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2023
Flag → Flag
Exports $13.7BRnk 42 / 208
2023
Flag → Flag
Top Product $1.62BBroadcasting Equipment
2023
Flag → Flag
Exports $2.5BRnk 4 / 183
2023
Flag → Flag
Top Product $1.07BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
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GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
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GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

China-Colombia Trade: In 2023, China exported $13.7B to Colombia. The main products that China exported to Colombia were Broadcasting Equipment ($1.62B), Computers ($738M), and Semiconductor Devices ($404M). Over the past 5 years the exports of China to Colombia have increased at an annualized rate of 5.48%, from $10.5B in 2018 to $13.7B in 2023.

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

Colombia-China Trade: In 2023, Colombia exported $2.5B to China. The main products that Colombia exported to China were Crude Petroleum ($1.07B), Coal Briquettes ($461M), and Ferroalloys ($308M). Over the past 5 years the exports of Colombia to China have decreased at an annualized rate of 9.5%,  from $4.12B in 2018 to $2.5B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $1.37B and imported $329M from Colombia, resulting in a positive trade balance of $1.04B. Between December 2023 and December 2024 the exports of China have increased by $386M (39.3%) from $982M to $1.37B, while imports decreased by $-438M (-57.1%) from $767M to $329M.

Trade In December 2024, the top exports of China to Colombia were Telephones ($107M), Computers ($40.3M), Coated Flat-Rolled Iron ($24M), Rubber Tires ($23.2M), and Motorcycles and cycles ($22.3M). In December 2024 the top imports of China from Colombia were Crude Petroleum ($245M), Coal Briquettes ($71.4M), Coffee ($35.3M), Petroleum Coke ($13.4M), and Ferroalloys ($12.5M).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($277M), Guangdong Province ($248M), Jiangsu Province ($199M), Shandong Province ($112M), and Shanghai Province ($68.5M), while imports destinations were mainly Beijing ($256M), Zhejiang Province ($15.9M), Fujian Province ($13.8M), Shanxi Province ($8.96M), and Hainan Province ($7.01M).

Growth In December 2024, the increase in China's year-by-year exports to Colombia was explained primarily by an increase in product exports in Air Conditioners ($11.1M or 169%), Nitrogenous Fertilizers ($9.04M or 521%), and Delivery Trucks ($7.38M or 396%). In December 2024, the decrease in China's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Crude Petroleum ($-288M or -54%), Ferroalloys ($-30.3M or -70.7%), and Copper Ore ($-16.7M or -99.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$386M(39.3%)
IMPORT GROWTH (December 2023 - December 2024)$-438M(-57.1%)
MAIN EXPORTER (December 2024)Zhejiang Province$277M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Colombia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $13.7B to Colombia. The main products exported from China to Colombia were Broadcasting Equipment ($1.62B), Computers ($738M), and Semiconductor Devices ($404M). During the last 5 years the exports of China to Colombia have increased at an annualized rate of 5.48%, from $10.5B in 2018 to $13.7B in 2023.

In 2018, Colombia exported $2.5B to China. The main products exported from Colombia to China were Crude Petroleum ($1.07B), Coal Briquettes ($461M), and Ferroalloys ($308M). During the last 5 years the exports of Colombia to China have decreased at an annualized rate of 9.5%, from $4.12B in 2023 to $2.5B in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from China than Colombia included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Colombia than China included Panama ($4.66B), Bonaire ($202M), and Guam ($310k).

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

Comparative Advantage China - Colombia

Flow
Scale

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

During 2023, China had a large net trade with Colombia in the exports of Machines ($5.82B), Metals ($1.53B), and Chemical Products ($1.28B).

During 2018, Colombia had a large net trade with China in the exports of Mineral Products ($1.72B), Metals ($479M), and Vegetable Products ($141M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Colombia+$282MTelephones
Top Product Potential Colombia China+$1.16BCrude 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 China and Colombia. This means that a dot/product with the flag of China indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over China.

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

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