Flag Brazil / Colombia Flag

Exports FlagFlag  (2018): $2.86B, Rnk 20 / 216

Top Product FlagFlag (2018): $256M, Cars

Exports FlagFlag (2018): $1.57B, Rnk 7 / 184

Top Product FlagFlag (2018): $446M, Coal Briquettes

Economic Complexity of Flag (2018): ECI 0.62, Rnk 39 / 137

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

GDP Flag (2018): $1.87T, CURRENT US$
Rnk 9 / 196

GDP GROWTH Flag (2008-2018): 10.2%, CURRENT US$
Rnk 143 / 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): $8,921, CURRENT US$
Rnk 82 / 196

GDP PC GROWTH Flag (2008-2018): 1.02%, CURRENT US$
Rnk 141 / 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

Brazil-Colombia: In 2018, Brazil exported $2.86B to Colombia. The main products that Brazil exported to Colombia are Cars ($256M), Gas Turbines ($110M), and Other Edible Preparations ($96.1M). During the last 23 years the exports of Brazil to Colombia have increased at an annualized rate of 8%, from $488M in 1995 to $2.86B in 2018.

In 2018, Brazil did not exported services to Colombia.

Colombia-Brazil: In 2018, Colombia exported $1.57B to Brazil . The main products that Colombia exported to Brazil were Coal Briquettes ($446M), Coke ($310M), and Vinyl Chloride Polymers ($179M). During the last 23 years the exports of Brazil to Colombia have increased at an annualized rate of 8%, from $488M in 1995 to $2.86B in 2018.

In 2018, Colombia did not exported services to Brazil.

Comparison: In 2018,  Brazil ranked 39 in the Economic Complexity Index (ECI 0.62), and 25 in total exports ($242B). That same year, Colombia ranked 56 in the Economic Complexity Index (ECI 0.23), and 55 in total exports ($43.2B).

Bilateral Trade by Products

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Depth
Value

In 2018, Brazil exported $2.86B to Colombia. The main products exported from Brazil to Colombia were Cars ($256M), Gas Turbines ($110M), and Other Edible Preparations ($96.1M). During the last 23 years the exports of Brazil to Colombia have increased at an annualized rate of 8%, from $488M in 1995 to $2.86B in 2018.

In 2018, Colombia exported $1.57B to Brazil. The main products exported from Colombia to Brazil were Coal Briquettes ($446M), Coke ($310M), and Vinyl Chloride Polymers ($179M). During the last 23 years the exports of Colombia to Brazil have increased at an annualized rate of 11.9%, from $119M in 1995 to $1.57B in 2018.

Market Competitiveness

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Measure

Brazil
Top Destination
: China, $64.3B

Colombia
Top Destination
: United States, $11.5B

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

In 2018, countries that imported more from Brazil than Colombia were China ($64.3B), United States ($29.3B), and Argentina ($15B).

In 2018, countries that imported more from Colombia than Brazil were Panama ($3.07B), Ecuador ($1.86B), and Saint Lucia ($799M).

Comparative Advantage Brazil - Colombia

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Depth

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

During 2018, Brazil had a large net trade with Colombia in the exports of Transportation ($578M), Machines ($545M), and Metals ($385M).

During 2018, Colombia had a large net trade with Brazil in the exports of Mineral Products ($857M), Plastics and Rubbers ($356M), and Chemical Products ($110M).

Tariff Section

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

In 2018, the products from Brazil that paid the highest import tariffs to enter Colombia were Worn clothing and other worn articles (25.2%) and Hand made rugs including Kelem,Schumacks,Karamanie,et (21%).

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

Explore Tariff Data

*The tariffs present between Brazil 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
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)
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
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 ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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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 Brazil has comparative advantage over Colombia. Similarly, the more red a dot/product is, the more Colombia has comparative advantage over Brazil.