2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Algeria-Colombia Trade: In 2022, Algeria exported $47.9M to Colombia. The main products that Algeria exported to Colombia were Nitrogenous Fertilizers ($17.2M), Semi-Finished Iron ($14.9M), and Cement ($11.3M). Over the past 5 years the exports of Algeria to Colombia have increased at an annualized rate of 93.2%, from $1.78M in 2017 to $47.9M in 2022.

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

Colombia-Algeria Trade: In 2022, Colombia exported $1.42M to Algeria. The main products that Colombia exported to Algeria were Bananas ($898k), Coffee ($468k), and Raw Sugar ($29k). Over the past 5 years the exports of Colombia to Algeria have increased at an annualized rate of 2.61%,  from $1.25M in 2017 to $1.42M in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Algeria exported $47.9M to Colombia. The main products exported from Algeria to Colombia were Nitrogenous Fertilizers ($17.2M), Semi-Finished Iron ($14.9M), and Cement ($11.3M). During the last 5 years the exports of Algeria to Colombia have increased at an annualized rate of 93.2%, from $1.78M in 2017 to $47.9M in 2022.

In 2017, Colombia exported $1.42M to Algeria. The main products exported from Colombia to Algeria were Bananas ($898k), Coffee ($468k), and Raw Sugar ($29k). During the last 5 years the exports of Colombia to Algeria have increased at an annualized rate of 2.61%, from $1.25M in 2022 to $1.42M in 2017.

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

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

Latest Data

Trade between Algeria (Flag) and Colombia (Flag)

Algeria Exports

Colombia Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Colombia
Top Destination
United States$15.6B

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 2022, countries that imported more from Algeria than Colombia included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

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

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

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 2022, Algeria had a large net trade with Colombia in the exports of Chemical Products ($21.7M), Metals ($14.9M), and Mineral Products ($11.3M).

During 2017, Colombia had a large net trade with Algeria in the exports of Vegetable Products ($1.37M), Foodstuffs ($29k), and Chemical Products ($12.8k).

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) (2022)

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