2022
Flag  
GDP
$344BCURRENT US$
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2012-2022
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GDP GROWTH
-7.22%CURRENT US$
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2022
Flag
 GDP
$522BCURRENT US$
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2012-2022
Flag
GDP GROWTH
99%CURRENT US$
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2022
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GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
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2022
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GDP PC
$54,660CURRENT US$
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2012-2022
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GDP PC GROWTH
64.9%CURRENT US$
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About

Colombia-Israel Trade: In 2022, Colombia exported $1.08B to Israel. The main products that Colombia exported to Israel were Coal Briquettes ($1.03B), Coffee ($27.7M), and Cut Flowers ($4.13M). Over the past 5 years the exports of Colombia to Israel have increased at an annualized rate of 28.7%, from $306M in 2017 to $1.08B in 2022.

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

Israel-Colombia Trade: In 2022, Israel exported $190M to Colombia. The main products that Israel exported to Colombia were Broadcasting Accessories ($23.6M), Broadcasting Equipment ($13.9M), and Aircraft Parts ($10.1M). Over the past 5 years the exports of Israel to Colombia have increased at an annualized rate of 6.36%,  from $140M in 2017 to $190M in 2022.

In 2007, Israel exported services to Colombia worth $1.87M, with Computer and information services ($1.4M) and Royalties and license fees ($469k) 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $1.08B to Israel. The main products exported from Colombia to Israel were Coal Briquettes ($1.03B), Coffee ($27.7M), and Cut Flowers ($4.13M). During the last 5 years the exports of Colombia to Israel have increased at an annualized rate of 28.7%, from $306M in 2017 to $1.08B in 2022.

In 2017, Israel exported $190M to Colombia. The main products exported from Israel to Colombia were Broadcasting Accessories ($23.6M), Broadcasting Equipment ($13.9M), and Aircraft Parts ($10.1M). During the last 5 years the exports of Israel to Colombia have increased at an annualized rate of 6.36%, from $140M in 2022 to $190M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Israel (Flag)

Colombia Exports

Israel Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Colombia than Israel included Panama ($5.84B), Ecuador ($1.89B), and Netherlands ($3.67B).

In 2022, countries that imported more from Israel than Colombia included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage Colombia - Israel

Flow
Scale

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

During 2022, Colombia had a large net trade with Israel in the exports of Mineral Products ($1.03B), Vegetable Products ($32.1M), and Precious Metals ($4.08M).

During 2017, Israel had a large net trade with Colombia in the exports of Machines ($80.8M), Chemical Products ($33.2M), and Instruments ($25.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Israel+$3.52MCoffee
Top Product Potential Israel Colombia+$10.3MTelephones

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

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

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