Colombia (COL) and Burundi (BDI) Trade | The Observatory of Economic Complexity

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Colombia-Burundi Trade: In 2022, Colombia exported $28k to Burundi. The main products that Colombia exported to Burundi were Other Agricultural Machinery ($15k) and Medical Instruments ($13k). Over the past 5 years the exports of Colombia to Burundi have increased at an annualized rate of 17.8%, from $12.3k in 2017 to $28k in 2022.

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

Burundi-Colombia Trade: In 2022, Burundi exported $2.29k to Colombia. The main products that Burundi exported to Colombia were Gas and Liquid Flow Measuring Instruments ($1.11k), Transmissions ($1.08k), and Metal Mountings ($108). Over the past 5 years the exports of Burundi to Colombia have decreased at an annualized rate of 4.51%, from $3.98k in 2017 to $2.29k in 2022.

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

Comparison In 2022, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $28k to Burundi. The main products exported from Colombia to Burundi were Other Agricultural Machinery ($15k) and Medical Instruments ($13k). During the last 5 years the exports of Colombia to Burundi have increased at an annualized rate of 17.8%, from $12.3k in 2017 to $28k in 2022.

In 2017, Burundi exported $2.29k to Colombia. The main products exported from Burundi to Colombia were Gas and Liquid Flow Measuring Instruments ($1.11k), Transmissions ($1.08k), and Metal Mountings ($108). During the last 5 years the exports of Burundi to Colombia have decreased at an annualized rate of 4.51%, from $3.98k in 2022 to $2.29k in 2017.

Exports from Colombia () to Burundi () (2022)

Exports from Burundi () to Colombia () (2022)

Latest Data

Trade between Colombia () and Burundi ()

Colombia Exports

Date

Burundi Exports

Date

Feb 2017

Jan 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Burundi
Top DestinationUnited Arab Emirates$59.9M

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

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

In 2022, countries that imported more from Burundi than Colombia included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

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

Comparative Advantage Colombia - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Colombia had a large net trade with Burundi in the exports of Machines ($15k) and Instruments ($13k).

During 2017, Burundi had a large net trade with Colombia in the exports of Instruments ($1.11k), Machines ($1.08k), and Metals ($108).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia Burundi+$18.5kMedical Instruments

Top Product Potential Burundi Colombia+$3.5kTransmissions

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Colombia () to Burundi () (2022)

Exports from Burundi () to Colombia () (2022)

Latest Data

Trade between Colombia () and Burundi ()

Colombia Exports

Burundi Exports

Market Competitiveness

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

Comparative Advantage Colombia - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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