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Pricing

2022
Flag → Flag
Exports $19.4BRnk 22 / 219
2022
Flag → Flag
Top Product $5.31BRefined Petroleum
2022
Flag → Flag
Exports $15.6BRnk 1 / 187
2022
Flag → Flag
Top Product $6.05BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

United States-Colombia Trade: In 2022, United States exported $19.4B to Colombia. The main products that United States exported to Colombia were Refined Petroleum ($5.31B), Corn ($1.04B), and Soybean Meal ($766M). Over the past 5 years the exports of United States to Colombia have increased at an annualized rate of 8.95%, from $12.6B in 2017 to $19.4B in 2022.

In 2017, United States exported services to Colombia worth $6.17B, with Travel ($2.49B), Transportation ($1.39B), and Financial services ($740M) being the largest in terms of value.

Colombia-United States Trade: In 2022, Colombia exported $15.6B to United States. The main products that Colombia exported to United States were Crude Petroleum ($6.05B), Coffee ($1.78B), and Cut Flowers ($1.64B). Over the past 5 years the exports of Colombia to United States have increased at an annualized rate of 6.91%,  from $11.1B in 2017 to $15.6B in 2022.

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

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Company data: In 2023, leading companies such as Rothfos (1) and SKF Group (1) were at the forefront of exporting goods from Colombia to the United States. Conversely, Other (2) were notable for importing products to Colombia from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $1.79B and imported $1.47B from Colombia, resulting in a positive trade balance of $321M. Between August 2023 and August 2024 the exports of United States have increased by $372M (26.2%) from $1.42B to $1.79B, while imports increased by $593k (0.04%) from $1.47B to $1.47B.

Trade In August 2024, the top exports of United States to Colombia were Refined Petroleum ($228M), Crude Petroleum ($74.5M), Soybean Meal ($64.3M), Aircraft Parts ($51.9M), and Commodities not elsewhere specified ($35.4M). In August 2024 the top imports of United States from Colombia were Crude Petroleum ($338M), Coffee ($158M), Cut Flowers ($137M), Gold ($111M), and Refined Petroleum ($85.6M).

Origins In August 2024 the exports of United States were mainly from Texas ($758M), Florida ($245M), Louisiana ($229M), California ($54.7M), and Georgia ($46.8M), while imports destinations were mainly Texas ($573M), Florida ($318M), California ($78.8M), Puerto Rico ($67.5M), and New Jersey ($63.6M).

Growth In August 2024, the increase in United States's year-by-year exports to Colombia was explained primarily by an increase in product exports in Starch Residue ($20.6M or 377%), Alcohol > 80% ABV ($17.2M or 17.1k%), and Cars ($15.3M or 198%). In August 2024, the increase in United States's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Refined Petroleum ($42.6M or 99.2%), Gold ($32.9M or 42%), and Aluminium Structures ($10.9M or 47.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$372M(26.2%)
IMPORT GROWTH (August 2023 - August 2024)$593k(0.04%)
MAIN EXPORTER (August 2024)Texas$758M

This section shows exports and imports data at subnational level for United States. 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 States over time.

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

For full datasets download visit Bulk Download page.

Explore Colombia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $19.4B to Colombia. The main products exported from United States to Colombia were Refined Petroleum ($5.31B), Corn ($1.04B), and Soybean Meal ($766M). During the last 5 years the exports of United States to Colombia have increased at an annualized rate of 8.95%, from $12.6B in 2017 to $19.4B in 2022.

In 2017, Colombia exported $15.6B to United States. The main products exported from Colombia to United States were Crude Petroleum ($6.05B), Coffee ($1.78B), and Cut Flowers ($1.64B). During the last 5 years the exports of Colombia to United States have increased at an annualized rate of 6.91%, from $11.1B in 2022 to $15.6B in 2017.

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

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

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from United States than Colombia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Colombia than United States included Bonaire ($394M), Brunei ($230M), and North Korea ($1.63M).

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

Comparative Advantage United States - Colombia

Flow
Scale

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

During 2022, United States had a large net trade with Colombia in the exports of Mineral Products ($5.95B), Chemical Products ($3.29B), and Machines ($2.05B).

During 2017, Colombia had a large net trade with United States in the exports of Mineral Products ($7.64B), Vegetable Products ($3.84B), and Precious Metals ($1.06B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Colombia+$142MCars
Top Product Potential Colombia United States+$1.3BCrude 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 United States and Colombia. This means that a dot/product with the flag of United States 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 States.

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

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