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2023
Flag → Flag
Exports $14.8BRnk 1 / 183
2023
Flag → Flag
Top Product $4.65BCrude Petroleum
2023
Flag → Flag
Exports $16BRnk 26 / 220
2023
Flag → Flag
Top Product $3.53BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC $6,947CURRENT US$
Rnk 104 / 195
2013-2023
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GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Colombia-United States Trade: In 2023, Colombia exported $14.8B to United States. The main products that Colombia exported to United States were Crude Petroleum ($4.65B), Cut Flowers ($1.62B), and Refined Petroleum ($1.44B). Over the past 5 years the exports of Colombia to United States have increased at an annualized rate of 4.24%, from $12B in 2018 to $14.8B in 2023.

In 2023, Colombia did not export any services to United States.

United States-Colombia Trade: In 2023, United States exported $16B to Colombia. The main products that United States exported to Colombia were Refined Petroleum ($3.53B), Corn ($1.11B), and Planes, Helicopters, and/or Spacecraft ($798M). Over the past 5 years the exports of United States to Colombia have increased at an annualized rate of 4.01%,  from $13.1B in 2018 to $16B in 2023.

In 2017, United States exported services to Colombia worth $6.17B, with Travel ($2.49B), Transportation ($1.39B), and Financial services ($740M) being the largest in terms of value.

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $14.8B to United States. The main products exported from Colombia to United States were Crude Petroleum ($4.65B), Cut Flowers ($1.62B), and Refined Petroleum ($1.44B). During the last 5 years the exports of Colombia to United States have increased at an annualized rate of 4.24%, from $12B in 2018 to $14.8B in 2023.

In 2018, United States exported $16B to Colombia. The main products exported from United States to Colombia were Refined Petroleum ($3.53B), Corn ($1.11B), and Planes, Helicopters, and/or Spacecraft ($798M). During the last 5 years the exports of United States to Colombia have increased at an annualized rate of 4.01%, from $13.1B in 2023 to $16B in 2018.

Exports from Colombia (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Colombia (Flag) (2023)

Latest Data

Trade between Colombia (Flag) and United States (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$14.8B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Colombia than United States included Bonaire ($202M), Guam ($310k), and American Samoa ($61.4k).

In 2023, countries that imported more from United States than Colombia included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - United States

Flow
Scale

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

During 2023, Colombia had a large net trade with United States in the exports of Mineral Products ($6.65B), Vegetable Products ($3.29B), and Precious Metals ($1.55B).

During 2018, United States had a large net trade with Colombia in the exports of Mineral Products ($4.24B), Chemical Products ($2.77B), and Vegetable Products ($1.68B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia United States+$1.3BCrude Petroleum
Top Product Potential United States Colombia+$142MCars

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

Product Space of Colombia (Flag) and United States (Flag) (2023)

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