Argentina (ARG) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Argentina-Colombia Trade: In 2023, Argentina exported $1.35B to Colombia. The main products that Argentina exported to Colombia were Delivery Trucks ($340M), Corn ($200M), and Cars ($191M). Over the past 5 years the exports of Argentina to Colombia have increased at an annualized rate of 13.7%, from $710M in 2018 to $1.35B in 2023.

In 2023, Argentina did not export any services to Colombia.

Colombia-Argentina Trade: In 2023, Colombia exported $399M to Argentina. The main products that Colombia exported to Argentina were Coke ($97.3M), Cars ($38.6M), and Coal Briquettes ($32.3M). Over the past 5 years the exports of Colombia to Argentina have increased at an annualized rate of 5.86%, from $300M in 2018 to $399M in 2023.

In 2023, Colombia did not export any services to Argentina.

Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $1.35B to Colombia. The main products exported from Argentina to Colombia were Delivery Trucks ($340M), Corn ($200M), and Cars ($191M). During the last 5 years the exports of Argentina to Colombia have increased at an annualized rate of 13.7%, from $710M in 2018 to $1.35B in 2023.

In 2018, Colombia exported $399M to Argentina. The main products exported from Colombia to Argentina were Coke ($97.3M), Cars ($38.6M), and Coal Briquettes ($32.3M). During the last 5 years the exports of Colombia to Argentina have increased at an annualized rate of 5.86%, from $300M in 2023 to $399M in 2018.

Exports from Argentina () to Colombia () (2023)

Exports from Colombia () to Argentina () (2023)

Latest Data

Trade between Argentina () and Colombia ()

Argentina Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

Colombia
Top DestinationUnited States$14.8B

This map shows whether countries import more from Argentina or Colombia. Each country is colored based on the difference in imports they receive from Argentina and Colombia or the difference in the growth in imports.

In 2023, countries that imported more from Argentina than Colombia included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

In 2023, countries that imported more from Colombia than Argentina included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

Difference in imports from Colombia () and Argentina () (2023)

Comparative Advantage Argentina - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Argentina and Colombia by product, considering products traded by both, Argentina and Colombia.

During 2023, Argentina had a large net trade with Colombia in the exports of Transportation ($539M), Vegetable Products ($377M), and Chemical Products ($87.5M).

During 2018, Colombia had a large net trade with Argentina in the exports of Mineral Products ($166M), Transportation ($52.1M), and Chemical Products ($50.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Colombia+$36.5MSoybean Meal

Top Product Potential Colombia Argentina+$28.2MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Argentina and Colombia. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Argentina.

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to Colombia () (2023)

Exports from Colombia () to Argentina () (2023)

Latest Data

Trade between Argentina () and Colombia ()

Argentina Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Argentina () (2023)

Comparative Advantage Argentina - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Argentina () and Colombia () (2023)

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