2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
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GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Mexico-Colombia In 2022, Mexico exported $3.6B to Colombia. The main products that Mexico exported to Colombia are Video Displays ($381M), Cars ($368M), and Tractors ($229M). During the last 27 years the exports of Mexico to Colombia have increased at an annualized rate of 7.33%, from $533M in 1995 to $3.6B in 2022.

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

Colombia-Mexico In 2022, Colombia exported $1.73B to Mexico. The main products that Colombia exported to Mexico were Coal Briquettes ($325M), Coke ($262M), and Refined Petroleum ($85.2M). During the last 27 years the exports of Colombia to Mexico have increased at an annualized rate of 11.3%, from $96M in 1995 to $1.73B in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $3.6B to Colombia. The main products exported from Mexico to Colombia were Video Displays ($381M), Cars ($368M), and Tractors ($229M). During the last 27 years the exports of Mexico to Colombia have increased at an annualized rate of 7.33%, from $533M in 1995 to $3.6B in 2022.

In 2022, Colombia exported $1.73B to Mexico. The main products exported from Colombia to Mexico were Coal Briquettes ($325M), Coke ($262M), and Refined Petroleum ($85.2M). During the last 27 years the exports of Colombia to Mexico have increased at an annualized rate of 11.3%, from $96M in 1995 to $1.73B in 2022.

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

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

Latest Data

Trade between Mexico (Flag) and Colombia (Flag)

Mexico Exports

Colombia Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Colombia
Top Destination
United States$15.6B

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

In 2021, countries that imported more from Mexico than Colombia were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Colombia than Mexico were Panama ($5.84B), Netherlands ($3.67B), and Turkey ($2.27B).

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

Comparative Advantage Mexico - Colombia

Flow
Scale

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

During 2022, Mexico had a large net trade with Colombia in the exports of Machines ($893M), Transportation ($795M), and Metals ($593M).

During 2022, Colombia had a large net trade with Mexico in the exports of Mineral Products ($697M), Chemical Products ($210M), and Plastics and Rubbers ($184M).

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 Mexico has comparative advantage over Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Mexico.

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

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