2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 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 
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 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

Brunei-Colombia Trade: In 2022, Brunei exported $36.5k to Colombia. The main products that Brunei exported to Colombia were Machinery Having Individual Functions ($22.1k), Other Engines ($6.15k), and Knit Sweaters ($4.12k). Over the past 5 years the exports of Brunei to Colombia have increased at an annualized rate of 11.5%, from $21.2k in 2017 to $36.5k in 2022.

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

Colombia-Brunei Trade: In 2022, Colombia exported $230M to Brunei. The main products that Colombia exported to Brunei were Crude Petroleum ($230M), Packaged Medicaments ($23.4k), and Coffee ($15k). Over the past 5 years the exports of Colombia to Brunei have increased at an annualized rate of 382%,  from $88.6k in 2017 to $230M in 2022.

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

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. 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, Brunei exported $36.5k to Colombia. The main products exported from Brunei to Colombia were Machinery Having Individual Functions ($22.1k), Other Engines ($6.15k), and Knit Sweaters ($4.12k). During the last 5 years the exports of Brunei to Colombia have increased at an annualized rate of 11.5%, from $21.2k in 2017 to $36.5k in 2022.

In 2017, Colombia exported $230M to Brunei. The main products exported from Colombia to Brunei were Crude Petroleum ($230M), Packaged Medicaments ($23.4k), and Coffee ($15k). During the last 5 years the exports of Colombia to Brunei have increased at an annualized rate of 382%, from $88.6k in 2022 to $230M in 2017.

Exports from Brunei (Flag) to Colombia (Flag) (2022)

Exports from Colombia (Flag) to Brunei (Flag) (2022)

Latest Data

Trade between Brunei (Flag) and Colombia (Flag)

Brunei Exports

Colombia Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Colombia
Top Destination
United States$15.6B

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 2022, countries that imported more from Brunei than Colombia included Australia ($2.66B), Singapore ($1.97B), and Japan ($2.32B).

In 2022, countries that imported more from Colombia than Brunei included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia (Flag) and Brunei (Flag) (2022)

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 2022, Brunei had a large net trade with Colombia in the exports of Machines ($31.4k), Textiles ($4.12k), and Plastics and Rubbers ($846).

During 2017, Colombia had a large net trade with Brunei in the exports of Mineral Products ($230M), Chemical Products ($24.5k), and Textiles ($17.3k).

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) (2022)

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