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Colombia

Colombia ranked No. 27 in total trade value through October with a total of $23.8 billion. Exports totaled $12.27 billion and Imports totaled $11.53 billion, a surplus of $736.38 million.

Top Imports

RankCommodityYTD
1Oil$5.6 B
2Gasoline, other fuels$1.19 B
3Coffee$929.58 M
4Fresh-cut flowers$636.43 M
5Gold$508.32 M
6Salvage$297.66 M
7Coal, briquettes$187.4 M
8Bananas and plantains, fresh or dried$163.61 M
9Precious stones$150.95 M
10Misc. aluminum non-prefab structures$133.56 M
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January – October 2018

Top Trading Ports

Total Trade: $23.8 billion

RankPortTotal YTD
1Miami International Airport $3,738,310,975
2Port of Houston $3,284,969,059
3Port of New Orleans $1,491,189,214
4Port of El Segundo, Calif. $1,435,923,104
5Port of Corpus Christi, Texas $1,297,454,167
6Port Everglades, Fla. $987,729,812
7Port of Southern Louisiana, Gramercy, St. James Parish $883,141,471
8Port Miami $743,402,796
9Port of Charleston $665,320,958
10Port of Philadelphia $535,513,104

U.S. trade with Colombia rose to $23.8 billion through October

Colombia’s trade with the United States rose to $23.8 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.55 percent above its total trade during the same time period last year. Colombia’s exports increased 10.37 percent while imports rose 2.77 percent. The U.S. surplus with Colombia was $736.38 million.

Through October, the top five among the nation’s airports, seaports and border crossings 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. 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 47.26 percent of Colombia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport fell 8.67 percent to $3.74 billion.
    Exports rose 8.36 percent to $2.31 billion. Imports fell 27.21 percent to $1.43 billion.
  • Trade with No. 2 Port of Houston rose 20.88 percent to $3.28 billion.
    Exports rose 18.23 percent to $1.92 billion. Imports rose 24.8 percent to $1.37 billion.
  • Trade with No. 3 Port of New Orleans fell 10.18 percent to $1.49 billion.
    Exports fell 1.67 percent to $1.2 billion. Imports fell 34.03 percent to $287.76 million.
  • Trade with No. 4 Port of El Segundo, Calif. rose 37.19 percent to $1.44 billion.
    There were no exports. Imports rose 37.19 percent to $1.44 billion.
  • Trade with No. 5 Port of Corpus Christi, Texas rose 45.09 percent to $1.3 billion.
    Exports rose 39.36 percent to $1.19 billion. Imports rose 169.16 percent to $106.2 million.

Colombia ranked No. 27 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 27.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Colombia by value through October were the categories of Gasoline, other fuels; Corn; Civilian aircraft, parts; Oil; and Cell phones, related equipment, respectively. They accounted for 33.06 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 76.82 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 1.47 percent compared to last year to $1.83 billion.
  • Corn rose 11.75 percent compared to last year to $762.57 million.
  • Civilian aircraft, parts rose 66.81 percent compared to last year to $584.34 million.
  • Oil rose 18.28 percent compared to last year to $472.81 million.
  • Cell phones, related equipment rose 10.96 percent compared to last year to $410.38 million.

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

  • Oil rose 6.1 percent compared to last year to $5.6 billion.
  • Gasoline, other fuels rose 86.52 percent compared to last year to $1.19 billion.
  • Coffee fell 11.93 percent compared to last year to $929.58 million.
  • Fresh-cut flowers rose 6.05 percent compared to last year to $636.43 million.
  • Gold fell 52.7 percent compared to last year to $508.32 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.