2022
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GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH
-7.22%CURRENT US$
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2022
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 GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
13%CURRENT US$
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2022
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GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH
-18.1%CURRENT US$
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2022
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GDP PC
$106,149CURRENT US$
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2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Colombia-Norway In 2022, Colombia exported $329M to Norway. The main products that Colombia exported to Norway are Coal Briquettes ($202M), Coffee ($64.4M), and Coke ($49.6M). During the last 27 years the exports of Colombia to Norway have increased at an annualized rate of 7.41%, from $47.8M in 1995 to $329M in 2022.

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

Norway-Colombia In 2022, Norway exported $59.8M to Colombia. The main products that Norway exported to Colombia were Mixed Mineral or Chemical Fertilizers ($33.5M), Wood Pulp Lyes ($3.23M), and Electric Generating Sets ($2.53M). During the last 27 years the exports of Norway to Colombia have increased at an annualized rate of 2.99%, from $27M in 1995 to $59.8M in 2022.

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

Comparison In 2022,  Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $329M to Norway. The main products exported from Colombia to Norway were Coal Briquettes ($202M), Coffee ($64.4M), and Coke ($49.6M). During the last 27 years the exports of Colombia to Norway have increased at an annualized rate of 7.41%, from $47.8M in 1995 to $329M in 2022.

In 2022, Norway exported $59.8M to Colombia. The main products exported from Norway to Colombia were Mixed Mineral or Chemical Fertilizers ($33.5M), Wood Pulp Lyes ($3.23M), and Electric Generating Sets ($2.53M). During the last 27 years the exports of Norway to Colombia have increased at an annualized rate of 2.99%, from $27M in 1995 to $59.8M in 2022.

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

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

Latest Data

Trade between Colombia (Flag) and Norway (Flag)

Colombia Exports

Norway Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Colombia than Norway were United States ($15.6B), Panama ($5.84B), and Ecuador ($1.89B).

In 2021, countries that imported more from Norway than Colombia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Colombia - Norway

Flow
Scale

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

During 2022, Colombia had a large net trade with Norway in the exports of Mineral Products ($253M), Vegetable Products ($73.6M), and Plastics and Rubbers ($880k).

During 2022, Norway had a large net trade with Colombia in the exports of Chemical Products ($42M), Machines ($5.88M), and Metals ($2.87M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Colombia has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Colombia.

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

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