2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Colombia-Algeria Trade: In 2022, Colombia exported $1.42M to Algeria. The main products that Colombia exported to Algeria were Bananas ($898k), Coffee ($468k), and Raw Sugar ($29k). Over the past 5 years the exports of Colombia to Algeria have increased at an annualized rate of 2.61%, from $1.25M in 2017 to $1.42M in 2022.

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

Algeria-Colombia Trade: In 2022, Algeria exported $47.9M to Colombia. The main products that Algeria exported to Colombia were Nitrogenous Fertilizers ($17.2M), Semi-Finished Iron ($14.9M), and Cement ($11.3M). Over the past 5 years the exports of Algeria to Colombia have increased at an annualized rate of 93.2%,  from $1.78M in 2017 to $47.9M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $1.42M to Algeria. The main products exported from Colombia to Algeria were Bananas ($898k), Coffee ($468k), and Raw Sugar ($29k). During the last 5 years the exports of Colombia to Algeria have increased at an annualized rate of 2.61%, from $1.25M in 2017 to $1.42M in 2022.

In 2017, Algeria exported $47.9M to Colombia. The main products exported from Algeria to Colombia were Nitrogenous Fertilizers ($17.2M), Semi-Finished Iron ($14.9M), and Cement ($11.3M). During the last 5 years the exports of Algeria to Colombia have increased at an annualized rate of 93.2%, from $1.78M in 2022 to $47.9M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Algeria (Flag)

Colombia Exports

Algeria Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Colombia than Algeria included United States ($15.6B), Panama ($5.84B), and Ecuador ($1.89B).

In 2022, countries that imported more from Algeria than Colombia included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

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

Comparative Advantage Colombia - Algeria

Flow
Scale

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

During 2022, Colombia had a large net trade with Algeria in the exports of Vegetable Products ($1.37M), Foodstuffs ($29k), and Chemical Products ($12.8k).

During 2017, Algeria had a large net trade with Colombia in the exports of Chemical Products ($21.7M), Metals ($14.9M), and Mineral Products ($11.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Algeria+$1.49MCoffee
Top Product Potential Algeria Colombia+$9.24MNitrogenous Fertilizers

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

Product Space of Colombia (Flag) and Algeria (Flag) (2022)

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