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2022
Flag → Flag
Exports $839MRnk 52 / 224
2022
Flag → Flag
Top Product $316MRefined Petroleum
2022
Flag → Flag
Exports $639MRnk 19 / 187
2022
Flag → Flag
Top Product $160MBananas
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

United Kingdom-Colombia Trade: In 2022, United Kingdom exported $839M to Colombia. The main products that United Kingdom exported to Colombia were Refined Petroleum ($316M), Hard Liquor ($113M), and Packaged Medicaments ($59.5M). Over the past 5 years the exports of United Kingdom to Colombia have increased at an annualized rate of 6.82%, from $603M in 2017 to $839M in 2022.

In 2009, United Kingdom exported services to Colombia worth $264M, with Services not allocated ($218M), Travel ($34M), and Transportation ($8.08M) being the largest in terms of value.

Colombia-United Kingdom Trade: In 2022, Colombia exported $639M to United Kingdom. The main products that Colombia exported to United Kingdom were Bananas ($160M), Coke ($103M), and Coal Briquettes ($95.5M). Over the past 5 years the exports of Colombia to United Kingdom have increased at an annualized rate of 6.14%,  from $474M in 2017 to $639M in 2022.

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

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £24.8M and imported £33.9M from Colombia, resulting in a negative trade balance of £9.06M. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-30.9M (-55.4%) from £55.7M to £24.8M, while imports decreased by £-12.1M (-26.3%) from £45.9M to £33.9M.

Trade In August 2024, the top exports of United Kingdom to Colombia were Refined Petroleum (£25.8M), Hard Liquor (£5.21M), Cars (£4.75M), Packaged Medicaments (£2.3M), and Pesticides (£1.96M). In August 2024 the top imports of United Kingdom from Colombia were Bananas (£14.9M), Coffee (£5.94M), Cut Flowers (£4.66M), Coal Briquettes (£2.88M), and Tropical Fruits (£2.23M).

Origins In August 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£7.07M), Grangemouth (£6.72M), London Gateway (£5.74M), Felixstowe (£1.28M), and Southampton (£1.04M), while imports destinations were mainly London Gateway (£9.31M), Southampton (£7.3M), Belfast (£5.64M), London Heathrow Airport (£3.05M), and Portsmouth (£2.75M).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Refined Petroleum (£-21.4M or -45.3%), Packaged Medicaments (£-1.18M or -34%), and Other Construction Vehicles (£-690k or -99.7%). In August 2024, the decrease in United Kingdom's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Coal Briquettes (£-4.75M or -62.3%), Soap (£-255k or -69.4%), and Cocoa Beans (£-62.1k or -93.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-30.9M(-55.4%)
IMPORT GROWTH (August 2023 - August 2024)£-12.1M(-26.3%)
MAIN EXPORTER (August 2024)London Heathrow Airport£7.07M

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

To check Colombia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $839M to Colombia. The main products exported from United Kingdom to Colombia were Refined Petroleum ($316M), Hard Liquor ($113M), and Packaged Medicaments ($59.5M). During the last 5 years the exports of United Kingdom to Colombia have increased at an annualized rate of 6.82%, from $603M in 2017 to $839M in 2022.

In 2017, Colombia exported $639M to United Kingdom. The main products exported from Colombia to United Kingdom were Bananas ($160M), Coke ($103M), and Coal Briquettes ($95.5M). During the last 5 years the exports of Colombia to United Kingdom have increased at an annualized rate of 6.14%, from $474M in 2022 to $639M in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from United Kingdom than Colombia included United States ($61.8B), Germany ($40.6B), and Netherlands ($41.9B).

In 2022, countries that imported more from Colombia than United Kingdom included Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

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

Comparative Advantage United Kingdom - Colombia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Colombia in the exports of Mineral Products ($321M), Chemical Products ($146M), and Foodstuffs ($125M).

During 2017, Colombia had a large net trade with United Kingdom in the exports of Vegetable Products ($335M), Mineral Products ($215M), and Foodstuffs ($20M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Colombia+$64.1MRefined Petroleum
Top Product Potential Colombia United Kingdom+$56.9MCoal 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 United Kingdom and Colombia. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Colombia (Flag) (2022)

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