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Monitor Report of COLOMBIA trade and COLOMBIA-China binational trade in 202209

 1.  Overview the trade of COLOMBIA in goods current year until 202209

According to Dalian Infobank, in 202209COLOMBIA's exports and imports of goods amounted to 11474.3117 million, and were up 23.30% comparing with the same period of last year. Among these, exports were up 33.76% at 4778.5545 million, and imports were up 16.79% at 6695.7571 million. And the corresponding trade deficit was 1917.2026 million and down 11.27%.

During the current year until 202209, COLOMBIA's total exports and imports of goods were 103198.5663 million and were up 46.17% comparing to the same period of last year. Among these, exports were 43828.8556 million and up 56.16%; imports were 59369.7107 million and up 39.58%. The total trade deficit was 15540.8550 million and up 7.41%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, PANAMA, MEXICO were COLOMBIA's top five trading partners. During the current year until 202209, COLOMBIA's imports and exports to five countries/territories were 26243.7806 million, 15826.7127 million, 5830.8830 million, 4739.5001 million, 4425.0429 million. These values correspond to 25.43%, 15.34%, 5.65%, 4.59%, 4.29% of COLOMBIA's imports and exports, and, respectively, were up 50.74%, up 20.96%, up 49.89%, up 290.97%, up 25.31% comparing to the same period of last year.

Current year until 202209, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, NETHERLANDS, TURKEY, INDIA are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202209, COLOMBIA's exports to these five countries/territories were 11386.1873 million, 4707.1419 million, 1986.0376 million, 1888.9039 million, 1881.4557 million. These values correspond to 25.98%, 10.74%, 4.53%, 4.31%, 4.29% of COLOMBIA's exports and, respectively, were up 44.28%, up 295.62%, up 197.58%, up 127.75%, up 122.12% comparing with the same period of last year.

Current year until 202209, 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 202209, COLOMBIA's imports from these five countries/territories were 14857.5933 million, 14346.4492 million, 3996.4966 million, 3143.2696 million, 1936.3432 million. These values correspond to 25.03%, 24.16%, 6.73%, 5.29%, 3.26% of COLOMBIA's total imports and, respectively, were up 56.10%, up 40.51%, up 61.47%, up 17.37%, up 97.29% comparing with the same period of last year.

During the current year until 202209, the trade surplus of COLOMBIA was mainly from PANAMA, NETHERLANDS, TURKEY, ISRAEL, ECUADOR at 4674.7837 million, 1537.5061 million, 1532.1768 million, 718.6129 million, 697.1419 million, and up 300.46%, up 379.56%, up 209.68%, up 611.07%, down 0.51%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, MEXICO, FRANCE at 12866.1857 million, 3471.4060 million, 2162.1103 million, 1861.4964 million, 1769.9586 million, and up 75.36%, up 113.44%, up 103.98%, up 2.02%, up 102.65%.

Current year until 202209, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202209,  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 29871.5182 million, 6535.5653 million, 6151.5073 million, 4865.4866 million, 4668.5480 million, which were up 105.43%, up 33.05%, up 27.81%, up 32.47%, up 27.59% comparing with the same period of last year and account for 28.95%, 6.33%, 5.96%, 4.71%, 4.52% of COLOMBIA's total imports and exports.

During the current year until 202209, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 24182.5470 million, 3157.7399 million, 2274.7785 million, 1656.4631 million, 1592.1010 million. These values correspond to 55.17%, 7.20%, 5.19%, 3.78%, 3.63% of COLOMBIA's total exports and, respectively, were up 99.75%, up 44.54%, down 5.96%, up 27.54%, up 11.69% comparing to the same period of last year.

During the current year until 202209, 85, 84, 27, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 6054.3308 million, 5792.1267 million, 5688.9712 million, 4572.0258 million, 3076.4470 million. These values correspond to 10.20%, 9.76%, 9.58%, 7.70%, 5.18% of COLOMBIA's total exports and, respectively, were up 34.49%, up 28.65%, up 133.66%, up 33.02%, up 37.73% comparing to the same period of last year.


2. Current year until 202209, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202209, COLOMBIA-China binational exports and imports of goods amounted to 15826.7127 million and were up 20.96% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1480.2635 million and down 48.48%, imports from China to COLOMBIA were 14346.4492 million and up 40.51%. The total binational trade deficit was 12866.1857 million and up 75.36%.

During the urrent year until 202209, 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 3658.5593 million, 2447.8052 million, 949.6078 million, 869.3858 million, 776.6684 million and makes up 23.12%, 15.47%, 6.00%, 5.49%, 4.91% of the total binational imports and exports. These values were also up 41.84%, up 33.90%, up 16.40%, up 103.62%, down 67.99% comparing to the same period last year.

During the current year until 202209, 27, 72, 74, 09, 26 were the top five traded commodities exported to China from COLOMBIA, with export values of 748.9592 million, 304.1590 million, 156.5246 million, 66.1752 million, 65.8805 million. These values account for 50.60%, 20.55%, 10.57%, 4.47%, 4.45% of COLOMBIA's total exports and were down 69.00%, up 78.22%, up 97.43%, up 61.93%, down 18.69% comparing to the same period of last year.

During the current year until 202209, 85, 84, 87, 39, 29 were COLOMBIA's top five traded commodities importing from China , with import values of 3657.9048 million, 2447.2609 million, 869.3791 million, 761.9624 million, 652.5255 million. These values account for 25.50%, 17.06%, 6.06%, 5.31%, 4.55% of COLOMBIA's total imports and were up 41.89%, up 33.92%, up 103.69%, up 83.40%, up 45.39% 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