1.  Overview the trade of COLOMBIA in goods current year until 202206

According to Dalian Infobank, in 202206, COLOMBIA's exports and imports of goods amounted to 11915.0852 million, and were up 49.50% comparing with the same period of last year. Among these, exports were up 82.06% at 5547.1318 million, and imports were up 29.35% at 6367.9535 million. And the corresponding trade deficit was 820.8217 million and down 56.25%.

During the current year until 202206, COLOMBIA's total exports and imports of goods were 67143.9284 million and were up 50.62% comparing to the same period of last year. Among these, exports were 28637.6745 million and up 59.77%; imports were 38506.2539 million and up 44.47%. The total trade deficit was 9868.5793 million and up 13.06%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, PANAMA, MEXICO were COLOMBIA's top five trading partners. During the current year until 202206, COLOMBIA's imports and exports to five countries/territories were 17280.0298 million, 10414.6874 million, 3414.7929 million, 3254.6093 million, 2776.9278 million. These values correspond to 25.74%, 15.51%, 5.09%, 4.85%, 4.14% of COLOMBIA's imports and exports, and, respectively, were up 48.93%, up 25.72%, up 39.95%, up 241.70%, up 29.83% comparing to the same period of last year.

Current year until 202206, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, INDIA, NETHERLANDS, TURKEY are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202206, COLOMBIA's exports to these five countries/territories were 7314.0311 million, 3231.8540 million, 1542.3762 million, 1292.3660 million, 1206.1910 million. These values correspond to 25.54%, 11.29%, 5.39%, 4.51%, 4.21% of COLOMBIA's exports and, respectively, were up 40.60%, up 243.74%, up 208.13%, up 194.68%, up 223.04% comparing with the same period of last year.

Current year until 202206, COLOMBIA's exports to top five countries/territories UNITED STATES, CHINA, 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 202206, COLOMBIA's imports from these five countries/territories were 9965.9987 million, 9258.6450 million, 2275.1246 million, 1984.8475 million, 1277.8984 million. These values correspond to 25.88%, 24.04%, 5.91%, 5.15%, 3.32% of COLOMBIA's total imports and, respectively, were up 55.71%, up 45.82%, up 49.73%, up 20.90%, up 129.13% comparing with the same period of last year.

During the current year until 202206, the trade surplus of COLOMBIA was mainly from PANAMA, NETHERLANDS, TURKEY, INDIA, ECUADOR at 3209.0986 million, 1064.7354 million, 990.3118 million, 669.2885 million, 460.0128 million, and up 245.83%, up 358.55%, up 457.23%, down 835.05%, up 19.20%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, FRANCE, BRAZIL at 8102.6026 million, 2651.9675 million, 1192.7672 million, 1153.5072 million, 1135.4564 million, and up 83.53%, up 121.32%, up 4.21%, up 133.34%, up 89.58%.

Current year until 202206, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202206,  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 19335.0650 million, 4253.7383 million, 3954.1153 million, 3076.3799 million, 2945.4287 million, which were up 105.35%, up 40.98%, up 30.12%, up 31.46%, up 29.63% comparing with the same period of last year and account for 28.80%, 6.34%, 5.89%, 4.58%, 4.39% of COLOMBIA's total imports and exports.

During the current year until 202206, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 15606.5979 million, 2100.4883 million, 1442.5788 million, 1242.0317 million, 1015.4353 million. These values correspond to 54.50%, 7.33%, 5.04%, 4.34%, 3.55% of COLOMBIA's total exports and, respectively, were up 98.00%, up 63.46%, down 9.40%, up 26.74%, up 11.16% comparing to the same period of last year.

During the current year until 202206, 85, 27, 84, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 3941.3256 million, 3728.4671 million, 3724.2173 million, 2766.0843 million, 2060.9446 million. These values correspond to 10.24%, 9.68%, 9.67%, 7.18%, 5.35% of COLOMBIA's total exports and, respectively, were up 42.29%, up 143.08%, up 30.36%, up 28.59%, up 44.46% comparing to the same period of last year.

2. Current year until 202206, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202206, COLOMBIA-China binational exports and imports of goods amounted to 10414.6874 million and were up 25.72% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1156.0424 million and down 40.24%, imports from China to COLOMBIA were 9258.6450 million and up 45.82%. The total binational trade deficit was 8102.6026 million and up 83.53%.

During the urrent year until 202206, commodities with hs2 code, 85, 84, 27, 87, 72, were binational trade's top five traded commodities. They correspond to import and export values of 2423.0762 million, 1624.6274 million, 657.1615 million, 596.9365 million, 576.3763 million and makes up 23.27%, 15.60%, 6.31%, 5.73%, 5.53% of the total binational imports and exports. These values were also up 50.37%, up 40.52%, down 61.06%, up 159.95%, up 14.19% comparing to the same period last year.

During the current year until 202206, 27, 72, 74, 71, 15 were the top five traded commodities exported to China from COLOMBIA, with export values of 635.8855 million, 223.6587 million, 119.7261 million, 51.9220 million, 41.0907 million. These values account for 55.01%, 19.35%, 10.36%, 4.49%, 3.55% of COLOMBIA's total exports and were down 62.16%, up 148.89%, up 166.84%, up 30572.61%, up 859.68% comparing to the same period of last year.

During the current year until 202206, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 2422.6725 million, 1624.4175 million, 596.9304 million, 488.9195 million, 434.0787 million. These values account for 26.17%, 17.54%, 6.45%, 5.28%, 4.69% of COLOMBIA's total imports and were up 50.42%, up 40.55%, up 159.95%, up 84.94%, up 63.11% 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