2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
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About

Colombia-Chinese Taipei Trade: In 2022, Colombia exported $157M to Chinese Taipei. The main products that Colombia exported to Chinese Taipei were Coal Briquettes ($84.4M), Coffee ($33.8M), and Ferroalloys ($17.3M). Over the past 5 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 11%, from $93M in 2017 to $157M in 2022.

In 2022, Colombia did not export any services to Chinese Taipei.

Chinese Taipei-Colombia Trade: In 2022, Chinese Taipei exported $483M to Colombia. The main products that Chinese Taipei exported to Colombia were Large Flat-Rolled Stainless Steel ($34.4M), Broadcasting Equipment ($32.1M), and Polyacetals ($27.1M). Over the past 5 years the exports of Chinese Taipei to Colombia have increased at an annualized rate of 4.18%,  from $394M in 2017 to $483M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $157M to Chinese Taipei. The main products exported from Colombia to Chinese Taipei were Coal Briquettes ($84.4M), Coffee ($33.8M), and Ferroalloys ($17.3M). During the last 5 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 11%, from $93M in 2017 to $157M in 2022.

In 2017, Chinese Taipei exported $483M to Colombia. The main products exported from Chinese Taipei to Colombia were Large Flat-Rolled Stainless Steel ($34.4M), Broadcasting Equipment ($32.1M), and Polyacetals ($27.1M). During the last 5 years the exports of Chinese Taipei to Colombia have increased at an annualized rate of 4.18%, from $394M in 2022 to $483M in 2017.

Exports from Colombia (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Colombia (Flag) (2022)

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Colombia than Chinese Taipei included Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

In 2022, countries that imported more from Chinese Taipei than Colombia included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - Chinese Taipei

Flow
Scale

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

During 2022, Colombia had a large net trade with Chinese Taipei in the exports of Mineral Products ($85.4M), Vegetable Products ($35.5M), and Metals ($27.7M).

During 2017, Chinese Taipei had a large net trade with Colombia in the exports of Machines ($157M), Plastics and Rubbers ($98.9M), and Metals ($73.7M).

Economic Complexity

Competitive Landscape

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

Product Space of Colombia (Flag) and Chinese Taipei (Flag) (2022)

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