2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Czechia-Colombia Trade: In 2023, Czechia exported $121M to Colombia. The main products that Czechia exported to Colombia were Cars ($28.5M), Plastic Pipes ($5.94M), and Computers ($4.66M). Over the past 5 years the exports of Czechia to Colombia have increased at an annualized rate of 12.2%, from $67.7M in 2018 to $121M in 2023.

In 2002, Czechia exported services to Colombia worth $330k, with Transportation ($309k), Other business services ($14.7k), and Computer and information services ($6.29k) being the largest in terms of value.

Colombia-Czechia Trade: In 2023, Colombia exported $55.4M to Czechia. The main products that Colombia exported to Czechia were Bananas ($28.4M), Coal Briquettes ($8.7M), and Cut Flowers ($6.41M). Over the past 5 years the exports of Colombia to Czechia have increased at an annualized rate of 1.46%,  from $45.9M in 2018 to $55.4M in 2023.

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

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $121M to Colombia. The main products exported from Czechia to Colombia were Cars ($28.5M), Plastic Pipes ($5.94M), and Computers ($4.66M). During the last 5 years the exports of Czechia to Colombia have increased at an annualized rate of 12.2%, from $67.7M in 2018 to $121M in 2023.

In 2018, Colombia exported $55.4M to Czechia. The main products exported from Colombia to Czechia were Bananas ($28.4M), Coal Briquettes ($8.7M), and Cut Flowers ($6.41M). During the last 5 years the exports of Colombia to Czechia have increased at an annualized rate of 1.46%, from $45.9M in 2023 to $55.4M in 2018.

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

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

Latest Data

Trade between Czechia (Flag) and Colombia (Flag)

Czechia Exports

Colombia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Czechia than Colombia included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Colombia than Czechia included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

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

Comparative Advantage Czechia - Colombia

Flow
Scale

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

During 2023, Czechia had a large net trade with Colombia in the exports of Machines ($45.2M), Transportation ($31M), and Plastics and Rubbers ($9.11M).

During 2018, Colombia had a large net trade with Czechia in the exports of Vegetable Products ($38.9M), Mineral Products ($8.7M), and Foodstuffs ($4.42M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Colombia+$33MCars
Top Product Potential Colombia Czechia+$6.07MCoal Briquettes

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

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

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