2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
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GDP GROWTH
-4.87%CURRENT US$
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2023
Flag
 GDP
$551BCURRENT US$
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2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195
2023
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GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Colombia-Ireland Trade: In 2023, Colombia exported $148M to Ireland. The main products that Colombia exported to Ireland were Coal Briquettes ($133M), Coffee ($5.49M), and Tropical Fruits ($2.43M). Over the past 5 years the exports of Colombia to Ireland have increased at an annualized rate of 7.55%, from $103M in 2018 to $148M in 2023.

In 2023, Colombia did not export any services to Ireland.

Ireland-Colombia Trade: In 2023, Ireland exported $328M to Colombia. The main products that Ireland exported to Colombia were Vaccines, blood, antisera, toxins and cultures ($148M), Packaged Medicaments ($78M), and Orthopedic Appliances ($23.6M). Over the past 5 years the exports of Ireland to Colombia have increased at an annualized rate of 16%,  from $156M in 2018 to $328M in 2023.

In 2003, Ireland exported services to Colombia worth $6.32M, with Insurance services ($6.32M) being the largest in terms of value.

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $148M to Ireland. The main products exported from Colombia to Ireland were Coal Briquettes ($133M), Coffee ($5.49M), and Tropical Fruits ($2.43M). During the last 5 years the exports of Colombia to Ireland have increased at an annualized rate of 7.55%, from $103M in 2018 to $148M in 2023.

In 2018, Ireland exported $328M to Colombia. The main products exported from Ireland to Colombia were Vaccines, blood, antisera, toxins and cultures ($148M), Packaged Medicaments ($78M), and Orthopedic Appliances ($23.6M). During the last 5 years the exports of Ireland to Colombia have increased at an annualized rate of 16%, from $156M in 2023 to $328M in 2018.

Exports from Colombia (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to Colombia (Flag) (2023)

Latest Data

Trade between Colombia (Flag) and Ireland (Flag)

Colombia Exports

Ireland Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Ireland
Top Destination
United States$67.4B

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

In 2023, countries that imported more from Colombia than Ireland included Panama ($4.66B), Ecuador ($2.19B), and India ($2.51B).

In 2023, countries that imported more from Ireland than Colombia included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - Ireland

Flow
Scale

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

During 2023, Colombia had a large net trade with Ireland in the exports of Mineral Products ($133M), Vegetable Products ($9.09M), and Chemical Products ($1.83M).

During 2018, Ireland had a large net trade with Colombia in the exports of Chemical Products ($232M), Instruments ($36.3M), and Foodstuffs ($17.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Ireland+$4.37MCoffee
Top Product Potential Ireland Colombia+$40.4MPackaged Medicaments

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

Product Space of Colombia (Flag) and Ireland (Flag) (2023)

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