1.  Overview the trade of COLOMBIA in goods current year until 202212

According to Dalian Infobank, in 202212, COLOMBIA's exports and imports of goods amounted to 10349.8807 million, and were down 2.28% comparing with the same period of last year. Among these, exports were up 2.67% at 4498.1018 million, and imports were down 5.77% at 5851.7789 million. And the corresponding trade deficit was 1353.6771 million and down 25.99%.

During the current year until 202212, COLOMBIA's total exports and imports of goods were 134528.7442 million and were up 32.76% comparing to the same period of last year. Among these, exports were 57115.3918 million and up 41.97%; imports were 77413.3524 million and up 26.70%. The total trade deficit was 20297.9605 million and down 2.74%.

If considering by country (region), UNITED STATES, CHINA, BRAZIL, MEXICO, PANAMA were COLOMBIA's top five trading partners. During the current year until 202212, COLOMBIA's imports and exports to five countries/territories were 33596.6015 million, 20865.5324 million, 7827.8804 million, 5927.0600 million, 5897.9599 million. These values correspond to 24.97%, 15.51%, 5.82%, 4.41%, 4.38% of COLOMBIA's imports and exports, and, respectively, were up 34.08%, up 13.63%, up 41.01%, up 18.31%, up 135.59% comparing to the same period of last year.

Current year until 202212, COLOMBIA and the top five trade partners UNITED STATES, PANAMA, NETHERLANDS, INDIA, BRAZIL are the top five countries/territories that COLOMBIA exports to in terms of the total export amount. During the current year until 202212, COLOMBIA's exports to these five countries/territories were 14757.5345 million, 5834.4366 million, 2697.7948 million, 2465.6896 million, 2332.7308 million. These values correspond to 25.84%, 10.22%, 4.72%, 4.32%, 4.08% of COLOMBIA's exports and, respectively, were up 34.34%, up 136.89%, up 174.98%, up 96.44%, up 13.84% comparing with the same period of last year.

Current year until 202212, 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 202212, COLOMBIA's imports from these five countries/territories were 18839.0670 million, 18698.7409 million, 5495.1496 million, 4174.7461 million, 2458.7303 million. These values correspond to 24.34%, 24.15%, 7.10%, 5.39%, 3.18% of COLOMBIA's total imports and, respectively, were up 33.88%, up 26.38%, up 56.90%, up 9.85%, up 66.84% comparing with the same period of last year.

During the current year until 202212, the trade surplus of COLOMBIA was mainly from PANAMA, NETHERLANDS, TURKEY, ECUADOR, ISRAEL at 5770.9134 million, 2152.7635 million, 1808.4584 million, 940.8994 million, 899.8137 million, and up 138.24%, up 337.21%, up 124.20%, up 1.42%, up 332.09%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, MEXICO, FRANCE at 16531.9494 million, 4081.5325 million, 3162.4187 million, 2422.4323 million, 2224.9356 million, and up 47.23%, up 32.25%, up 117.61%, down 6.51%, up 71.41%.

Current year until 202212, COLOMBIA's trade surplus or deficit with top five countries/territories During the current year until 202212,  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 38624.9832 million, 8585.1926 million, 8114.2243 million, 6835.9725 million, 5875.2617 million, which were up 77.28%, up 22.90%, up 23.30%, up 32.52%, up 12.78% comparing with the same period of last year and account for 28.71%, 6.38%, 6.03%, 5.08%, 4.37% of COLOMBIA's total imports and exports.

During the current year until 202212, 27, 09, 71, 06, 39 were COLOMBIA's top five traded commodities, with total import and export values of 31244.7281 million, 4123.2935 million, 3146.1399 million, 2082.8400 million, 1999.6652 million. These values correspond to 54.70%, 7.22%, 5.51%, 3.65%, 3.50% of COLOMBIA's total exports and, respectively, were up 73.38%, up 28.62%, down 5.96%, up 18.61%, up 0.82% comparing to the same period of last year.

During the current year until 202212, 85, 84, 27, 87, 39 were COLOMBIA's top five traded commodities, with total import values of 7930.0572 million, 7623.1954 million, 7380.2551 million, 6434.4489 million, 3875.5965 million. These values correspond to 10.24%, 9.85%, 9.53%, 8.31%, 5.01% of COLOMBIA's total exports and, respectively, were up 23.88%, up 23.67%, up 95.93%, up 33.04%, up 20.14% comparing to the same period of last year.

2. Current year until 202212, COLOMBIA binational trade profile

According to Dalian Infobank, during the current year until 202212, COLOMBIA-China binational exports and imports of goods amounted to 20865.5324 million and were up 13.63% comparing with the same period of last year. Among these, exports from COLOMBIA to China were 2166.7915 million and down 39.26%, imports from China to COLOMBIA were 18698.7409 million and up 26.38%. The total binational trade deficit was 16531.9494 million and up 47.23%.

During the urrent year until 202212, commodities with hs2 code, 85, 84, 72, 27, 87, were binational trade's top five traded commodities. They correspond to import and export values of 4788.0948 million, 3122.7163 million, 1275.0402 million, 1255.0925 million, 1185.5006 million and makes up 22.95%, 14.97%, 6.11%, 6.02%, 5.68% of the total binational imports and exports. These values were also up 30.82%, up 23.52%, up 10.06%, down 56.99%, up 61.32% comparing to the same period last year.

During the current year until 202212, 27, 72, 74, 26, 09 were the top five traded commodities exported to China from COLOMBIA, with export values of 1215.2964 million, 407.1670 million, 202.2740 million, 87.3458 million, 84.8479 million. These values account for 56.09%, 18.79%, 9.34%, 4.03%, 3.92% of COLOMBIA's total exports and were down 58.12%, up 57.30%, up 71.55%, down 31.25%, up 58.97% comparing to the same period of last year.

During the current year until 202212, 85, 84, 87, 39, 72 were COLOMBIA's top five traded commodities importing from China , with import values of 4786.1979 million, 3122.0218 million, 1185.4270 million, 985.3602 million, 867.8732 million. These values account for 25.60%, 16.70%, 6.34%, 5.27%, 4.64% of COLOMBIA's total imports and were up 30.85%, up 23.54%, up 61.35%, up 58.57%, down 3.53% 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