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Pricing

2021
Flag → Flag
Exports $110kRnk 163 / 0
2021
Flag → Flag
Exports $900kRnk 83 / 127
2021
Flag → Flag
Top Product $214kSynthetic Rubber
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Colombia-Iran Trade: In 2021, Colombia exported $110k to Iran. The main products that Colombia exported to Iran were N/A. Over the past 5 years the exports of Colombia to Iran have decreased at an annualized rate of 53.3%, from $4.96M in 2016 to $110k in 2021.

In 2021, Colombia did not export any services to Iran.

Iran-Colombia Trade: In 2021, Iran exported $900k to Colombia. The main products that Iran exported to Colombia were Synthetic Rubber ($214k), Raw Plastic Sheeting ($160k), and Interchangeable Tool Parts ($100k). Over the past 5 years the exports of Iran to Colombia have decreased at an annualized rate of 3.62%,  from $1.08M in 2016 to $900k in 2021.

In 2021, Iran did not export any services to Colombia.

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Colombia exported $110k to Iran. There were not main exports from Colombia to Iran in 2021. During the last 5 years the exports of Colombia to Iran have decreased at an annualized rate of 53.3%, from $4.96M in 2016 to $110k in 2021.

In 2017, Iran exported $900k to Colombia. The main products exported from Iran to Colombia were Synthetic Rubber ($214k), Raw Plastic Sheeting ($160k), and Interchangeable Tool Parts ($100k). During the last 5 years the exports of Iran to Colombia have decreased at an annualized rate of 3.62%, from $1.08M in 2022 to $900k in 2017.

Exports from Colombia (Flag) to Iran (Flag) (2022)

Exports from Iran (Flag) to Colombia (Flag) (2022)

Latest Data

Trade between Colombia (Flag) and Iran (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$15.6B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Colombia than Iran included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Iran than Colombia included China ($5.72B), Kuwait ($960M), and Turkey ($3.17B).

Difference in imports from Iran (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - Iran

Flow
Scale

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

During 2021, Colombia had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Colombia in the exports of Plastics and Rubbers ($390k), Textiles ($229k), and Metals ($100k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Iran+$4.23kPalm Oil
Top Product Potential Iran Colombia+$304kRaw Plastic Sheeting

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

Product Space of Colombia (Flag) and Iran (Flag) (2022)

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