2023
Flag  
GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Algeria-Colombia Trade: In 2023, Algeria exported $125M to Colombia. The main products that Algeria exported to Colombia were Semi-Finished Iron ($85.6M), Nitrogenous Fertilizers ($21.1M), and Cement ($18.1M). Over the past 5 years the exports of Algeria to Colombia have increased at an annualized rate of 48.4%, from $17.4M in 2018 to $125M in 2023.

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

Colombia-Algeria Trade: In 2023, Colombia exported $1.34M to Algeria. The main products that Colombia exported to Algeria were Coffee ($761k), Electrical Transformers ($371k), and Raw Sugar ($83.5k). Over the past 5 years the exports of Colombia to Algeria have increased at an annualized rate of 29.5%,  from $369k in 2018 to $1.34M in 2023.

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

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Algeria exported $125M to Colombia. The main products exported from Algeria to Colombia were Semi-Finished Iron ($85.6M), Nitrogenous Fertilizers ($21.1M), and Cement ($18.1M). During the last 5 years the exports of Algeria to Colombia have increased at an annualized rate of 48.4%, from $17.4M in 2018 to $125M in 2023.

In 2018, Colombia exported $1.34M to Algeria. The main products exported from Colombia to Algeria were Coffee ($761k), Electrical Transformers ($371k), and Raw Sugar ($83.5k). During the last 5 years the exports of Colombia to Algeria have increased at an annualized rate of 29.5%, from $369k in 2023 to $1.34M in 2018.

Exports from Algeria (Flag) to Colombia (Flag) (2023)

Exports from Colombia (Flag) to Algeria (Flag) (2023)

Latest Data

Trade between Algeria (Flag) and Colombia (Flag)

Algeria Exports

Colombia Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$15.2B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Algeria than Colombia included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

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

Difference in imports from Colombia (Flag) and Algeria (Flag) (2023)

Comparative Advantage Algeria - Colombia

Flow
Scale

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

During 2023, Algeria had a large net trade with Colombia in the exports of Metals ($85.6M), Chemical Products ($21.1M), and Mineral Products ($18.1M).

During 2018, Colombia had a large net trade with Algeria in the exports of Vegetable Products ($761k), Machines ($374k), and Foodstuffs ($83.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Colombia+$9.24MNitrogenous Fertilizers
Top Product Potential Colombia Algeria+$1.49MCoffee

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

Product Space of Algeria (Flag) and Colombia (Flag) (2023)

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