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Pricing

2022
Flag → Flag
Exports $151MRnk 45 / 187
2022
Flag → Flag
Top Product $81.2MRefined Petroleum
2022
Flag → Flag
Exports $58MRnk 73 / 138
2022
Flag → Flag
Top Product $33.9MEthylene Polymers
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Colombia-Saudi Arabia Trade: In 2022, Colombia exported $151M to Saudi Arabia. The main products that Colombia exported to Saudi Arabia were Refined Petroleum ($81.2M), Bovine ($36.7M), and Coffee ($21M). Over the past 5 years the exports of Colombia to Saudi Arabia have increased at an annualized rate of 49.7%, from $20.2M in 2017 to $151M in 2022.

In 2022, Colombia did not export any services to Saudi Arabia.

Saudi Arabia-Colombia Trade: In 2022, Saudi Arabia exported $58M to Colombia. The main products that Saudi Arabia exported to Colombia were Ethylene Polymers ($33.9M), Propylene Polymers ($13.1M), and Mixed Mineral or Chemical Fertilizers ($3.01M). Over the past 5 years the exports of Saudi Arabia to Colombia have increased at an annualized rate of 4.29%,  from $47M in 2017 to $58M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $151M to Saudi Arabia. The main products exported from Colombia to Saudi Arabia were Refined Petroleum ($81.2M), Bovine ($36.7M), and Coffee ($21M). During the last 5 years the exports of Colombia to Saudi Arabia have increased at an annualized rate of 49.7%, from $20.2M in 2017 to $151M in 2022.

In 2017, Saudi Arabia exported $58M to Colombia. The main products exported from Saudi Arabia to Colombia were Ethylene Polymers ($33.9M), Propylene Polymers ($13.1M), and Mixed Mineral or Chemical Fertilizers ($3.01M). During the last 5 years the exports of Saudi Arabia to Colombia have increased at an annualized rate of 4.29%, from $47M in 2022 to $58M in 2017.

Exports from Colombia (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Colombia (Flag) (2022)

Latest Data

Trade between Colombia (Flag) and Saudi Arabia (Flag)

Colombia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$15.6B
Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Colombia than Saudi Arabia included Panama ($5.84B), Ecuador ($1.89B), and Mexico ($1.73B).

In 2022, countries that imported more from Saudi Arabia than Colombia included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - Saudi Arabia

Flow
Scale

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

During 2022, Colombia had a large net trade with Saudi Arabia in the exports of Mineral Products ($81.2M), Animal Products ($43.9M), and Vegetable Products ($22.3M).

During 2017, Saudi Arabia had a large net trade with Colombia in the exports of Plastics and Rubbers ($48.5M), Chemical Products ($7.18M), and Stone And Glass ($986k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Saudi Arabia+$21.2MRefined Petroleum
Top Product Potential Saudi Arabia Colombia+$18.3MEthylene 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

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

Product Space of Colombia (Flag) and Saudi Arabia (Flag) (2022)

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