2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

China-Colombia Trade: In 2022, China exported $18.1B to Colombia. The main products that China exported to Colombia were Broadcasting Equipment ($1.78B), Computers ($1.06B), and Electric Generating Sets ($413M). Over the past 5 years the exports of China to Colombia have increased at an annualized rate of 15.7%, from $8.73B in 2017 to $18.1B in 2022.

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

Colombia-China Trade: In 2022, Colombia exported $2.21B to China. The main products that Colombia exported to China were Crude Petroleum ($1.06B), Ferroalloys ($406M), and Scrap Copper ($202M). Over the past 5 years the exports of Colombia to China have increased at an annualized rate of 1.96%,  from $2.01B in 2017 to $2.21B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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
Value

In 2022, China exported $18.1B to Colombia. The main products exported from China to Colombia were Broadcasting Equipment ($1.78B), Computers ($1.06B), and Electric Generating Sets ($413M). During the last 5 years the exports of China to Colombia have increased at an annualized rate of 15.7%, from $8.73B in 2017 to $18.1B in 2022.

In 2017, Colombia exported $2.21B to China. The main products exported from Colombia to China were Crude Petroleum ($1.06B), Ferroalloys ($406M), and Scrap Copper ($202M). During the last 5 years the exports of Colombia to China have increased at an annualized rate of 1.96%, from $2.01B in 2022 to $2.21B in 2017.

Exports from China (Flag) to Colombia (Flag) (2022)

Exports from Colombia (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top Destination
United States$551B
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from China than Colombia included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Colombia than China included Bonaire ($394M), Aruba ($126M), and Guam ($60.6k).

Difference in imports from Colombia (Flag) and China (Flag) (2022)

Comparative Advantage China - Colombia

Flow
Scale

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

During 2022, China had a large net trade with Colombia in the exports of Machines ($7.25B), Metals ($2.01B), and Chemical Products ($1.74B).

During 2017, Colombia had a large net trade with China in the exports of Mineral Products ($1.32B), Metals ($613M), and Vegetable Products ($87.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Colombia+$282MTelephones
Top Product Potential Colombia China+$1.16BCrude 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

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

Product Space of China (Flag) and Colombia (Flag) (2022)

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