2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 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
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Colombia-United States Trade: In 2022, Colombia exported $15.6B to United States. The main products that Colombia exported to United States were Crude Petroleum ($6.05B), Coffee ($1.78B), and Cut Flowers ($1.64B). Over the past 5 years the exports of Colombia to United States have increased at an annualized rate of 6.91%, from $11.1B in 2017 to $15.6B in 2022.

In 2022, Colombia did not export any services to United States.

United States-Colombia Trade: In 2022, United States exported $19.4B to Colombia. The main products that United States exported to Colombia were Refined Petroleum ($5.31B), Corn ($1.04B), and Soybean Meal ($766M). Over the past 5 years the exports of United States to Colombia have increased at an annualized rate of 8.95%,  from $12.6B in 2017 to $19.4B in 2022.

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 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $15.6B to United States. The main products exported from Colombia to United States were Crude Petroleum ($6.05B), Coffee ($1.78B), and Cut Flowers ($1.64B). During the last 5 years the exports of Colombia to United States have increased at an annualized rate of 6.91%, from $11.1B in 2017 to $15.6B in 2022.

In 2017, United States exported $19.4B to Colombia. The main products exported from United States to Colombia were Refined Petroleum ($5.31B), Corn ($1.04B), and Soybean Meal ($766M). During the last 5 years the exports of United States to Colombia have increased at an annualized rate of 8.95%, from $12.6B in 2022 to $19.4B in 2017.

Exports from Colombia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Colombia (Flag) (2022)

Latest Data

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

Colombia Exports

United States Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
United States
Top Destination
Canada$308B

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 2022, countries that imported more from Colombia than United States included Bonaire ($394M), Brunei ($230M), and North Korea ($1.63M).

In 2022, countries that imported more from United States than Colombia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Colombia (Flag) (2022)

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 2022, Colombia had a large net trade with United States in the exports of Mineral Products ($7.64B), Vegetable Products ($3.84B), and Precious Metals ($1.06B).

During 2017, United States had a large net trade with Colombia in the exports of Mineral Products ($5.95B), Chemical Products ($3.29B), and Machines ($2.05B).

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) (2022)

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