2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 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
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Colombia-Kuwait Trade: In 2022, Colombia exported $11.4M to Kuwait. The main products that Colombia exported to Kuwait were Cut Flowers ($1.08M), Tropical Fruits ($961k), and Bandages ($938k). Over the past 5 years the exports of Colombia to Kuwait have increased at an annualized rate of 20.1%, from $4.58M in 2017 to $11.4M in 2022.

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

Kuwait-Colombia Trade: In 2022, Kuwait exported $5.85M to Colombia. The main products that Kuwait exported to Colombia were Special purpose motor vehicles ($4.6M), Gas and Liquid Flow Measuring Instruments ($400k), and Industrial Fatty Acids, Oils and Alcohols ($266k). Over the past 5 years the exports of Kuwait to Colombia have increased at an annualized rate of 127%,  from $96.8k in 2017 to $5.85M in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Latest Data

Trade between Colombia (Flag) and Kuwait (Flag)

Colombia Exports

Kuwait Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Kuwait
Top Destination
China$24.3B

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

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

In 2022, countries that imported more from Kuwait than Colombia included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Kuwait+$1.07MCoal Briquettes
Top Product Potential Kuwait Colombia+$233kLiquid Pumps

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

Product Space of Colombia (Flag) and Kuwait (Flag) (NaN)

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