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2022
Flag → Flag
Exports $8.73BRnk 36 / 211
2022
Flag → Flag
Top Product $1.78BBroadcasting Equipment
2022
Flag → Flag
Exports $2.01BRnk 7 / 187
2022
Flag → Flag
Top Product $1.06BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
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GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

China-Colombia Trade: In 2022, China exported $8.73B 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 134%, from $124M in 2017 to $8.73B in 2022.

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

Colombia-China Trade: In 2022, Colombia exported $2.01B 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 114%,  from $44.9M in 2017 to $2.01B 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).

Latest Trends

May, 2024

About

Overview In May 2024, China exported $1.28B and imported $892M from Colombia, resulting in a positive trade balance of $390M. Between May 2023 and May 2024 the exports of China have increased by $171M (15.4%) from $1.11B to $1.28B, while imports increased by $305M (51.9%) from $588M to $892M.

Trade In May 2024, the top exports of China to Colombia were Telephones ($109M), Semiconductor Devices ($66.6M), Computers ($40.1M), Motorcycles and cycles ($23.2M), and Coated Flat-Rolled Iron ($22.4M). In May 2024 the top imports of China from Colombia were Crude Petroleum ($533M), Ferroalloys ($42.8M), Coal Briquettes ($17.2M), Copper Ore ($16.9M), and Scrap Copper ($12.4M).

Origins In May 2024 the exports of China were mainly from Zhejiang Province ($358M), Guangdong Province ($282M), Jiangsu Province ($146M), Shandong Province ($101M), and Shanghai Province ($49.8M), while imports destinations were mainly Beijing ($605M), Zhejiang Province ($91.9M), Fujian Province ($62M), Shanghai Province ($26.5M), and Henan Province ($25.6M).

Growth In May 2024, the increase in China's year-by-year exports to Colombia was explained primarily by an increase in product exports in Semiconductor Devices ($56.1M or 535%), Video Displays ($11.6M or 131%), and Iron Pipes ($9.45M or 381%). In May 2024, the increase in China's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Crude Petroleum ($306M or 135%), Precious Metal Ore ($3.6M or 337%), and Coffee ($1.36M or 48.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$171M(15.4%)
IMPORT GROWTH (May 2023 - May 2024)$305M(51.9%)
MAIN EXPORTER (May 2024)Zhejiang Province$358M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Colombia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $8.73B 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 134%, from $124M in 2017 to $8.73B in 2022.

In 2017, Colombia exported $2.01B to China. The main products exported from Colombia to China were Crude Petroleum ($1.06B), Ferroalloys ($406M), and Scrap Copper ($202M). During the last 22 years the exports of Colombia to China have increased at an annualized rate of 114%, from $44.9M in 1995 to $2.01B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Colombia
Top DestinationUnited 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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