2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
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GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Colombia-United Arab Emirates Trade: In 2022, Colombia exported $259M to United Arab Emirates. The main products that Colombia exported to United Arab Emirates were Gold ($174M), Precious Metal Ore ($44.1M), and Coffee ($8.85M). Over the past 5 years the exports of Colombia to United Arab Emirates have increased at an annualized rate of 43.9%, from $42M in 2017 to $259M in 2022.

In 2022, Colombia did not export any services to United Arab Emirates.

United Arab Emirates-Colombia Trade: In 2022, United Arab Emirates exported $105M to Colombia. The main products that United Arab Emirates exported to Colombia were Metal Stoppers ($20.1M), Cars ($12.9M), and Ethylene Polymers ($9.61M). Over the past 5 years the exports of United Arab Emirates to Colombia have increased at an annualized rate of 28.3%,  from $30.1M in 2017 to $105M in 2022.

In 2022, United Arab Emirates did not export any services to Colombia.

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $259M to United Arab Emirates. The main products exported from Colombia to United Arab Emirates were Gold ($174M), Precious Metal Ore ($44.1M), and Coffee ($8.85M). During the last 5 years the exports of Colombia to United Arab Emirates have increased at an annualized rate of 43.9%, from $42M in 2017 to $259M in 2022.

In 2017, United Arab Emirates exported $105M to Colombia. The main products exported from United Arab Emirates to Colombia were Metal Stoppers ($20.1M), Cars ($12.9M), and Ethylene Polymers ($9.61M). During the last 5 years the exports of United Arab Emirates to Colombia have increased at an annualized rate of 28.3%, from $30.1M in 2022 to $105M in 2017.

Exports from Colombia (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Colombia (Flag) (2022)

Latest Data

Trade between Colombia (Flag) and United Arab Emirates (Flag)

Colombia Exports

United Arab Emirates Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Colombia than United Arab Emirates included United States ($15.6B), Panama ($5.84B), and Ecuador ($1.89B).

In 2022, countries that imported more from United Arab Emirates than Colombia included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - United Arab Emirates

Flow
Scale

This chart compares trade between Colombia and United Arab Emirates by product, considering products traded by both, Colombia and United Arab Emirates.

During 2022, Colombia had a large net trade with United Arab Emirates in the exports of Precious Metals ($176M), Mineral Products ($44.1M), and Vegetable Products ($19.9M).

During 2017, United Arab Emirates had a large net trade with Colombia in the exports of Metals ($33M), Plastics and Rubbers ($16.6M), and Transportation ($14.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia United Arab Emirates+$75.3MGold
Top Product Potential United Arab Emirates Colombia+$14.3MCars

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

Product Space of Colombia (Flag) and United Arab Emirates (Flag) (2022)

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