1.  Overview the trade of COLOMBIA in goods current year until 202207

According to Dalian Infobank, in 202207, COLOMBIA's exports and imports of goods amounted to 12804.7995 million, and were up 58.99% comparing with the same period of last year. Among these, exports were up 81.83% at 5913.9372 million, and imports were up 43.52% at 6890.8623 million. And the corresponding trade deficit was 976.9252 million and down 36.93%.

During the current year until 202207, COLOMBIA's total exports and imports of goods were 79937.4950 million and were up 51.88% comparing to the same period of last year. Among these, exports were 34561.1663 million and up 63.20%; imports were 45376.3287 million and up 44.26%. The total trade deficit was 10815.1624 million and up 5.23%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, PANAMA, MEXICO were COLOMBIA's top five trading partners. During the current year until 202207, COLOMBIA's imports and exports to five countries/territories were 20784.5491 million, 12119.8851 million, 4257.3439 million, 3685.2614 million, 3295.0741 million. These values correspond to 26.00%, 15.16%, 5.33%, 4.61%, 4.12% of COLOMBIA's imports and exports, and, respectively, were up 54.30%, up 23.77%, up 50.55%, up 258.44%, up 29.31% comparing to the same period of last year.

Current year until 202207, 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 202207, COLOMBIA's exports to these five countries/territories were 8995.7561 million, 3659.9336 million, 1682.0174 million, 1655.4945 million, 1621.7589 million. These values correspond to 26.03%, 10.59%, 4.87%, 4.79%, 4.69% of COLOMBIA's exports and, respectively, were up 46.69%, up 261.50%, up 214.11%, up 226.54%, up 246.60% comparing with the same period of last year.

Current year until 202207, 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 202207, COLOMBIA's imports from these five countries/territories were 11788.7929 million, 10886.8741 million, 2815.0479 million, 2367.1749 million, 1427.0396 million. These values correspond to 25.98%, 23.99%, 6.20%, 5.22%, 3.14% of COLOMBIA's total imports and, respectively, were up 60.65%, up 44.73%, up 60.42%, up 22.17%, up 127.24% comparing with the same period of last year.

During the current year until 202207, the trade surplus of COLOMBIA was mainly from PANAMA, NETHERLANDS, TURKEY, INDIA, ECUADOR at 3634.6059 million, 1383.3610 million, 1352.7957 million, 683.6963 million, 545.2151 million, and up 264.65%, up 408.86%, up 491.64%, down 446.04%, up 8.75%. And the trade deficits were mainly from CHINA, UNITED STATES, MEXICO, BRAZIL, FRANCE at 9653.8631 million, 2793.0368 million, 1439.2756 million, 1372.7519 million, 1288.4046 million, and up 83.81%, up 131.65%, up 8.46%, up 101.37%, up 132.88%.

Current year until 202207, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202207,  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 23746.4889 million, 5033.3404 million, 4650.7481 million, 3645.3336 million, 3504.9099 million, which were up 119.46%, up 38.57%, up 29.64%, up 31.57%, up 31.92% comparing with the same period of last year and account for 29.71%, 6.30%, 5.82%, 4.56%, 4.38% of COLOMBIA's total imports and exports.

During the current year until 202207, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 19266.4620 million, 2495.1108 million, 1755.5304 million, 1388.7993 million, 1231.5445 million. These values correspond to 55.75%, 7.22%, 5.08%, 4.02%, 3.56% of COLOMBIA's total exports and, respectively, were up 111.58%, up 56.52%, down 7.87%, up 27.80%, up 13.13% comparing to the same period of last year.

During the current year until 202207, 85, 27, 84, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 4667.4769 million, 4480.0269 million, 4378.9738 million, 3289.6520 million, 2413.7892 million. These values correspond to 10.29%, 9.87%, 9.65%, 7.25%, 5.32% of COLOMBIA's total exports and, respectively, were up 40.13%, up 161.35%, up 30.34%, up 31.71%, up 43.51% comparing to the same period of last year.

2. Current year until 202207, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202207, COLOMBIA-China binational exports and imports of goods amounted to 12119.8851 million and were up 23.77% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1233.0110 million and down 45.68%, imports from China to COLOMBIA were 10886.8741 million and up 44.73%. The total binational trade deficit was 9653.8631 million and up 83.81%.

During the urrent year until 202207, 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 2866.3361 million, 1883.9932 million, 679.1964 million, 665.4342 million, 664.2111 million and makes up 23.65%, 15.54%, 5.60%, 5.49%, 5.48% of the total binational imports and exports. These values were also up 48.91%, up 38.30%, down 65.38%, up 136.06%, up 12.18% comparing to the same period last year.

During the current year until 202207, 27, 72, 74, 71, 15 were the top five traded commodities exported to China from COLOMBIA, with export values of 655.1667 million, 240.3119 million, 133.0103 million, 51.9220 million, 49.2773 million. These values account for 53.14%, 19.49%, 10.79%, 4.21%, 4.00% of COLOMBIA's total exports and were down 66.46%, up 127.93%, up 122.68%, up 30137.12%, up 547.14% comparing to the same period of last year.

During the current year until 202207, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 2865.8683 million, 1883.6097 million, 665.4281 million, 593.6956 million, 513.9394 million. These values account for 26.32%, 17.30%, 6.11%, 5.45%, 4.72% of COLOMBIA's total imports and were up 48.94%, up 38.32%, up 136.06%, up 90.59%, up 64.33% 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