Colombia (COL) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Colombia-Germany Trade: In 2022, Colombia exported $1.27B to Germany. The main products that Colombia exported to Germany were Coal Briquettes ($609M), Coffee ($280M), and Bananas ($97.1M). Over the past 5 years the exports of Colombia to Germany have increased at an annualized rate of 16%, from $602M in 2017 to $1.27B in 2022.

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

Germany-Colombia Trade: In 2022, Germany exported $2.24B to Colombia. The main products that Germany exported to Colombia were Packaged Medicaments ($271M), Vaccines, blood, antisera, toxins and cultures ($154M), and Cars ($117M). Over the past 5 years the exports of Germany to Colombia have increased at an annualized rate of 4.7%, from $1.78B in 2017 to $2.24B in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $1.27B to Germany. The main products exported from Colombia to Germany were Coal Briquettes ($609M), Coffee ($280M), and Bananas ($97.1M). During the last 5 years the exports of Colombia to Germany have increased at an annualized rate of 16%, from $602M in 2017 to $1.27B in 2022.

In 2017, Germany exported $2.24B to Colombia. The main products exported from Germany to Colombia were Packaged Medicaments ($271M), Vaccines, blood, antisera, toxins and cultures ($154M), and Cars ($117M). During the last 5 years the exports of Germany to Colombia have increased at an annualized rate of 4.7%, from $1.78B in 2022 to $2.24B in 2017.

Exports from Colombia () to Germany () (2022)

Exports from Germany () to Colombia () (2022)

Latest Data

Trade between Colombia () and Germany ()

Colombia Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from Colombia than Germany included Panama ($5.84B), Ecuador ($1.89B), and Venezuela ($632M).

In 2022, countries that imported more from Germany than Colombia included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Colombia - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Colombia had a large net trade with Germany in the exports of Mineral Products ($675M), Vegetable Products ($400M), and Plastics and Rubbers ($51.5M).

During 2017, Germany had a large net trade with Colombia in the exports of Chemical Products ($793M), Machines ($483M), and Transportation ($285M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia Germany+$118MCoal Briquettes

Top Product Potential Germany Colombia+$127MCars

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 Germany. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Colombia.

About

Historical Data

Bilateral Trade by Products

Exports from Colombia () to Germany () (2022)

Exports from Germany () to Colombia () (2022)

Latest Data

Trade between Colombia () and Germany ()

Colombia Exports

Germany Exports

Market Competitiveness

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

Comparative Advantage Colombia - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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