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Colombia

Colombia ranked No. 25 in total trade value through June with a total of $15.25 billion. Exports totaled $7.55 billion and Imports totaled $7.7 billion, a deficit of $152.17 million.

Top Imports

RankCommodityYTD
1Oil$3.79 B
2Gasoline, other fuels$926.58 M
3Coffee$554.61 M
4Fresh-cut flowers$483 M
5Gold$218.28 M
6Salvage$186.58 M
7Coal, briquettes$159.75 M
8Value added to a returned import$148.78 M
9Precious stones$114.3 M
10Misc. aluminum non-prefab structures$102.68 M
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January – June 2019

Top Trading Ports

Total Trade: $15.25 billion

RankPortTotal YTD
1Port of Houston $2,506,839,514
2Miami International Airport $2,328,798,510
3Port of New Orleans $1,238,401,983
4Port of Corpus Christi, Texas $912,608,924
5Port of El Segundo, Calif. $640,452,518
6Port Everglades, Fla. $632,403,039
7Port of Port Arthur, Texas $565,133,787
8Port Miami $503,385,267
9Port of Southern Louisiana, Gramercy, St. James Parish $372,576,538
10Port of Charleston $369,225,677

U.S. trade with Colombia rose to $15.25 billion through June

Colombia’s trade with the United States rose to $15.25 billion through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.73 percent above its total trade during the same time period last year. Colombia’s exports increased 8.25 percent while imports rose 7.22 percent. The U.S. deficit with Colombia was $152.17 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Miami International Airport; No. 3 Port of New Orleans; No. 4 Port of Corpus Christi, Texas; and No. 5 Port of El Segundo, Calif.. During the same period the previous year, the top five were No. 1 Miami International Airport No. 2 Port of Houston No. 3 Port of New Orleans No. 4 Port of El Segundo, Calif. and No. 5 Port of Corpus Christi, Texas. In the current time period, the top five accounted for 50.01 percent of Colombia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 37.91 percent to $2.51 billion.
    Exports rose 23.11 percent to $1.3 billion. Imports rose 58.3 percent to $1.21 billion.
  • Trade with No. 2 Miami International Airport rose 3.39 percent to $2.33 billion.
    Exports rose 6.85 percent to $1.4 billion. Imports fell 1.45 percent to $924.64 million.
  • Trade with No. 3 Port of New Orleans rose 24.06 percent to $1.24 billion.
    Exports rose 3.42 percent to $795.51 million. Imports rose 93.38 percent to $442.89 million.
  • Trade with No. 4 Port of Corpus Christi, Texas rose 42.31 percent to $912.61 million.
    Exports rose 2.74 percent to $627.47 million. Imports rose 833.51 percent to $285.14 million.
  • Trade with No. 5 Port of El Segundo, Calif. fell 20.34 percent to $640.45 million.
    There were no exports. Imports fell 20.34 percent to $640.45 million.

Colombia ranked No. 25 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 28.

Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to Colombia by value through June were the categories of Gasoline, other fuels; Corn; Oil; Cell phones, related equipment; and Soybean oilcake, other solid residue, not ground, respectively. They accounted for 36.08 percent of total exports to Colombia.

The value of the top five categories of U.S. imports from Colombia –– Oil; Gasoline, other fuels; Coffee; Fresh-cut flowers; and Gold –– accounted for 77.52 percent of all inbound shipments.

Looking more closely at U.S. exports to Colombia:

  • Gasoline, other fuels rose 66.75 percent compared to last year to $1.6 billion.
  • Corn fell 10.34 percent compared to last year to $439.09 million.
  • Oil fell 13.37 percent compared to last year to $248.55 million.
  • Cell phones, related equipment rose 1.44 percent compared to last year to $242.5 million.
  • Soybean oilcake, other solid residue, not ground fell 8.09 percent compared to last year to $194.91 million.

Looking more closely at U.S. imports from Colombia:

  • Oil rose 1.64 percent compared to last year to $3.79 billion.
  • Gasoline, other fuels rose 58.03 percent compared to last year to $926.58 million.
  • Coffee rose 0.86 percent compared to last year to $554.61 million.
  • Fresh-cut flowers rose 5.86 percent compared to last year to $483 million.
  • Gold fell 30.37 percent compared to last year to $218.28 million.

In the latest annual figures available, Colombia recorded $26.83 billion in trade with the United States. At year’s end, its were Miami; Houston; New Orleans; Los Angeles; and New York City. Total U.S. exports to Colombia were $ 13.27 billion and imports from Colombia were $13.56 billion. The U.S. deficit with Colombia was $283.66 million.