2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Colombia-Hong Kong Trade: In 2022, Colombia exported $201M to Hong Kong. The main products that Colombia exported to Hong Kong were Gold ($136M), Precious Stones ($16.4M), and Pharmaceutical Animal Products ($11M). Over the past 5 years the exports of Colombia to Hong Kong have increased at an annualized rate of 17.7%, from $89.2M in 2017 to $201M in 2022.

In 2022, Colombia did not export any services to Hong Kong.

Hong Kong-Colombia Trade: In 2022, Hong Kong exported $82.5M to Colombia. The main products that Hong Kong exported to Colombia were Textile Footwear ($7.35M), Broadcasting Equipment ($4.27M), and Calculators ($4.02M). Over the past 5 years the exports of Hong Kong to Colombia have increased at an annualized rate of 1.81%,  from $64.2M in 2017 to $82.5M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $201M to Hong Kong. The main products exported from Colombia to Hong Kong were Gold ($136M), Precious Stones ($16.4M), and Pharmaceutical Animal Products ($11M). During the last 5 years the exports of Colombia to Hong Kong have increased at an annualized rate of 17.7%, from $89.2M in 2017 to $201M in 2022.

In 2017, Hong Kong exported $82.5M to Colombia. The main products exported from Hong Kong to Colombia were Textile Footwear ($7.35M), Broadcasting Equipment ($4.27M), and Calculators ($4.02M). During the last 5 years the exports of Hong Kong to Colombia have increased at an annualized rate of 1.81%, from $64.2M in 2022 to $82.5M in 2017.

Exports from Colombia (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Colombia (Flag) (2022)

Latest Data

Trade between Colombia (Flag) and Hong Kong (Flag)

Colombia Exports

Hong Kong Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Colombia than Hong Kong included United States ($15.6B), Panama ($5.84B), and Turkey ($2.27B).

In 2022, countries that imported more from Hong Kong than Colombia included China ($23.4B), India ($14.3B), and Switzerland ($4.11B).

Difference in imports from Hong Kong (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - Hong Kong

Flow
Scale

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

During 2022, Colombia had a large net trade with Hong Kong in the exports of Precious Metals ($154M), Animal Products ($25.7M), and Vegetable Products ($6.79M).

During 2017, Hong Kong had a large net trade with Colombia in the exports of Machines ($26.1M), Metals ($14.6M), and Textiles ($8.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Hong Kong+$61.2MGold
Top Product Potential Hong Kong Colombia+$9.02MTelephones

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

Product Space of Colombia (Flag) and Hong Kong (Flag) (2022)

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