1.  Overview the trade of COLOMBIA in goods current year until 202208

According to Dalian Infobank, in 202208, COLOMBIA's exports and imports of goods amounted to 11794.1901 million, and were up 36.09% comparing with the same period of last year. Among these, exports were up 35.52% at 4496.5652 million, and imports were up 36.44% at 7297.6248 million. And the corresponding trade deficit was 2801.0596 million and up 37.96%.

During the current year until 202208, COLOMBIA's total exports and imports of goods were 91724.2546 million and were up 49.64% comparing to the same period of last year. Among these, exports were 39050.3011 million and up 59.42%; imports were 52673.9535 million and up 43.13%. The total trade deficit was 13623.6524 million and up 10.69%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, PANAMA, MEXICO were COLOMBIA's top five trading partners. During the current year until 202208, COLOMBIA's imports and exports to five countries/territories were 23627.0706 million, 14055.8736 million, 5066.8543 million, 4191.1037 million, 3841.1864 million. These values correspond to 25.76%, 15.32%, 5.52%, 4.57%, 4.19% of COLOMBIA's imports and exports, and, respectively, were up 53.46%, up 23.82%, up 54.41%, up 267.22%, up 27.66% comparing to the same period of last year.

Current year until 202208, 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 202208, COLOMBIA's exports to these five countries/territories were 10200.0712 million, 4163.3110 million, 1834.6752 million, 1738.1468 million, 1703.0010 million. These values correspond to 26.12%, 10.66%, 4.70%, 4.45%, 4.36% of COLOMBIA's exports and, respectively, were up 45.08%, up 270.70%, up 165.27%, up 201.20%, up 156.49% comparing with the same period of last year.

Current year until 202208, 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 202208, COLOMBIA's imports from these five countries/territories were 13426.9994 million, 12665.4287 million, 3459.4910 million, 2733.1976 million, 1724.4976 million. These values correspond to 25.49%, 24.04%, 6.57%, 5.19%, 3.27% of COLOMBIA's total imports and, respectively, were up 60.50%, up 44.47%, up 67.34%, up 19.63%, up 120.14% comparing with the same period of last year.

During the current year until 202208, the trade surplus of COLOMBIA was mainly from PANAMA, TURKEY, NETHERLANDS, INDIA, ECUADOR at 4135.5183 million, 1391.1761 million, 1363.0584 million, 677.9235 million, 628.0425 million, and up 274.30%, up 285.55%, up 380.03%, down 482.91%, up 9.47%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, MEXICO, FRANCE at 11274.9839 million, 3226.9281 million, 1852.1277 million, 1625.2088 million, 1572.2259 million, and up 82.37%, up 141.70%, up 117.04%, up 4.14%, up 125.48%.

Current year until 202208, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202208,  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 26755.5772 million, 5749.7614 million, 5434.1650 million, 4218.1871 million, 4145.8550 million, which were up 113.47%, up 35.33%, up 30.29%, up 31.22%, up 31.93% comparing with the same period of last year and account for 29.17%, 6.27%, 5.92%, 4.60%, 4.52% of COLOMBIA's total imports and exports.

During the current year until 202208, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 21591.9113 million, 2818.6363 million, 2022.9363 million, 1531.0307 million, 1431.6348 million. These values correspond to 55.29%, 7.22%, 5.18%, 3.92%, 3.67% of COLOMBIA's total exports and, respectively, were up 106.19%, up 47.09%, down 5.09%, up 27.45%, up 13.15% comparing to the same period of last year.

During the current year until 202208, 85, 27, 84, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 5330.9308 million, 5163.6659 million, 5116.5245 million, 3892.5749 million, 2786.5522 million. These values correspond to 10.12%, 9.80%, 9.71%, 7.39%, 5.29% of COLOMBIA's total exports and, respectively, were up 36.92%, up 150.45%, up 31.10%, up 32.57%, up 42.95% comparing to the same period of last year.

2. Current year until 202208, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202208, COLOMBIA-China binational exports and imports of goods amounted to 14055.8736 million and were up 23.82% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1390.4448 million and down 46.20%, imports from China to COLOMBIA were 12665.4287 million and up 44.47%. The total binational trade deficit was 11274.9839 million and up 82.37%.

During the urrent year until 202208, commodities with hs2 code, 85, 84, 72, 87, 27, were binational trade's top five traded commodities. They correspond to import and export values of 3262.4754 million, 2178.1300 million, 807.5480 million, 769.8702 million, 767.6370 million and makes up 23.21%, 15.50%, 5.75%, 5.48%, 5.46% of the total binational imports and exports. These values were also up 46.14%, up 36.16%, up 18.95%, up 125.77%, down 65.27% comparing to the same period last year.

During the current year until 202208, 27, 72, 74, 09, 15 were the top five traded commodities exported to China from COLOMBIA, with export values of 742.1445 million, 273.2896 million, 144.1167 million, 55.4409 million, 52.0362 million. These values account for 53.37%, 19.65%, 10.36%, 3.99%, 3.74% of COLOMBIA's total exports and were down 66.29%, up 114.21%, up 112.02%, up 58.85%, up 451.65% comparing to the same period of last year.

During the current year until 202208, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 3261.9327 million, 2177.7407 million, 769.8635 million, 688.2494 million, 587.0682 million. These values account for 25.75%, 17.19%, 6.08%, 5.43%, 4.64% of COLOMBIA's total imports and were up 46.20%, up 36.19%, up 125.88%, up 93.20%, up 57.15% 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