Flag Argentina / Colombia Flag

Exports FlagFlag  (2018): $667M, Rnk 24 / 165

Top Product FlagFlag (2018): $151M, Delivery Trucks

Exports FlagFlag (2018): $298M, Rnk 30 / 184

Top Product FlagFlag (2018): $60.2M, Cars

Economic Complexity of Flag (2018): ECI 0.22, Rnk 57 / 137

Economic Complexity of Flag (2018): ECI 0.23, Rnk 56 / 137

GDP Flag (2018): $520B, CURRENT US$
Rnk 24 / 196

GDP GROWTH Flag (2008-2018): 43.8%, CURRENT US$
Rnk 91 / 196

GDP Flag (2018): $331B, CURRENT US$
Rnk 37 / 196

GDP GROWTH Flag (2008-2018): 37%, CURRENT US$
Rnk 103 / 196

GDP PC Flag (2018): $11,684, CURRENT US$
Rnk 66 / 196

GDP PC GROWTH Flag (2008-2018): 29.5%, CURRENT US$
Rnk 83 / 196

GDP PC Flag (2018): $6,668, CURRENT US$
Rnk 96 / 196

GDP PC GROWTH Flag (2008-2018): 22.1%, CURRENT US$
Rnk 101 / 196

Argentina-Colombia: In 2018, Argentina exported $667M to Colombia. The main products exported from Argentina to Colombia were Delivery Trucks ($151M), Cars ($88.1M), and Barley ($66.7M). During the last 23 years the exports of Argentina to Colombia have increased at an annualized rate of 4.28%, from $255M in 1995 to $667M in 2018.

Colombia-Argentina: In 2018, Colombia exported $298M to Argentina. The main products exported from Colombia to Argentina were Cars ($60.2M), Coal Briquettes ($40M), and Pesticides ($30.4M). During the last 23 years the exports of Colombia to Argentina have increased at an annualized rate of 7.01%, from $62.6M in 1995 to $298M in 2018.

Comparison: In 2018, Argentina ranked 57 in the Economic Complexity Index (ECI 0.22), and 49 in total exports ($60.8B). That same year, Colombia ranked 56 in the Economic Complexity Index (ECI 0.23), and 55 in total exports ($43.2B). In terms of GDP Per Capita, Argentina was ranked 66 with a GDP Per Capita of $11,684, and Colombia was ranked 96 with a GDP Per Capita of $6,668.

Bilateral Trade by Products

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Depth
Value

In 2018, Argentina exported $667M to Colombia. The main products exported from Argentina to Colombia were Delivery Trucks ($151M), Cars ($88.1M), and Barley ($66.7M). During the last 23 years the exports of Argentina to Colombia have increased at an annualized rate of 4.28%, from $255M in 1995 to $667M in 2018.

In 2018, Colombia exported $298M to Argentina. The main products exported from Colombia to Argentina were Cars ($60.2M), Coal Briquettes ($40M), and Pesticides ($30.4M). During the last 23 years the exports of Colombia to Argentina have increased at an annualized rate of 7.01%, from $62.6M in 1995 to $298M in 2018.

Market Competitiveness

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Measure

Argentina
Top Destination
: Brazil, $11B

Colombia
Top Destination
: United States, $11.5B

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 2018, countries that imported more from Argentina than Colombia were Brazil ($11B), Vietnam ($2.08B), and Chile ($3.05B).

In 2018, countries that imported more from Colombia than Argentina were United States ($11.5B), Panama ($3.07B), and Ecuador ($1.86B).

Comparative Advantage Argentina - Colombia

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Depth

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

During 2018, Argentina had a large net trade with Colombia in the exports of Transportation ($247M), Vegetable Products ($133M), and Chemical Products ($73.9M).

During 2018, Colombia had a large net trade with Argentina in the exports of Mineral Products ($67.4M), Transportation ($61.3M), and Plastics and Rubbers ($50.8M).

Tariff Section

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This sections shows import tariffs for products traded between Argentina and Colombia (using the HS6 product classification and the last year reported).

In 2018, the products from Argentina that paid the highest import tariffs to enter Colombia were Womens, girls slips or petticoats, manmade fibre knit (35%) and Womens, girls nightdress or pyjama manmade fibre, kni (35%).

In 2018, the products from Colombia that paid the highest import tariffs to enter Argentina were Bovine cuts boneless, fresh or chilled (70.4%) and Bovine cuts boneless, frozen (70.4%).

Explore Tariff Data

*The tariffs present between Argentina and Colombia are:
23: AAP.AG N° 02 - Acuerdo de Alcance Parcial para la Liberación y Expansión del Comercio Intrarregional de Semillas Suscrito por el Art. 12 del TM80
61: AAP.CE N° 59 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay, Colombia, Ecuador y Venezuela
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Trade Forecasts

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This section shows a forecast for total trade between Argentina and Colombia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Argentina has comparative advantage over Colombia. Similarly, the more red a dot/product is, the more Colombia has comparative advantage over Argentina.