Flag Colombia / India Flag

2020
FlagFlag
Exports
: $961M, Rnk 9 / 189

2020
FlagFlag
Top Product
: $421M, Crude Petroleum

2020
FlagFlag
Exports
: $843M, Rnk 51 / 218

2020
FlagFlag
Top Product
: $79.1M, Motorcycles

2020
Flag
Economic Complexity (ECI)
: ECI 0.14, Rnk 52 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.56, Rnk 40 / 127

2020
Flag  
GDP
: $271B, CURRENT US$
Rnk 40 / 195

2010-2020
Flag
GDP GROWTH
: -5.28%, CURRENT US$
Rnk 167 / 195

2020
Flag
 GDP
: $2.66T, CURRENT US$
Rnk 6 / 195

2010-2020
Flag
GDP GROWTH
: 58.8%, CURRENT US$
Rnk 46 / 195

2020
Flag
GDP PC 
: $5,335, CURRENT US$
Rnk 99 / 195

2010-2020
Flag
GDP PC GROWTH
: -15.8%, CURRENT US$
Rnk 167 / 195

2020
Flag
GDP PC
: $1,928, CURRENT US$
Rnk 150 / 195

2010-2020
Flag
GDP PC GROWTH
: 42%, CURRENT US$
Rnk 38 / 195

Colombia-India In 2020, Colombia exported $961M to India. The main products that Colombia exported to India are Crude Petroleum ($421M), Coal Briquettes ($343M), and Coke ($87.4M). During the last 25 years the exports of Colombia to India have increased at an annualized rate of 19.6%, from $11M in 1995 to $961M in 2020.

In 2020, Colombia did not export any services to India.

India-Colombia In 2020, India exported $843M to Colombia . The main products that India exported to Colombia were Motorcycles ($79.1M), Non-Retail Pure Cotton Yarn ($48.8M), and Packaged Medicaments ($43.5M). During the last 25 years the exports of India to Colombia have increased at an annualized rate of 14%, from $31.8M in 1995 to $843M in 2020.

In 2020, India did not export any services to Colombia.

Comparison In 2020,  Colombia ranked 52 in the Economic Complexity Index (ECI 0.14), and 61 in total exports ($32.2B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.56), and 18 in total exports ($284B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2020, Colombia exported $961M to India. The main products exported from Colombia to India were Crude Petroleum ($421M), Coal Briquettes ($343M), and Coke ($87.4M). During the last 25 years the exports of Colombia to India have increased at an annualized rate of 19.6%, from $11M in 1995 to $961M in 2020.

In 2020, India exported $843M to Colombia. The main products exported from India to Colombia were Motorcycles ($79.1M), Non-Retail Pure Cotton Yarn ($48.8M), and Packaged Medicaments ($43.5M). During the last 25 years the exports of India to Colombia have increased at an annualized rate of 14%, from $31.8M in 1995 to $843M in 2020.

Colombia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Colombia
Top Destination
: United States, $9.55B

India
Top Destination
: United States, $49.7B

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

In 2019, countries that imported more from Colombia than India were Panama ($1.43B), Ecuador ($1.51B), and Saint Lucia ($266M).

In 2019, countries that imported more from India than Colombia were United States ($49.7B), United Arab Emirates ($18.1B), and China ($18.5B).

Comparative Advantage Colombia - India

#permalink to section
Flow

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

During 2020, Colombia had a large net trade with India in the exports of Mineral Products ($852M), Plastics and Rubbers ($46.1M), and Precious Metals ($26.8M).

During 2020, India had a large net trade with Colombia in the exports of Chemical Products ($261M), Transportation ($152M), and Textiles ($146M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Colombia and India (using the HS6 product classification and the last year reported).

In 2019, the products from Colombia that paid the highest import tariffs to enter India were Bovine carcasses and half carcasses, fresh or chilled (80%)and Bovine cuts bone in, fresh or chilled (80%).

In 2019, the products from India that paid the highest import tariffs to enter Colombia were Food preparations nes (150%)and Grape wines, sparkling (150%).

*The tariffs present between Colombia and India are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Colombia has comparative advantage over India. Similarly, the more red a dot/product is, the more India has comparative advantage over Colombia.