Colombia (COL) and Qatar (QAT) Trade | The Observatory of Economic Complexity

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Colombia-Qatar Trade: In 2023, Colombia exported $3.33M to Qatar. The main products that Colombia exported to Qatar were Tropical Fruits ($1.26M), Bovine Meat ($544k), and Frozen Bovine Meat ($423k). Over the past 5 years the exports of Colombia to Qatar have increased at an annualized rate of 10.3%, from $2.04M in 2018 to $3.33M in 2023.

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

Qatar-Colombia Trade: In 2023, Qatar exported $933k to Colombia. The main products that Qatar exported to Colombia were Ethylene Polymers ($592k), Refined Petroleum ($193k), and Antibiotics ($85.7k). Over the past 5 years the exports of Qatar to Colombia have decreased at an annualized rate of 22.6%, from $9.32M in 2018 to $933k in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Colombia exported $3.33M to Qatar. The main products exported from Colombia to Qatar were Tropical Fruits ($1.26M), Bovine Meat ($544k), and Frozen Bovine Meat ($423k). During the last 5 years the exports of Colombia to Qatar have increased at an annualized rate of 10.3%, from $2.04M in 2018 to $3.33M in 2023.

In 2018, Qatar exported $933k to Colombia. The main products exported from Qatar to Colombia were Ethylene Polymers ($592k), Refined Petroleum ($193k), and Antibiotics ($85.7k). During the last 5 years the exports of Qatar to Colombia have decreased at an annualized rate of 22.6%, from $9.32M in 2023 to $933k in 2018.

Exports from Colombia () to Qatar () (2023)

Exports from Qatar () to Colombia () (2023)

Latest Data

Trade between Colombia () and Qatar ()

Colombia Exports

Date

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$14.8B

Qatar
Top DestinationChina$20.9B

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

In 2023, countries that imported more from Colombia than Qatar included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

In 2023, countries that imported more from Qatar than Colombia included China ($20.9B), South Korea ($12.1B), and India ($12.9B).

Difference in imports from Qatar () and Colombia () (2023)

Comparative Advantage Colombia - Qatar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Colombia had a large net trade with Qatar in the exports of Vegetable Products ($1.81M), Animal Products ($976k), and Foodstuffs ($186k).

During 2018, Qatar had a large net trade with Colombia in the exports of Plastics and Rubbers ($592k), Mineral Products ($193k), and Chemical Products ($114k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia Qatar+$498kCoffee

Top Product Potential Qatar Colombia+$4.48MEthylene Polymers

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Colombia () to Qatar () (2023)

Exports from Qatar () to Colombia () (2023)

Latest Data

Trade between Colombia () and Qatar ()

Colombia Exports

Qatar Exports

Market Competitiveness

Difference in imports from Qatar () and Colombia () (2023)

Comparative Advantage Colombia - Qatar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Colombia () and Qatar () (2023)

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