2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

Colombia-Brunei Trade: In 2023, Colombia exported $26.2M to Brunei. The main products that Colombia exported to Brunei were Crude Petroleum ($26.2M), Machinery Having Individual Functions ($16k), and Spices ($16k). Over the past 5 years the exports of Colombia to Brunei have increased at an annualized rate of 301%, from $25.4k in 2018 to $26.2M in 2023.

In 2023, Colombia did not export any services to Brunei.

Brunei-Colombia Trade: In 2023, Brunei exported $8.28M to Colombia. The main products that Brunei exported to Colombia were Nitrogenous Fertilizers ($8.22M), Machinery Having Individual Functions ($35.3k), and Electrical Control Boards ($13.2k). Over the past 5 years the exports of Brunei to Colombia have increased at an annualized rate of 82.6%,  from $408k in 2018 to $8.28M in 2023.

In 2023, Brunei did not export any services to Colombia.

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). That same year, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $26.2M to Brunei. The main products exported from Colombia to Brunei were Crude Petroleum ($26.2M), Machinery Having Individual Functions ($16k), and Spices ($16k). During the last 5 years the exports of Colombia to Brunei have increased at an annualized rate of 301%, from $25.4k in 2018 to $26.2M in 2023.

In 2018, Brunei exported $8.28M to Colombia. The main products exported from Brunei to Colombia were Nitrogenous Fertilizers ($8.22M), Machinery Having Individual Functions ($35.3k), and Electrical Control Boards ($13.2k). During the last 5 years the exports of Brunei to Colombia have increased at an annualized rate of 82.6%, from $408k in 2023 to $8.28M in 2018.

Exports from Colombia (Flag) to Brunei (Flag) (2023)

Exports from Brunei (Flag) to Colombia (Flag) (2023)

Latest Data

Trade between Colombia (Flag) and Brunei (Flag)

Colombia Exports

Brunei Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Brunei
Top Destination
Australia$2.25B

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

In 2023, countries that imported more from Colombia than Brunei included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

In 2023, countries that imported more from Brunei than Colombia included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

Difference in imports from Brunei (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - Brunei

Flow
Scale

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

During 2023, Colombia had a large net trade with Brunei in the exports of Mineral Products ($26.2M), Vegetable Products ($31k), and Machines ($30.7k).

During 2018, Brunei had a large net trade with Colombia in the exports of Chemical Products ($8.22M), Machines ($52.2k), and Metals ($5.61k).

Economic Complexity

Competitive Landscape

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

Product Space of Colombia (Flag) and Brunei (Flag) (2023)

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