Flag Colombia / Norway Flag

2019
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Exports
: $78.1M, Rnk 43 / 188

2019
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Top Product
: $30.2M, Coal Briquettes

2019
FlagFlag
Exports
: $31.5M, Rnk 82 / 208

2019
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Top Product
: $11.1M, Mixed Mineral or Chemical Fertilizers

2019
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Economic Complexity (ECI)
: ECI 0.26, Rnk 56 / 146

2019
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Economic Complexity (ECI)
: ECI 0.79, Rnk 38 / 146

2019
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GDP
: $324B, CURRENT US$
Rnk 38 / 187

2009-2019
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GDP GROWTH
: 39.3%, CURRENT US$
Rnk 112 / 187

2019
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 GDP
: $403B, CURRENT US$
Rnk 29 / 187

2009-2019
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GDP GROWTH
: 4.44%, CURRENT US$
Rnk 170 / 187

2019
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GDP PC 
: $6,429, CURRENT US$
Rnk 93 / 187

2009-2019
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GDP PC GROWTH
: 23.8%, CURRENT US$
Rnk 106 / 187

2019
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GDP PC
: $75,420, CURRENT US$
Rnk 6 / 187

2009-2019
Flag
GDP PC GROWTH
: -5.7%, CURRENT US$
Rnk 170 / 187

Colombia-Norway In 2019, Colombia exported $78.1M to Norway. The main products that Colombia exported to Norway are Coal Briquettes ($30.2M), Coffee ($28.7M), and Coke ($11.7M). During the last 24 years the exports of Colombia to Norway have increased at an annualized rate of 2.3%, from $45.3M in 1995 to $78.1M in 2019.

In 2019, Colombia did not export any services to Norway.

Norway-Colombia In 2019, Norway exported $31.5M to Colombia . The main products that Norway exported to Colombia were Mixed Mineral or Chemical Fertilizers ($11.1M), Other Coloring Matter ($2.11M), and Electrical Transformers ($1.83M). During the last 24 years the exports of Norway to Colombia have increased at an annualized rate of 0.68%, from $26.8M in 1995 to $31.5M in 2019.

In 2019, Norway did not export any services to Colombia.

Comparison In 2019,  Colombia ranked 56 in the Economic Complexity Index (ECI 0.26), and 54 in total exports ($40.5B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.79), and 35 in total exports ($109B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Colombia exported $78.1M to Norway. The main products exported from Colombia to Norway were Coal Briquettes ($30.2M), Coffee ($28.7M), and Coke ($11.7M). During the last 24 years the exports of Colombia to Norway have increased at an annualized rate of 2.3%, from $45.3M in 1995 to $78.1M in 2019.

In 2019, Norway exported $31.5M to Colombia. The main products exported from Norway to Colombia were Mixed Mineral or Chemical Fertilizers ($11.1M), Other Coloring Matter ($2.11M), and Electrical Transformers ($1.83M). During the last 24 years the exports of Norway to Colombia have increased at an annualized rate of 0.68%, from $26.8M in 1995 to $31.5M in 2019.

Colombia Exports

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Norway Exports

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Market Competitiveness

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Measure

Colombia
Top Destination
: United States, $12.4B

Norway
Top Destination
: United Kingdom, $20B

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 2019, countries that imported more from Colombia than Norway were United States ($12.4B), Panama ($2.35B), and Ecuador ($1.96B).

In 2019, countries that imported more from Norway than Colombia were United Kingdom ($20B), Germany ($15.5B), and Sweden ($10.1B).

Comparative Advantage Colombia - Norway

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Depth

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

During 2019, Colombia had a large net trade with Norway in the exports of Mineral Products ($44.8M), Vegetable Products ($31.2M), and Metals ($365k).

During 2019, Norway had a large net trade with Colombia in the exports of Chemical Products ($18.4M), Machines ($5.45M), and Instruments ($1.72M).

Tariff Section

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This section shows import tariffs for products traded between Colombia and Norway (using the HS6 product classification and the last year reported).

In 2018, the products from Colombia that paid the highest import tariffs to enter Norway were Bovine carcasses and half carcasses, fresh or chilled (80%) and Bovine cuts bone in, fresh or chilled (80%).

In 2018, the products from Norway that paid the highest import tariffs to enter Colombia were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

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Economic Complexity

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Competitive Landscape

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