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Colombia

Colombia ranked No. 26 in total trade value through March with a total of $7.16 billion. Exports totaled $3.64 billion and Imports totaled $3.51 billion, a surplus of $132.49 million.

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January – March 2019

Top Trading Ports

Total Trade: $7.16 billion

RankPortTotal YTD
1Miami International Airport $1,220,801,425
2Port of Houston $975,635,229
3Port of New Orleans $475,438,508
4Port of El Segundo, Calif. $402,254,518
5Port of Corpus Christi, Texas $350,755,438
6Port Everglades, Fla. $312,461,075
7Port of Port Arthur, Texas $274,724,006
8Port Miami $250,125,123
9Port of Charleston $197,872,079
10Port of Philadelphia $197,643,302

U.S. trade with Colombia rose to $7.16 billion through March

Colombia’s trade with the United States rose to $7.16 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.56 percent above its total trade during the same time period last year. Colombia’s exports increased 13.49 percent while imports fell 10.07 percent. The U.S. surplus with Colombia was $132.49 million.

Through March, 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 Everglades, Fla.. In the current time period, the top five accounted for 47.85 percent of Colombia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport rose 11.17 percent to $1.22 billion.
    Exports rose 15.22 percent to $724.39 million. Imports rose 5.74 percent to $496.41 million.
  • Trade with No. 2 Port of Houston rose 4.56 percent to $975.64 million.
    Exports rose 31.72 percent to $639.86 million. Imports fell 24.93 percent to $335.78 million.
  • Trade with No. 3 Port of New Orleans fell 9.58 percent to $475.44 million.
    Exports rose 8.21 percent to $369.64 million. Imports fell 42.57 percent to $105.8 million.
  • Trade with No. 4 Port of El Segundo, Calif. rose 19.05 percent to $402.25 million.
    There were no exports. Imports rose 19.05 percent to $402.25 million.
  • Trade with No. 5 Port of Corpus Christi, Texas rose 48.76 percent to $350.76 million.
    Exports rose 17.83 percent to $241.84 million. Imports rose 256.59 percent to $108.92 million.

Colombia ranked No. 26 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 26.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Colombia by value through March were the categories of Gasoline, other fuels; Corn; Cell phones, related equipment; Soybean oilcake, other solid residue, not ground; and Oil, respectively. They accounted for 33.81 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 76.26 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 86.54 percent compared to last year to $701.07 million.
  • Corn fell 6.83 percent compared to last year to $218.75 million.
  • Cell phones, related equipment rose 5.21 percent compared to last year to $123.13 million.
  • Soybean oilcake, other solid residue, not ground fell 25.79 percent compared to last year to $95.62 million.
  • Oil rose 6.61 percent compared to last year to $93.76 million.

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

  • Oil fell 26.73 percent compared to last year to $1.6 billion.
  • Gasoline, other fuels rose 25.92 percent compared to last year to $362.69 million.
  • Coffee rose 5.77 percent compared to last year to $336.12 million.
  • Fresh-cut flowers rose 5.66 percent compared to last year to $245.6 million.
  • Gold fell 7.29 percent compared to last year to $136.63 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.