2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 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
$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195

About

Colombia-Greece Trade: In 2023, Colombia exported $21.4M to Greece. The main products that Colombia exported to Greece were Coffee ($12.7M), Bananas ($2.46M), and Scrap Aluminium ($2.1M). Over the past 5 years the exports of Colombia to Greece have increased at an annualized rate of 0.84%, from $20.5M in 2018 to $21.4M in 2023.

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

Greece-Colombia Trade: In 2023, Greece exported $23.5M to Colombia. The main products that Greece exported to Colombia were Other Processed Fruits and Nuts ($7.73M), Packaged Medicaments ($4.59M), and Beauty Products ($1.3M). Over the past 5 years the exports of Greece to Colombia have increased at an annualized rate of 12.7%,  from $12.9M in 2018 to $23.5M in 2023.

In 2003, Greece exported services to Colombia worth $505k, with Travel ($480k), Personal, cultural, and recreational services ($12.6k), and Other business services ($12.6k) being the largest in terms of value.

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $21.4M to Greece. The main products exported from Colombia to Greece were Coffee ($12.7M), Bananas ($2.46M), and Scrap Aluminium ($2.1M). During the last 5 years the exports of Colombia to Greece have increased at an annualized rate of 0.84%, from $20.5M in 2018 to $21.4M in 2023.

In 2018, Greece exported $23.5M to Colombia. The main products exported from Greece to Colombia were Other Processed Fruits and Nuts ($7.73M), Packaged Medicaments ($4.59M), and Beauty Products ($1.3M). During the last 5 years the exports of Greece to Colombia have increased at an annualized rate of 12.7%, from $12.9M in 2023 to $23.5M in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and Greece (Flag)

Colombia Exports

Greece Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Greece
Top Destination
Italy$6.21B

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

In 2023, countries that imported more from Colombia than Greece included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

In 2023, countries that imported more from Greece than Colombia included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Colombia - Greece

Flow
Scale

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

During 2023, Colombia had a large net trade with Greece in the exports of Vegetable Products ($15.1M), Metals ($3.15M), and Textiles ($914k).

During 2018, Greece had a large net trade with Colombia in the exports of Foodstuffs ($9.9M), Chemical Products ($7.66M), and Metals ($1.68M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Greece+$6.98MCoffee
Top Product Potential Greece Colombia+$6.04MPackaged Medicaments

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

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

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