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2023
Flag → Flag
Exports $23.3MRnk 76 / 183
2023
Flag → Flag
Top Product $14.1MCoal Briquettes
2023
Flag → Flag
Exports $216MRnk 66 / 213
2023
Flag → Flag
Top Product $23.5MTextile Footwear
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Colombia-Indonesia Trade: In 2023, Colombia exported $23.3M to Indonesia. The main products that Colombia exported to Indonesia were Coal Briquettes ($14.1M), Carboxylic Acids ($2.12M), and Bandages ($1.45M). Over the past 5 years the exports of Colombia to Indonesia have increased at an annualized rate of 4.08%, from $19M in 2018 to $23.3M in 2023.

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

Indonesia-Colombia Trade: In 2023, Indonesia exported $216M to Colombia. The main products that Indonesia exported to Colombia were Textile Footwear ($23.5M), Rubber Footwear ($16.1M), and Leather Footwear ($9.88M). Over the past 5 years the exports of Indonesia to Colombia have increased at an annualized rate of 0.31%,  from $213M in 2018 to $216M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $23.3M to Indonesia. The main products exported from Colombia to Indonesia were Coal Briquettes ($14.1M), Carboxylic Acids ($2.12M), and Bandages ($1.45M). During the last 5 years the exports of Colombia to Indonesia have increased at an annualized rate of 4.08%, from $19M in 2018 to $23.3M in 2023.

In 2018, Indonesia exported $216M to Colombia. The main products exported from Indonesia to Colombia were Textile Footwear ($23.5M), Rubber Footwear ($16.1M), and Leather Footwear ($9.88M). During the last 5 years the exports of Indonesia to Colombia have increased at an annualized rate of 0.31%, from $213M in 2023 to $216M in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and Indonesia (Flag)

Colombia Exports

Indonesia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$14.8B
Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Colombia than Indonesia included Panama ($4.66B), Ecuador ($2.19B), and Chile ($1.16B).

In 2023, countries that imported more from Indonesia than Colombia included China ($70.7B), Japan ($23.7B), and India ($24B).

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

Comparative Advantage Colombia - Indonesia

Flow
Scale

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

During 2023, Colombia had a large net trade with Indonesia in the exports of Mineral Products ($14.1M), Chemical Products ($4.8M), and Machines ($2.09M).

During 2018, Indonesia had a large net trade with Colombia in the exports of Footwear and Headwear ($51.9M), Machines ($38.1M), and Textiles ($27.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Indonesia+$114MCrude Petroleum
Top Product Potential Indonesia Colombia+$15.4MPalm Oil

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

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

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