 32.11%, up 253.06%, up 165.18%, down 10.62%, up 30.29% comparing with the same period of last year.

Current year until 202204, COLOMBIA's exports to top five countries/territories CHINA, UNITED STATES, BRAZIL, MEXICO, FRANCE are the top five countries/territories that COLOMBIA imports from in terms of the total export amount. During the current year until 202204, COLOMBIA's imports from these five countries/territories were 6403.8716 million, 6313.1076 million, 1431.3442 million, 1292.7013 million, 947.0059 million. These values correspond to 25.28%, 24.92%, 5.65%, 5.10%, 3.74% of COLOMBIA's total imports and, respectively, were up 50.83%, up 50.17%, up 60.22%, up 17.44%, up 179.26% comparing with the same period of last year.

During the current year until 202204, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, INDIA, NETHERLANDS, ECUADOR at 2244.7152 million, 604.5691 million, 561.7325 million, 445.5271 million, 308.3990 million, and up 255.56%, up 311.80%, up 1510.36%, up 208.24%, up 0.51%. And the trade deficits were mainly from CHINA, UNITED STATES, FRANCE, MEXICO, BRAZIL at 5447.1713 million, 1791.1716 million, 852.6052 million, 759.6789 million, 632.1025 million, and up 71.55%, up 129.29%, up 189.57%, down 3.61%, up 125.80%.

Current year until 202204, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202204,  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 12194.0907 million, 2781.8877 million, 2644.9817 million, 2049.7536 million, 1908.7225 million, which were up 107.20%, up 34.60%, up 27.42%, up 34.67%, up 32.37% comparing with the same period of last year and account for 27.89%, 6.36%, 6.05%, 4.69%, 4.37% of COLOMBIA's total imports and exports.

During the current year until 202204, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 9895.4171 million, 1455.8548 million, 966.2802 million, 813.7750 million, 686.9323 million. These values correspond to 53.82%, 7.92%, 5.26%, 4.43%, 3.74% of COLOMBIA's total exports and, respectively, were up 101.59%, up 39.31%, down 3.74%, up 27.82%, up 13.09% comparing to the same period of last year.

During the current year until 202204, 85, 84, 27, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 2581.8116 million, 2502.8610 million, 2298.6736 million, 1791.3463 million, 1362.8214 million. These values correspond to 10.19%, 9.88%, 9.07%, 7.07%, 5.38% of COLOMBIA's total exports and, respectively, were up 37.31%, up 28.86%, up 135.38%, up 32.42%, up 49.00% comparing to the same period of last year.

2. Current year until 202204, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202204, COLOMBIA-China binational exports and imports of goods amounted to 7360.5720 million and were up 38.46% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 956.7004 million and down 10.62%, imports from China to COLOMBIA were 6403.8716 million and up 50.83%. The total binational trade deficit was 5447.1713 million and up 71.55%.

During the urrent year until 202204, commodities with hs2 code, 85, 84, 27, 72, 87, were binational trade's top five traded commodities. They correspond to import and export values of 1615.5995 million, 1134.7359 million, 628.5020 million, 426.5729 million, 394.2694 million and makes up 21.95%, 15.42%, 8.54%, 5.80%, 5.36% of the total binational imports and exports. These values were also up 49.15%, up 41.99%, down 29.59%, up 36.71%, up 156.01% comparing to the same period last year.

During the current year until 202204, 27, 72, 74, 71, 26 were the top five traded commodities exported to China from COLOMBIA, with export values of 613.4269 million, 152.2042 million, 79.6756 million, 37.2958 million, 23.2442 million. These values account for 64.12%, 15.91%, 8.33%, 3.90%, 2.43% of COLOMBIA's total exports and were down 30.83%, up 111.30%, up 197.75%, up 22072.68%, down 43.02% comparing to the same period of last year.

During the current year until 202204, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 1615.4158 million, 1134.6056 million, 394.2634 million, 347.3343 million, 319.4970 million. These values account for 25.23%, 17.72%, 6.16%, 5.42%, 4.99% of COLOMBIA's total imports and were up 49.16%, up 42.02%, up 156.01%, up 90.38%, up 77.40% 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