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Pricing

2022
Flag → Flag
Exports $2.24BRnk 57 / 223
2022
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Top Product $271MPackaged Medicaments
2022
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Exports $1.27BRnk 12 / 187
2022
Flag → Flag
Top Product $609MCoal Briquettes
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI 0.094Rnk 57 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Germany-Colombia In 2022, Germany exported $2.24B to Colombia. The main products that Germany exported to Colombia are Packaged Medicaments ($271M), Vaccines, blood, antisera, toxins and cultures ($154M), and Cars ($117M). During the last 27 years the exports of Germany to Colombia have increased at an annualized rate of 4.1%, from $758M in 1995 to $2.24B in 2022.

In 2022, Germany did not export any services to Colombia.

Colombia-Germany In 2022, Colombia exported $1.27B to Germany. The main products that Colombia exported to Germany were Coal Briquettes ($609M), Coffee ($280M), and Bananas ($97.1M). During the last 27 years the exports of Colombia to Germany have increased at an annualized rate of 1.85%, from $772M in 1995 to $1.27B in 2022.

In 2022, Colombia did not export any services to Germany.

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €129M and imported €161M from Colombia, resulting in a negative trade balance of €32.5M. Between January 2023 and January 2024 the exports of Germany have decreased by €-28.9M (-18.3%) from €158M to €129M, while imports decreased by €-83.4M (-34.1%) from €245M to €161M.

Trade In January 2024, the top exports of Germany to Colombia were Pharmaceutical products (€43.4M), Basic pharmaceutical products (€9.62M), Medical, surgical equipment, orthopaedic apparatus (€6.79M), Fertilizers (€6.14M), and Semi-finished products of copper and copper... (€5.21M). In January 2024 the top imports of Germany from Colombia were Coal and coal briquettes (€180M), Coffee (€24.2M), Tropical and subtropical fruits (€20.2M), Sugar beets, sugar and sugar products (€4.28M), and Other ores and ashes of metals (€3.43M).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€22M), Rhineland-Pfalz (€13.1M), Baden-Württemberg (€12.9M), Bavaria (€10.9M), and Hesse (€10.6M), while imports destinations were mainly North Rhine-Westphalia (€39.1M), Baden-Württemberg (€27.9M), Hamburg (€21.2M), and Bremen (€12.8M).

Growth In January 2024, the decrease in Germany's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Motor cars and motor caravans (€-4.76M or -50%), Other prefabricated chemicals (€-3.84M or -44%), and Other machinery (€-2.5M or -35.6%). In January 2024, the decrease in Germany's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Tropical and subtropical fruits (€-6.11M or -23.2%), Coffee (€-1.27M or -4.99%), and Other prefabricated chemicals (€-253k or -98.1%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-28.9M(-18.3%)
IMPORT GROWTH (January 2023 - January 2024)€-83.4M(-34.1%)
MAIN EXPORTER (January 2024)North Rhine-Westphalia€22M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Colombia and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $2.24B to Colombia. The main products exported from Germany to Colombia were Packaged Medicaments ($271M), Vaccines, blood, antisera, toxins and cultures ($154M), and Cars ($117M). During the last 27 years the exports of Germany to Colombia have increased at an annualized rate of 4.1%, from $758M in 1995 to $2.24B in 2022.

In 2022, Colombia exported $1.27B to Germany. The main products exported from Colombia to Germany were Coal Briquettes ($609M), Coffee ($280M), and Bananas ($97.1M). During the last 27 years the exports of Colombia to Germany have increased at an annualized rate of 1.85%, from $772M in 1995 to $1.27B in 2022.

Exports from Germany (Flag) to Colombia (Flag) (2022)

Exports from Colombia (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Colombia
Top DestinationUnited States$15.6B

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

In 2021, countries that imported more from Germany than Colombia were United States ($153B), France ($120B), and China ($109B).

In 2021, countries that imported more from Colombia than Germany were Panama ($5.84B), Ecuador ($1.89B), and Venezuela ($632M).

Difference in imports from Colombia (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Colombia

Flow
Scale

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

During 2022, Germany had a large net trade with Colombia in the exports of Chemical Products ($793M), Machines ($483M), and Transportation ($285M).

During 2022, Colombia had a large net trade with Germany in the exports of Mineral Products ($675M), Vegetable Products ($400M), and Plastics and Rubbers ($51.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Colombia (Flag) (2022)

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