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
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Colombia-South Africa Trade: In 2022, Colombia exported $105M to South Africa. The main products that Colombia exported to South Africa were Coke ($83.9M), Coal Briquettes ($4.75M), and Coffee ($4M). Over the past 5 years the exports of Colombia to South Africa have increased at an annualized rate of 35.2%, from $23.3M in 2017 to $105M in 2022.

In 2022, Colombia did not export any services to South Africa.

South Africa-Colombia Trade: In 2022, South Africa exported $68.8M to Colombia. The main products that South Africa exported to Colombia were Calcium Phosphates ($17.4M), Raw Aluminium ($11.6M), and Liquid Pumps ($4.81M). Over the past 5 years the exports of South Africa to Colombia have increased at an annualized rate of 7.59%,  from $47.7M in 2017 to $68.8M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $105M to South Africa. The main products exported from Colombia to South Africa were Coke ($83.9M), Coal Briquettes ($4.75M), and Coffee ($4M). During the last 5 years the exports of Colombia to South Africa have increased at an annualized rate of 35.2%, from $23.3M in 2017 to $105M in 2022.

In 2017, South Africa exported $68.8M to Colombia. The main products exported from South Africa to Colombia were Calcium Phosphates ($17.4M), Raw Aluminium ($11.6M), and Liquid Pumps ($4.81M). During the last 5 years the exports of South Africa to Colombia have increased at an annualized rate of 7.59%, from $47.7M in 2022 to $68.8M in 2017.

Exports from Colombia (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Colombia (Flag) (2022)

Latest Data

Trade between Colombia (Flag) and South Africa (Flag)

Colombia Exports

South Africa Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Colombia than South Africa included Panama ($5.84B), United States ($15.6B), and Ecuador ($1.89B).

In 2022, countries that imported more from South Africa than Colombia included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

Difference in imports from South Africa (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - South Africa

Flow
Scale

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

During 2022, Colombia had a large net trade with South Africa in the exports of Mineral Products ($88.7M), Vegetable Products ($4.07M), and Foodstuffs ($3.93M).

During 2017, South Africa had a large net trade with Colombia in the exports of Mineral Products ($18.3M), Metals ($17.8M), and Chemical Products ($12.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia South Africa+$9.66MCoal Briquettes
Top Product Potential South Africa Colombia+$2.71MRaw Aluminium

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

Product Space of Colombia (Flag) and South Africa (Flag) (2022)

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