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2023
Flag → Flag
Exports $2.31BRnk 56 / 220
2023
Flag → Flag
Top Product $355MPackaged Medicaments
2023
Flag → Flag
Exports $999MRnk 14 / 183
2023
Flag → Flag
Top Product $446MCoal Briquettes
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
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Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
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 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
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GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
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GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
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GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

Germany-Colombia Trade: In 2023, Germany exported $2.31B to Colombia. The main products that Germany exported to Colombia were Packaged Medicaments ($355M), Vaccines, blood, antisera, toxins and cultures ($202M), and Planes, Helicopters, and/or Spacecraft ($162M). Over the past 5 years the exports of Germany to Colombia have increased at an annualized rate of 1.67%, from $2.13B in 2018 to $2.31B in 2023.

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

Colombia-Germany Trade: In 2023, Colombia exported $999M to Germany. The main products that Colombia exported to Germany were Coal Briquettes ($446M), Coffee ($202M), and Bananas ($116M). Over the past 5 years the exports of Colombia to Germany have increased at an annualized rate of 7.3%,  from $702M in 2018 to $999M in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €141M and imported €131M from Colombia, resulting in a positive trade balance of €9.67M. Between November 2023 and November 2024 the exports of Germany have decreased by €-6.59M (-4.48%) from €147M to €141M, while imports decreased by €-4.5M (-3.32%) from €135M to €131M.

Trade In November 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 November 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 November 2024 the exports of Germany were mainly from North Rhine-Westphalia (€20.2M), Baden-Württemberg (€20.2M), Bavaria (€19.4M), Hesse (€10.5M), and Lower Saxony (€8.49M), while imports destinations were mainly North Rhine-Westphalia (€41.4M), Hamburg (€23M), Baden-Württemberg (€21.8M), Bremen (€13.5M), and Bavaria (€6.68M).

Growth In November 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 November 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

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-6.59M(-4.48%)
IMPORT GROWTH (November 2023 - November 2024)€-4.5M(-3.32%)
MAIN EXPORTER (November 2024)North Rhine-Westphalia€20.2M

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.

Explore Colombia and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $2.31B to Colombia. The main products exported from Germany to Colombia were Packaged Medicaments ($355M), Vaccines, blood, antisera, toxins and cultures ($202M), and Planes, Helicopters, and/or Spacecraft ($162M). During the last 5 years the exports of Germany to Colombia have increased at an annualized rate of 1.67%, from $2.13B in 2018 to $2.31B in 2023.

In 2018, Colombia exported $999M to Germany. The main products exported from Colombia to Germany were Coal Briquettes ($446M), Coffee ($202M), and Bananas ($116M). During the last 5 years the exports of Colombia to Germany have increased at an annualized rate of 7.3%, from $702M in 2023 to $999M in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Colombia
Top DestinationUnited States$14.8B

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 2023, countries that imported more from Germany than Colombia included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Colombia than Germany included Panama ($4.66B), Ecuador ($2.19B), and Venezuela ($673M).

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

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 2023, Germany had a large net trade with Colombia in the exports of Chemical Products ($893M), Machines ($480M), and Transportation ($338M).

During 2018, Colombia had a large net trade with Germany in the exports of Mineral Products ($517M), Vegetable Products ($361M), and Foodstuffs ($48.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Colombia+$127MCars
Top Product Potential Colombia Germany+$118MCoal 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 Germany and Colombia. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Germany.

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

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