Colombia (COL) and Russia (RUS) Trade | The Observatory of Economic Complexity

About

Colombia-Russia In 2022, Colombia exported $128M to Russia. The main products that Colombia exported to Russia are Frozen Bovine Meat ($82.6M), Cut Flowers ($15.7M), and Coffee ($10.9M). During the last 27 years the exports of Colombia to Russia have increased at an annualized rate of 9.07%, from $12.3M in 1995 to $128M in 2022.

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

Russia-Colombia In 2022, Russia exported $402M to Colombia. The main products that Russia exported to Colombia were Mixed Mineral or Chemical Fertilizers ($145M), Nitrogenous Fertilizers ($77.2M), and Hot-Rolled Iron Bars ($26.2M). During the last 27 years the exports of Russia to Colombia have increased at an annualized rate of 7.04%, from $64M in 1995 to $402M in 2022.

In 2020, Russia exported services to Colombia worth $10.9M, with Transportation ($8.9M), Other business services ($1.42M), and Computer and information services ($402k) being the largest in terms of value.

Comparison In 2022, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $128M to Russia. The main products exported from Colombia to Russia were Frozen Bovine Meat ($82.6M), Cut Flowers ($15.7M), and Coffee ($10.9M). During the last 27 years the exports of Colombia to Russia have increased at an annualized rate of 9.07%, from $12.3M in 1995 to $128M in 2022.

In 2022, Russia exported $402M to Colombia. The main products exported from Russia to Colombia were Mixed Mineral or Chemical Fertilizers ($145M), Nitrogenous Fertilizers ($77.2M), and Hot-Rolled Iron Bars ($26.2M). During the last 27 years the exports of Russia to Colombia have increased at an annualized rate of 7.04%, from $64M in 1995 to $402M in 2022.

Exports from Colombia () to Russia () (2022)

Exports from Russia () to Colombia () (2022)

Latest Data

Trade between Colombia () and Russia ()

Colombia Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Colombia than Russia were Panama ($5.84B), Chile ($1.63B), and Ecuador ($1.89B).

In 2021, countries that imported more from Russia than Colombia were China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Colombia () (2022)

Comparative Advantage Colombia - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Colombia had a large net trade with Russia in the exports of Animal Products ($86M), Vegetable Products ($37M), and Foodstuffs ($3.6M).

During 2022, Russia had a large net trade with Colombia in the exports of Chemical Products ($238M), Metals ($112M), and Machines ($27.4M).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Colombia worth $10.9M, with Transportation ($8.9M), Other business services ($1.42M), and Computer and information services ($402k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Colombia () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Colombia () to Russia () (2022)

Exports from Russia () to Colombia () (2022)

Latest Data

Trade between Colombia () and Russia ()

Colombia Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Colombia () (2022)

Comparative Advantage Colombia - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to Colombia () (2020)

Economic Complexity

Competitive Landscape

Product Space of Colombia () and Russia () (2022)

Keep Exploring