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2022
Flag → Flag
Exports $639MRnk 19 / 187
2022
Flag → Flag
Top Product $160MBananas
2022
Flag → Flag
Exports $839MRnk 52 / 224
2022
Flag → Flag
Top Product $316MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Colombia-United Kingdom Trade: In 2022, Colombia exported $639M to United Kingdom. The main products that Colombia exported to United Kingdom were Bananas ($160M), Coke ($103M), and Coal Briquettes ($95.5M). Over the past 5 years the exports of Colombia to United Kingdom have increased at an annualized rate of 6.14%, from $474M in 2017 to $639M in 2022.

In 2022, Colombia did not export any services to United Kingdom.

United Kingdom-Colombia Trade: In 2022, United Kingdom exported $839M to Colombia. The main products that United Kingdom exported to Colombia were Refined Petroleum ($316M), Hard Liquor ($113M), and Packaged Medicaments ($59.5M). Over the past 5 years the exports of United Kingdom to Colombia have increased at an annualized rate of 6.82%,  from $603M in 2017 to $839M in 2022.

In 2009, United Kingdom exported services to Colombia worth $264M, with Services not allocated ($218M), Travel ($34M), and Transportation ($8.08M) being the largest in terms of value.

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $639M to United Kingdom. The main products exported from Colombia to United Kingdom were Bananas ($160M), Coke ($103M), and Coal Briquettes ($95.5M). During the last 5 years the exports of Colombia to United Kingdom have increased at an annualized rate of 6.14%, from $474M in 2017 to $639M in 2022.

In 2017, United Kingdom exported $839M to Colombia. The main products exported from United Kingdom to Colombia were Refined Petroleum ($316M), Hard Liquor ($113M), and Packaged Medicaments ($59.5M). During the last 5 years the exports of United Kingdom to Colombia have increased at an annualized rate of 6.82%, from $603M in 2022 to $839M in 2017.

Exports from Colombia (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Colombia (Flag) (2022)

Latest Data

Trade between Colombia (Flag) and United Kingdom (Flag)

Colombia Exports

United Kingdom Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$15.6B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Colombia than United Kingdom included Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

In 2022, countries that imported more from United Kingdom than Colombia included United States ($61.8B), Germany ($40.6B), and Netherlands ($41.9B).

Difference in imports from United Kingdom (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - United Kingdom

Flow
Scale

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

During 2022, Colombia had a large net trade with United Kingdom in the exports of Vegetable Products ($335M), Mineral Products ($215M), and Foodstuffs ($20M).

During 2017, United Kingdom had a large net trade with Colombia in the exports of Mineral Products ($321M), Chemical Products ($146M), and Foodstuffs ($125M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia United Kingdom+$56.9MCoal Briquettes
Top Product Potential United Kingdom Colombia+$64.1MRefined 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 Colombia and United Kingdom. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Colombia.

Product Space of Colombia (Flag) and United Kingdom (Flag) (2022)

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