1.  Overview the trade of COLOMBIA in goods current year until 202211

According to Dalian Infobank, in 202211, COLOMBIA's exports and imports of goods amounted to 10563.2725 million, and were up 0.29% comparing with the same period of last year. Among these, exports were up 13.34% at 4519.4644 million, and imports were down 7.66% at 6043.8081 million. And the corresponding trade deficit was 1524.3437 million and down 40.40%.

During the current year until 202211, COLOMBIA's total exports and imports of goods were 124122.7241 million and were up 36.79% comparing to the same period of last year. Among these, exports were 52561.1507 million and up 46.61%; imports were 71561.5734 million and up 30.37%. The total trade deficit was 19000.4228 million and down 0.21%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, PANAMA, MEXICO were COLOMBIA's top five trading partners. During the current year until 202211, COLOMBIA's imports and exports to five countries/territories were 31155.9826 million, 19362.8373 million, 7184.3844 million, 5427.4745 million, 5401.4583 million. These values correspond to 25.10%, 15.60%, 5.79%, 4.37%, 4.35% of COLOMBIA's imports and exports, and, respectively, were up 38.09%, up 17.33%, up 42.52%, up 163.79%, up 19.45% comparing to the same period of last year.

Current year until 202211, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, NETHERLANDS, INDIA, TURKEY are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202211, COLOMBIA's exports to these five countries/territories were 13578.8103 million, 5391.0398 million, 2467.9053 million, 2367.5065 million, 2230.8173 million. These values correspond to 25.83%, 10.26%, 4.70%, 4.50%, 4.24% of COLOMBIA's exports and, respectively, were up 36.98%, up 166.47%, up 201.22%, up 110.48%, up 102.16% comparing with the same period of last year.

Current year until 202211, 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 202211, COLOMBIA's imports from these five countries/territories were 17577.1723 million, 17275.6900 million, 5035.9708 million, 3830.3888 million, 2331.8236 million. These values correspond to 24.56%, 24.14%, 7.04%, 5.35%, 3.26% of COLOMBIA's total imports and, respectively, were up 38.96%, up 31.29%, up 58.70%, up 11.90%, up 74.56% comparing with the same period of last year.

During the current year until 202211, the trade surplus of COLOMBIA was mainly from PANAMA, NETHERLANDS, TURKEY, ECUADOR, ISRAEL at 5354.6052 million, 1952.8336 million, 1814.4624 million, 867.2225 million, 805.2313 million, and up 169.24%, up 437.12%, up 169.78%, up 0.49%, up 452.72%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, MEXICO, FRANCE at 15188.5428 million, 3998.3620 million, 2887.5572 million, 2259.3194 million, 2139.3874 million, and up 54.75%, up 46.14%, up 121.19%, down 2.79%, up 80.44%.

Current year until 202211, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 35723.9145 million, 7935.0474 million, 7469.1002 million, 6105.9683 million, 5498.1537 million, which were up 85.33%, up 26.74%, up 25.16%, up 30.46%, up 17.48% comparing with the same period of last year and account for 28.78%, 6.39%, 6.02%, 4.92%, 4.43% of COLOMBIA's total imports and exports.

During the current year until 202211, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 28867.2740 million, 3774.5225 million, 2823.6618 million, 1950.3473 million, 1863.7861 million. These values correspond to 54.92%, 7.18%, 5.37%, 3.71%, 3.55% of COLOMBIA's total exports and, respectively, were up 81.70%, up 33.43%, down 4.87%, up 22.54%, up 3.89% comparing to the same period of last year.

During the current year until 202211, 85, 84, 27, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 7338.7567 million, 7023.7296 million, 6856.6405 million, 5735.5630 million, 3634.3675 million. These values correspond to 10.26%, 9.81%, 9.58%, 8.01%, 5.08% of COLOMBIA's total exports and, respectively, were up 28.00%, up 25.62%, up 102.33%, up 30.79%, up 25.93% comparing to the same period of last year.

2. Current year until 202211, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202211, COLOMBIA-China binational exports and imports of goods amounted to 19362.8373 million and were up 17.33% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 2087.1473 million and down 37.58%, imports from China to COLOMBIA were 17275.6900 million and up 31.29%. The total binational trade deficit was 15188.5428 million and up 54.75%.

During the urrent year until 202211, 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 4427.6834 million, 2917.8196 million, 1243.4556 million, 1184.7545 million, 1019.9518 million and makes up 22.87%, 15.07%, 6.42%, 6.12%, 5.27% of the total binational imports and exports. These values were also up 35.54%, up 27.53%, down 55.40%, up 18.35%, up 67.22% comparing to the same period last year.

During the current year until 202211, 27, 72, 74, 26, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 1205.4598 million, 369.2624 million, 187.2067 million, 83.8979 million, 80.4228 million. These values account for 57.76%, 17.69%, 8.97%, 4.02%, 3.85% of COLOMBIA's total exports and were down 56.55%, up 68.92%, up 82.42%, down 16.56%, up 61.61% comparing to the same period of last year.

During the current year until 202211, 85, 84, 87, 39, 72 were COLOMBIA's top five traded commodities importing from China , with import values of 4426.9435 million, 2917.2101 million, 1019.8781 million, 916.3030 million, 815.4921 million. These values account for 25.63%, 16.89%, 5.90%, 5.30%, 4.72% of COLOMBIA's total imports and were up 35.58%, up 27.54%, up 67.25%, up 67.69%, up 4.22% 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