Colombia (COL) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Colombia-Italy In 2022, Colombia exported $991M to Italy. The main products that Colombia exported to Italy are Gold ($466M), Coal Briquettes ($131M), and Bananas ($127M). During the last 27 years the exports of Colombia to Italy have increased at an annualized rate of 6.19%, from $196M in 1995 to $991M in 2022.

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

Italy-Colombia In 2022, Italy exported $1.09B to Colombia. The main products that Italy exported to Colombia were Packaged Medicaments ($78M), Jewellery ($32.1M), and Machinery Having Individual Functions ($28M). During the last 27 years the exports of Italy to Colombia have increased at an annualized rate of 3.73%, from $405M in 1995 to $1.09B in 2022.

In 2002, Italy exported services to Colombia worth $15.7M, with Travel ($11.5M), Transportation ($2.1M), and Insurance services ($1.05M) being the largest in terms of value.

Comparison In 2022, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $991M to Italy. The main products exported from Colombia to Italy were Gold ($466M), Coal Briquettes ($131M), and Bananas ($127M). During the last 27 years the exports of Colombia to Italy have increased at an annualized rate of 6.19%, from $196M in 1995 to $991M in 2022.

In 2022, Italy exported $1.09B to Colombia. The main products exported from Italy to Colombia were Packaged Medicaments ($78M), Jewellery ($32.1M), and Machinery Having Individual Functions ($28M). During the last 27 years the exports of Italy to Colombia have increased at an annualized rate of 3.73%, from $405M in 1995 to $1.09B in 2022.

Exports from Colombia () to Italy () (2022)

Exports from Italy () to Colombia () (2022)

Latest Data

Trade between Colombia () and Italy ()

Colombia Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Italy
Top DestinationGermany$78.5B

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

In 2021, countries that imported more from Colombia than Italy were Panama ($5.84B), Ecuador ($1.89B), and Venezuela ($632M).

In 2021, countries that imported more from Italy than Colombia were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

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

Comparative Advantage Colombia - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Colombia had a large net trade with Italy in the exports of Precious Metals ($472M), Vegetable Products ($214M), and Mineral Products ($131M).

During 2022, Italy had a large net trade with Colombia in the exports of Machines ($399M), Chemical Products ($199M), and Foodstuffs ($78.6M).

Service Trade

Bilateral Service Trade

Ita Year

2002

2001

2000

In 2002, Italy exported services to Colombia worth $15.7M, with Travel ($11.5M), Transportation ($2.1M), and Insurance services ($1.05M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy () to Colombia () (2002)

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

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Historical Data

Bilateral Trade by Products

Exports from Colombia () to Italy () (2022)

Exports from Italy () to Colombia () (2022)

Latest Data

Trade between Colombia () and Italy ()

Colombia Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage Colombia - Italy

Service Trade

Bilateral Service Trade

Services Exports from Italy () to Colombia () (2002)

Economic Complexity

Competitive Landscape

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

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