Colombia (COL) and India (IND) Trade | OEC - The Observatory of Economic Complexity

About

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

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

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.

Latest Data

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Colombia Exports

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Date

India Exports

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Date

Market Competitiveness

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Measure

SectionYear

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

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Flow

Year

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

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Tariffs

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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

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Competitive Landscape

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Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Colombia Exports

India Exports

Market Competitiveness

Comparative Advantage Colombia - India

Tariff Section

Tariffs

Economic Complexity

Competitive Landscape

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