2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Brunei-Colombia Trade: In 2023, Brunei exported $8.28M to Colombia. The main products that Brunei exported to Colombia were Nitrogenous Fertilizers ($8.22M), Machinery Having Individual Functions ($35.3k), and Electrical Control Boards ($13.2k). Over the past 5 years the exports of Brunei to Colombia have increased at an annualized rate of 82.6%, from $408k in 2018 to $8.28M in 2023.

In 2023, Brunei did not export any services to Colombia.

Colombia-Brunei Trade: In 2023, Colombia exported $26.2M to Brunei. The main products that Colombia exported to Brunei were Crude Petroleum ($26.2M), Machinery Having Individual Functions ($16k), and Spices ($16k). Over the past 5 years the exports of Colombia to Brunei have increased at an annualized rate of 301%,  from $25.4k in 2018 to $26.2M in 2023.

In 2023, Colombia did not export any services to Brunei.

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $8.28M to Colombia. The main products exported from Brunei to Colombia were Nitrogenous Fertilizers ($8.22M), Machinery Having Individual Functions ($35.3k), and Electrical Control Boards ($13.2k). During the last 5 years the exports of Brunei to Colombia have increased at an annualized rate of 82.6%, from $408k in 2018 to $8.28M in 2023.

In 2018, Colombia exported $26.2M to Brunei. The main products exported from Colombia to Brunei were Crude Petroleum ($26.2M), Machinery Having Individual Functions ($16k), and Spices ($16k). During the last 5 years the exports of Colombia to Brunei have increased at an annualized rate of 301%, from $25.4k in 2023 to $26.2M in 2018.

Exports from Brunei (Flag) to Colombia (Flag) (2023)

Exports from Colombia (Flag) to Brunei (Flag) (2023)

Latest Data

Trade between Brunei (Flag) and Colombia (Flag)

Brunei Exports

Colombia Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Brunei than Colombia included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

In 2023, countries that imported more from Colombia than Brunei included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

Difference in imports from Colombia (Flag) and Brunei (Flag) (2023)

Comparative Advantage Brunei - Colombia

Flow
Scale

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

During 2023, Brunei had a large net trade with Colombia in the exports of Chemical Products ($8.22M), Machines ($52.2k), and Metals ($5.61k).

During 2018, Colombia had a large net trade with Brunei in the exports of Mineral Products ($26.2M), Vegetable Products ($31k), and Machines ($30.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brunei and Colombia. This means that a dot/product with the flag of Brunei indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Brunei.

Product Space of Brunei (Flag) and Colombia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with