2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC
$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195

About

Colombia-Zimbabwe Trade: In 2023, Colombia exported $11.3k to Zimbabwe. The main products that Colombia exported to Zimbabwe were Orthopedic Appliances ($6.73k), Industrial Food Preperation Machinery ($3.88k), and Other Engines ($645). Over the past 5 years the exports of Colombia to Zimbabwe have decreased at an annualized rate of 41.4%, from $162k in 2018 to $11.3k in 2023.

In 2023, Colombia did not export any services to Zimbabwe.

Zimbabwe-Colombia Trade: In 2023, Zimbabwe exported $24.4k to Colombia. The main products that Zimbabwe exported to Colombia were Vegetable Saps ($15.5k), Liquid Pumps ($6.14k), and Electrical Lighting and Signalling Equipment ($2.37k). Over the past 5 years the exports of Zimbabwe to Colombia have increased at an annualized rate of 24.9%,  from $8.06k in 2018 to $24.4k in 2023.

In 2023, Zimbabwe did not export any services to Colombia.

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). That same year, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $11.3k to Zimbabwe. The main products exported from Colombia to Zimbabwe were Orthopedic Appliances ($6.73k), Industrial Food Preperation Machinery ($3.88k), and Other Engines ($645). During the last 5 years the exports of Colombia to Zimbabwe have decreased at an annualized rate of 41.4%, from $162k in 2018 to $11.3k in 2023.

In 2018, Zimbabwe exported $24.4k to Colombia. The main products exported from Zimbabwe to Colombia were Vegetable Saps ($15.5k), Liquid Pumps ($6.14k), and Electrical Lighting and Signalling Equipment ($2.37k). During the last 5 years the exports of Zimbabwe to Colombia have increased at an annualized rate of 24.9%, from $8.06k in 2023 to $24.4k in 2018.

Exports from Colombia (Flag) to Zimbabwe (Flag) (2023)

Exports from Zimbabwe (Flag) to Colombia (Flag) (2023)

Latest Data

Trade between Colombia (Flag) and Zimbabwe (Flag)

Colombia Exports

Zimbabwe Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Zimbabwe
Top Destination
United Arab Emirates$4.1B

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

In 2023, countries that imported more from Colombia than Zimbabwe included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Zimbabwe than Colombia included United Arab Emirates ($4.1B), South Africa ($1.39B), and Mozambique ($391M).

Difference in imports from Zimbabwe (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - Zimbabwe

Flow
Scale

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

During 2023, Colombia had a large net trade with Zimbabwe in the exports of Instruments ($6.73k) and Machines ($4.52k).

During 2018, Zimbabwe had a large net trade with Colombia in the exports of Vegetable Products ($15.5k), Machines ($8.5k), and Textiles ($458).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Zimbabwe+$5.34kOrthopedic Appliances
Top Product Potential Zimbabwe Colombia+$3.87kBasketwork

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

Product Space of Colombia (Flag) and Zimbabwe (Flag) (2023)

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