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2022
Flag → Flag
Exports $348MRnk 52 / 216
2022
Flag → Flag
Top Product $76.2MPalm Oil
2022
Flag → Flag
Exports $242MRnk 35 / 187
2022
Flag → Flag
Top Product $201MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 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

Indonesia-Colombia Trade: In 2022, Indonesia exported $348M to Colombia. The main products that Indonesia exported to Colombia were Palm Oil ($76.2M), Textile Footwear ($30.9M), and Motorcycles and cycles ($21.8M). Over the past 5 years the exports of Indonesia to Colombia have increased at an annualized rate of 15.1%, from $173M in 2017 to $348M in 2022.

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

Colombia-Indonesia Trade: In 2022, Colombia exported $242M to Indonesia. The main products that Colombia exported to Indonesia were Crude Petroleum ($201M), Coal Briquettes ($29M), and Carboxylic Acids ($2.68M). Over the past 5 years the exports of Colombia to Indonesia have increased at an annualized rate of 68.8%,  from $10.5M in 2017 to $242M in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $348M to Colombia. The main products exported from Indonesia to Colombia were Palm Oil ($76.2M), Textile Footwear ($30.9M), and Motorcycles and cycles ($21.8M). During the last 5 years the exports of Indonesia to Colombia have increased at an annualized rate of 15.1%, from $173M in 2017 to $348M in 2022.

In 2017, Colombia exported $242M to Indonesia. The main products exported from Colombia to Indonesia were Crude Petroleum ($201M), Coal Briquettes ($29M), and Carboxylic Acids ($2.68M). During the last 5 years the exports of Colombia to Indonesia have increased at an annualized rate of 68.8%, from $10.5M in 2022 to $242M in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Colombia (Flag)

Indonesia Exports

Colombia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Indonesia than Colombia included China ($67.7B), Japan ($26.6B), and India ($25.3B).

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

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

Comparative Advantage Indonesia - Colombia

Flow
Scale

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

During 2022, Indonesia had a large net trade with Colombia in the exports of Animal and Vegetable Bi-Products ($82.3M), Footwear and Headwear ($49.3M), and Textiles ($48.2M).

During 2017, Colombia had a large net trade with Indonesia in the exports of Mineral Products ($231M), Chemical Products ($7.88M), and Animal Hides ($861k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Colombia+$15.4MPalm Oil
Top Product Potential Colombia Indonesia+$114MCrude Petroleum

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

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

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