1.  Overview the trade of COLOMBIA in goods current year until 202210

According to Dalian Infobank, in 202210, COLOMBIA's exports and imports of goods amounted to 10340.0963 million, and were up 7.65% comparing with the same period of last year. Among these, exports were up 11.01% at 4212.8291 million, and imports were up 5.46% at 6127.2672 million. And the corresponding trade deficit was 1914.4380 million and down 4.98%.

During the current year until 202210, COLOMBIA's total exports and imports of goods were 113559.4516 million and were up 41.58% comparing to the same period of last year. Among these, exports were 48041.6863 million and up 50.78%; imports were 65517.7654 million and up 35.52%. The total trade deficit was 17476.0791 million and up 6.02%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, PANAMA, MEXICO were COLOMBIA's top five trading partners. During the current year until 202210, COLOMBIA's imports and exports to five countries/territories were 28649.1849 million, 17701.2218 million, 6487.5809 million, 5050.4475 million, 4890.1592 million. These values correspond to 25.23%, 15.59%, 5.71%, 4.45%, 4.31% of COLOMBIA's imports and exports, and, respectively, were up 44.35%, up 20.06%, up 48.09%, up 219.44%, up 22.99% comparing to the same period of last year.

Current year until 202210, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, NETHERLANDS, TURKEY, BRAZIL are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202210, COLOMBIA's exports to these five countries/territories were 12485.4575 million, 5016.1361 million, 2229.0883 million, 2031.7689 million, 1974.9969 million. These values correspond to 25.99%, 10.44%, 4.64%, 4.23%, 4.11% of COLOMBIA's exports and, respectively, were up 40.66%, up 223.70%, up 197.42%, up 94.11%, up 25.77% comparing with the same period of last year.

Current year until 202210, 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 202210, COLOMBIA's imports from these five countries/territories were 16163.7273 million, 15835.3359 million, 4512.5840 million, 3489.2420 million, 2134.6108 million. These values correspond to 24.67%, 24.17%, 6.89%, 5.33%, 3.26% of COLOMBIA's total imports and, respectively, were up 47.34%, up 35.77%, up 60.56%, up 15.42%, up 96.88% comparing with the same period of last year.

During the current year until 202210, the trade surplus of COLOMBIA was mainly from PANAMA, NETHERLANDS, TURKEY, ECUADOR, ISRAEL at 4981.8247 million, 1744.5778 million, 1641.6208 million, 779.2021 million, 777.4728 million, and up 228.14%, up 400.42%, up 139.91%, up 0.97%, up 485.83%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, MEXICO, FRANCE at 13969.4500 million, 3678.2698 million, 2537.5871 million, 2088.3247 million, 1954.9184 million, and up 62.75%, up 75.66%, up 104.60%, up 0.88%, up 104.75%.

Current year until 202210, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202210,  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 32583.8762 million, 7227.9435 million, 6810.4129 million, 5502.5646 million, 5095.4986 million, which were up 93.65%, up 30.43%, up 26.25%, up 33.11%, up 22.24% comparing with the same period of last year and account for 28.69%, 6.36%, 6.00%, 4.85%, 4.49% of COLOMBIA's total imports and exports.

During the current year until 202210, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 26365.9337 million, 3481.3810 million, 2564.8132 million, 1800.4989 million, 1736.3286 million. These values correspond to 54.88%, 7.25%, 5.34%, 3.75%, 3.61% of COLOMBIA's total exports and, respectively, were up 88.42%, up 38.56%, down 3.63%, up 24.33%, up 7.20% comparing to the same period of last year.

During the current year until 202210, 85, 84, 27, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 6689.7684 million, 6411.5315 million, 6217.9425 million, 5173.5145 million, 3359.1700 million. These values correspond to 10.21%, 9.79%, 9.49%, 7.90%, 5.13% of COLOMBIA's total exports and, respectively, were up 31.83%, up 27.00%, up 119.45%, up 33.61%, up 31.79% comparing to the same period of last year.

2. Current year until 202210, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202210, COLOMBIA-China binational exports and imports of goods amounted to 17701.2218 million and were up 20.06% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 1865.8859 million and down 39.42%, imports from China to COLOMBIA were 15835.3359 million and up 35.77%. The total binational trade deficit was 13969.4500 million and up 62.75%.

During the urrent year until 202210, 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 4048.9567 million, 2694.7651 million, 1100.8765 million, 1073.8610 million, 948.3826 million and makes up 22.87%, 15.22%, 6.22%, 6.07%, 5.36% of the total binational imports and exports. These values were also up 39.54%, up 31.48%, down 57.76%, up 18.40%, up 83.70% comparing to the same period last year.

During the current year until 202210, 27, 72, 74, 09, 26 were the top five traded commodities exported to China from COLOMBIA, with export values of 1066.3373 million, 342.5038 million, 171.6179 million, 74.0018 million, 67.7579 million. These values account for 57.15%, 18.36%, 9.20%, 3.97%, 3.63% of COLOMBIA's total exports and were down 58.90%, up 98.61%, up 89.15%, up 66.11%, down 20.43% comparing to the same period of last year.

During the current year until 202210, 85, 84, 87, 39, 72 were COLOMBIA's top five traded commodities importing from China , with import values of 4048.2555 million, 2694.1670 million, 948.3089 million, 843.5586 million, 731.3573 million. These values account for 25.56%, 17.01%, 5.99%, 5.33%, 4.62% of COLOMBIA's total imports and were up 39.60%, up 31.50%, up 83.74%, up 77.72%, down 0.43% 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