Colombia / South Korea

Colombia-South Korea Trade: In 2023, Colombia exported $825M to South Korea. The main products that Colombia exported to South Korea were Coal Briquettes ($553M), Coffee ($136M), and Ferroalloys ($42.7M). Over the past 5 years the exports of Colombia to South Korea have increased at an annualized rate of 3.71%, from $688M in 2018 to $825M in 2023.

In 2023, Colombia did not export any services to South Korea.

South Korea-Colombia Trade: In 2023, South Korea exported $857M to Colombia. The main products that South Korea exported to Colombia were Cars ($139M), Large Construction Vehicles ($34.5M), and Alkylbenzenes and Alkylnaphthalenes ($32.2M). Over the past 5 years the exports of South Korea to Colombia have increased at an annualized rate of 0.042%,  from $855M in 2018 to $857M in 2023.

In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).