2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Colombia-North Korea Trade: In 2022, Colombia exported $1.63M to North Korea. The main products that Colombia exported to North Korea were N/A. Over the past 5 years the exports of Colombia to North Korea have increased at an annualized rate of 46.5%, from $242k in 2017 to $1.63M in 2022.

In 2022, Colombia did not export any services to North Korea.

North Korea-Colombia Trade: In 2022, North Korea exported $431k to Colombia. The main products that North Korea exported to Colombia were Valves ($71.8k), Large Construction Vehicles ($56k), and Non-woven Textiles ($50.5k). Over the past 5 years the exports of North Korea to Colombia have decreased at an annualized rate of 14.1%,  from $1.25M in 2017 to $431k in 2022.

In 2022, North Korea did not export any services to Colombia.

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). That same year, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $1.63M to North Korea. There were not main exports from Colombia to North Korea in 2022. During the last 5 years the exports of Colombia to North Korea have increased at an annualized rate of 46.5%, from $242k in 2017 to $1.63M in 2022.

In 2018, North Korea exported $431k to Colombia. The main products exported from North Korea to Colombia were Valves ($71.8k), Large Construction Vehicles ($56k), and Non-woven Textiles ($50.5k). During the last 5 years the exports of North Korea to Colombia have decreased at an annualized rate of 14.1%, from $1.25M in 2023 to $431k in 2018.

Exports from Colombia (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Colombia (Flag) (2023)

Latest Data

Trade between Colombia (Flag) and North Korea (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
North Korea
Top Destination
China$292M

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

In 2023, countries that imported more from Colombia than North Korea included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from North Korea than Colombia included Angola ($10.2M), Liberia ($5.74M), and Fiji ($3.88M).

Difference in imports from North Korea (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - North Korea

Flow
Scale

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

During 2022, Colombia had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Colombia in the exports of Machines ($244k), Textiles ($57.6k), and Plastics and Rubbers ($52.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Colombia and North Korea. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Colombia.

Product Space of Colombia (Flag) and North Korea (Flag) (2023)

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