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2022
Flag → Flag
Exports $156MRnk 44 / 187
2022
Flag → Flag
Top Product $62.1MCoffee
2022
Flag → Flag
Exports $344MRnk 70 / 218
2022
Flag → Flag
Top Product $26.1MRubber Apparel
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Colombia-Malaysia Trade: In 2022, Colombia exported $156M to Malaysia. The main products that Colombia exported to Malaysia were Coffee ($62.1M), Coke ($32.3M), and Scrap Aluminium ($15.6M). Over the past 5 years the exports of Colombia to Malaysia have decreased at an annualized rate of 6.81%, from $222M in 2017 to $156M in 2022.

In 2022, Colombia did not export any services to Malaysia.

Malaysia-Colombia Trade: In 2022, Malaysia exported $233M to Colombia. The main products that Malaysia exported to Colombia were Rubber Apparel ($26.1M), Broadcasting Equipment ($17.2M), and Glass Working Machines ($14.3M). Over the past 5 years the exports of Malaysia to Colombia have increased at an annualized rate of 7.22%,  from $164M in 2017 to $233M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $156M to Malaysia. The main products exported from Colombia to Malaysia were Coffee ($62.1M), Coke ($32.3M), and Scrap Aluminium ($15.6M). During the last 5 years the exports of Colombia to Malaysia have decreased at an annualized rate of 20.1%, from $4.6M in 2005 to $156M in 2022.

In 2017, Malaysia exported $233M to Colombia. The main products exported from Malaysia to Colombia were Rubber Apparel ($26.1M), Broadcasting Equipment ($17.2M), and Glass Working Machines ($14.3M). During the last 5 years the exports of Malaysia to Colombia have increased at an annualized rate of 42.2%, from $59.2M in 2010 to $233M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Malaysia (Flag)

Colombia Exports

Malaysia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$15.6B
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Colombia than Malaysia included Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

In 2022, countries that imported more from Malaysia than Colombia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Colombia - Malaysia

Flow
Scale

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

During 2022, Colombia had a large net trade with Malaysia in the exports of Vegetable Products ($62.3M), Mineral Products ($43.6M), and Metals ($29.2M).

During 2017, Malaysia had a large net trade with Colombia in the exports of Machines ($93.1M), Plastics and Rubbers ($40.3M), and Chemical Products ($22.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Malaysia+$22.1MCoal Briquettes
Top Product Potential Malaysia Colombia+$31.1MTelephones

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

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

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