Burundi (BDI) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Burundi-Colombia Trade: In 2022, Burundi exported $2.29k to Colombia. The main products that Burundi exported to Colombia were Gas and Liquid Flow Measuring Instruments ($1.11k), Transmissions ($1.08k), and Metal Mountings ($108). Over the past 7 years the exports of Burundi to Colombia have increased at an annualized rate of 30.2%, from $360 in 2015 to $2.29k in 2022.

In 2022, Burundi did not export any services to Colombia.

Colombia-Burundi Trade: In 2022, Colombia exported $28k to Burundi. The main products that Colombia exported to Burundi were N/A. Over the past 7 years the exports of Colombia to Burundi have increased at an annualized rate of 17.8%, from $12.3k in 2015 to $28k in 2022.

In 2022, Colombia did not export any services to Burundi.

Comparison In 2022, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Burundi exported $2.29k to Colombia. The main products exported from Burundi to Colombia were Gas and Liquid Flow Measuring Instruments ($1.11k), Transmissions ($1.08k), and Metal Mountings ($108). During the last 7 years the exports of Burundi to Colombia have increased at an annualized rate of 30.2%, from $360 in 2015 to $2.29k in 2022.

In 2017, Colombia exported $28k to Burundi. There were not main exports from Colombia to Burundi in 2017. During the last 5 years the exports of Colombia to Burundi have increased at an annualized rate of 17.8%, from $12.3k in 2022 to $28k in 2017.

Exports from Burundi () to Colombia () (2022)

Exports from Colombia () to Burundi () (2022)

Latest Data

Trade between Burundi () and Colombia ()

Burundi Exports

Date

Feb 2017

Jan 2017

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burundi
Top DestinationUnited Arab Emirates$59.9M

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Burundi than Colombia included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

In 2022, countries that imported more from Colombia than Burundi included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia () and Burundi () (2022)

Comparative Advantage Burundi - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burundi had a large net trade with Colombia in the exports of Instruments ($1.11k), Machines ($1.08k), and Metals ($108).

During 2017, Colombia had a large net trade with Burundi in the exports of Machines ($15k) and Instruments ($13k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burundi Colombia+$3.5kTransmissions

Top Product Potential Colombia Burundi+$18.5kMedical Instruments

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 Burundi and Colombia. This means that a dot/product with the flag of Burundi indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Burundi.

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Historical Data

Bilateral Trade by Products

Exports from Burundi () to Colombia () (2022)

Exports from Colombia () to Burundi () (2022)

Latest Data

Trade between Burundi () and Colombia ()

Burundi Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Burundi () (2022)

Comparative Advantage Burundi - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burundi () and Colombia () (2022)

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