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2022
Flag → Flag
Exports $13.4MRnk 82 / 187
2022
Flag → Flag
Top Product $6.3MFerroalloys
2022
Flag → Flag
Exports $4.48MRnk 98 / 188
2022
Flag → Flag
Top Product $1.29MPeat
2022
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Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
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GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Colombia-Estonia Trade: In 2022, Colombia exported $13.4M to Estonia. The main products that Colombia exported to Estonia were Ferroalloys ($6.3M), Coffee ($2.27M), and Crude Petroleum ($977k). Over the past 5 years the exports of Colombia to Estonia have increased at an annualized rate of 21%, from $5.18M in 2017 to $13.4M in 2022.

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

Estonia-Colombia Trade: In 2022, Estonia exported $4.48M to Colombia. The main products that Estonia exported to Colombia were Peat ($1.29M), Broadcasting Equipment ($256k), and Glaziers Putty ($251k). Over the past 5 years the exports of Estonia to Colombia have decreased at an annualized rate of 7.42%,  from $6.59M in 2017 to $4.48M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $13.4M to Estonia. The main products exported from Colombia to Estonia were Ferroalloys ($6.3M), Coffee ($2.27M), and Crude Petroleum ($977k). During the last 5 years the exports of Colombia to Estonia have increased at an annualized rate of 21%, from $5.18M in 2017 to $13.4M in 2022.

In 2017, Estonia exported $4.48M to Colombia. The main products exported from Estonia to Colombia were Peat ($1.29M), Broadcasting Equipment ($256k), and Glaziers Putty ($251k). During the last 5 years the exports of Estonia to Colombia have decreased at an annualized rate of 7.42%, from $6.59M in 2022 to $4.48M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Estonia (Flag)

Colombia Exports

Estonia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$15.6B
Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Colombia included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Colombia - Estonia

Flow
Scale

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

During 2022, Colombia had a large net trade with Estonia in the exports of Metals ($6.3M), Vegetable Products ($3.79M), and Foodstuffs ($1.55M).

During 2017, Estonia had a large net trade with Colombia in the exports of Mineral Products ($1.38M), Machines ($1.35M), and Instruments ($524k).

Economic Complexity

Competitive Landscape

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

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

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