2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 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
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Colombia-Kazakhstan Trade: In 2023, Colombia exported $16.9M to Kazakhstan. The main products that Colombia exported to Kazakhstan were Cut Flowers ($16.2M), Frozen Bovine Meat ($133k), and Coffee ($130k). Over the past 5 years the exports of Colombia to Kazakhstan have increased at an annualized rate of 41.9%, from $2.94M in 2018 to $16.9M in 2023.

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

Kazakhstan-Colombia Trade: In 2023, Kazakhstan exported $2.35M to Colombia. The main products that Kazakhstan exported to Colombia were Ferroalloys ($1.45M), Oxometallic or Peroxometallic Acid Salts ($325k), and Surveying Equipment ($262k). Over the past 5 years the exports of Kazakhstan to Colombia have decreased at an annualized rate of 9.35%,  from $3.85M in 2018 to $2.35M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $16.9M to Kazakhstan. The main products exported from Colombia to Kazakhstan were Cut Flowers ($16.2M), Frozen Bovine Meat ($133k), and Coffee ($130k). During the last 5 years the exports of Colombia to Kazakhstan have increased at an annualized rate of 41.9%, from $2.94M in 2018 to $16.9M in 2023.

In 2018, Kazakhstan exported $2.35M to Colombia. The main products exported from Kazakhstan to Colombia were Ferroalloys ($1.45M), Oxometallic or Peroxometallic Acid Salts ($325k), and Surveying Equipment ($262k). During the last 5 years the exports of Kazakhstan to Colombia have decreased at an annualized rate of 9.35%, from $3.85M in 2023 to $2.35M in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and Kazakhstan (Flag)

Colombia Exports

Kazakhstan Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Kazakhstan
Top Destination
China$15.2B

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

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

In 2023, countries that imported more from Kazakhstan than Colombia included United Kingdom ($14.3B), China ($15.2B), and Russia ($9.78B).

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

Comparative Advantage Colombia - Kazakhstan

Flow
Scale

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

During 2023, Colombia had a large net trade with Kazakhstan in the exports of Vegetable Products ($16.5M), Animal Products ($133k), and Machines ($85.6k).

During 2018, Kazakhstan had a large net trade with Colombia in the exports of Metals ($1.72M), Chemical Products ($325k), and Instruments ($277k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Kazakhstan+$743kCut Flowers
Top Product Potential Kazakhstan Colombia+$579kIron Pipes

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

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

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