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2022
Flag → Flag
Exports $2.24BRnk 57 / 223
2022
Flag → Flag
Top Product $271MPackaged Medicaments
2022
Flag → Flag
Exports $1.27BRnk 12 / 187
2022
Flag → Flag
Top Product $609MCoal Briquettes
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Germany-Colombia Trade: In 2022, Germany exported $2.24B to Colombia. The main products that Germany exported to Colombia were Packaged Medicaments ($271M), Vaccines, blood, antisera, toxins and cultures ($154M), and Cars ($117M). Over the past 5 years the exports of Germany to Colombia have increased at an annualized rate of 4.7%, from $1.78B in 2017 to $2.24B in 2022.

In 2022, Germany did not export any services to Colombia.

Colombia-Germany Trade: In 2022, Colombia exported $1.27B to Germany. The main products that Colombia exported to Germany were Coal Briquettes ($609M), Coffee ($280M), and Bananas ($97.1M). Over the past 5 years the exports of Colombia to Germany have increased at an annualized rate of 16%,  from $602M in 2017 to $1.27B in 2022.

In 2022, Colombia did not export any services to Germany.

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Latest Trends

July, 2024

About

Overview In July 2024, Germany exported €166M and imported €117M from Colombia, resulting in a positive trade balance of €49.2M. Between July 2023 and July 2024 the exports of Germany have increased by €16.1M (10.7%) from €150M to €166M, while imports increased by €27.7M (31.1%) from €89M to €117M.

Trade In July 2024, the top exports of Germany to Colombia were Pharmaceutical products (€43.4M), Basic pharmaceutical products (€9.62M), Medical, surgical equipment, orthopaedic apparatus (€6.79M), Fertilizers (€6.14M), and Semi-finished products of copper and copper... (€5.21M). In July 2024 the top imports of Germany from Colombia were Coal and coal briquettes (€180M), Coffee (€24.2M), Tropical and subtropical fruits (€20.2M), Sugar beets, sugar and sugar products (€4.28M), and Other ores and ashes of metals (€3.43M).

Origins In July 2024 the exports of Germany were mainly from North Rhine-Westphalia (€24.4M), Baden-Württemberg (€22.6M), Bavaria (€22.6M), Rhineland-Pfalz (€14.4M), and Hesse (€7.91M), while imports destinations were mainly North Rhine-Westphalia (€33.5M), Hamburg (€21.1M), Bremen (€17.6M), Bavaria (€9.27M), and Saarland (€8.83M).

Growth In July 2024, the increase in Germany's year-by-year exports to Colombia was explained primarily by an increase in product exports in Pharmaceutical products (€11.1M or 34.4%), Basic pharmaceutical products (€5.49M or 133%), and Semi-finished products of copper and copper... (€4.27M or 457%). In July 2024, the increase in Germany's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Coal and coal briquettes (€155M or 608%), Sugar beets, sugar and sugar products (€3.08M or 257%), and Coke and semi-coke, of coal or... (€1.22M or 305%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€16.1M(10.7%)
IMPORT GROWTH (July 2023 - July 2024)€27.7M(31.1%)
MAIN EXPORTER (July 2024)North Rhine-Westphalia€24.4M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Colombia and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $2.24B to Colombia. The main products exported from Germany to Colombia were Packaged Medicaments ($271M), Vaccines, blood, antisera, toxins and cultures ($154M), and Cars ($117M). During the last 5 years the exports of Germany to Colombia have increased at an annualized rate of 4.7%, from $1.78B in 2017 to $2.24B in 2022.

In 2017, Colombia exported $1.27B to Germany. The main products exported from Colombia to Germany were Coal Briquettes ($609M), Coffee ($280M), and Bananas ($97.1M). During the last 5 years the exports of Colombia to Germany have increased at an annualized rate of 16%, from $602M in 2022 to $1.27B in 2017.

Exports from Germany (Flag) to Colombia (Flag) (2022)

Exports from Colombia (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Germany than Colombia included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Colombia than Germany included Panama ($5.84B), Ecuador ($1.89B), and Venezuela ($632M).

Difference in imports from Colombia (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Colombia

Flow
Scale

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

During 2022, Germany had a large net trade with Colombia in the exports of Chemical Products ($793M), Machines ($483M), and Transportation ($285M).

During 2017, Colombia had a large net trade with Germany in the exports of Mineral Products ($675M), Vegetable Products ($400M), and Plastics and Rubbers ($51.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Colombia+$127MCars
Top Product Potential Colombia Germany+$118MCoal Briquettes

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

Product Space of Germany (Flag) and Colombia (Flag) (2022)

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