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Pricing

2022
Flag → Flag
Exports $58MRnk 73 / 138
2022
Flag → Flag
Top Product $33.9MEthylene Polymers
2022
Flag → Flag
Exports $151MRnk 45 / 187
2022
Flag → Flag
Top Product $81.2MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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 $30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 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

Saudi Arabia-Colombia Trade: In 2022, Saudi Arabia exported $58M to Colombia. The main products that Saudi Arabia exported to Colombia were Ethylene Polymers ($33.9M), Propylene Polymers ($13.1M), and Mixed Mineral or Chemical Fertilizers ($3.01M). Over the past 5 years the exports of Saudi Arabia to Colombia have increased at an annualized rate of 4.29%, from $47M in 2017 to $58M in 2022.

In 2022, Saudi Arabia did not export any services to Colombia.

Colombia-Saudi Arabia Trade: In 2022, Colombia exported $151M to Saudi Arabia. The main products that Colombia exported to Saudi Arabia were Refined Petroleum ($81.2M), Bovine ($36.7M), and Coffee ($21M). Over the past 5 years the exports of Colombia to Saudi Arabia have increased at an annualized rate of 49.7%,  from $20.2M in 2017 to $151M in 2022.

In 2022, Colombia did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $58M to Colombia. The main products exported from Saudi Arabia to Colombia were Ethylene Polymers ($33.9M), Propylene Polymers ($13.1M), and Mixed Mineral or Chemical Fertilizers ($3.01M). During the last 5 years the exports of Saudi Arabia to Colombia have increased at an annualized rate of 4.29%, from $47M in 2017 to $58M in 2022.

In 2017, Colombia exported $151M to Saudi Arabia. The main products exported from Colombia to Saudi Arabia were Refined Petroleum ($81.2M), Bovine ($36.7M), and Coffee ($21M). During the last 5 years the exports of Colombia to Saudi Arabia have increased at an annualized rate of 49.7%, from $20.2M in 2022 to $151M in 2017.

Exports from Saudi Arabia (Flag) to Colombia (Flag) (2022)

Exports from Colombia (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Colombia (Flag)

Saudi Arabia Exports

Colombia Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$68B
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Saudi Arabia than Colombia included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Colombia than Saudi Arabia included Panama ($5.84B), Ecuador ($1.89B), and Mexico ($1.73B).

Difference in imports from Colombia (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Colombia

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Colombia in the exports of Plastics and Rubbers ($48.5M), Chemical Products ($7.18M), and Stone And Glass ($986k).

During 2017, Colombia had a large net trade with Saudi Arabia in the exports of Mineral Products ($81.2M), Animal Products ($43.9M), and Vegetable Products ($22.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Colombia+$18.3MEthylene Polymers
Top Product Potential Colombia Saudi Arabia+$21.2MRefined 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 Saudi Arabia and Colombia. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Colombia (Flag) (2022)

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