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2023
Flag → Flag
Exports $3.66MRnk 91 / 192
2023
Flag → Flag
Top Product $1.06MPeat
2023
Flag → Flag
Exports $4.54MRnk 101 / 183
2023
Flag → Flag
Top Product $1.64MCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 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 $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 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

Estonia-Colombia Trade: In 2023, Estonia exported $3.66M to Colombia. The main products that Estonia exported to Colombia were Peat ($1.06M), Electrical Transformers ($604k), and Broadcasting Equipment ($313k). Over the past 5 years the exports of Estonia to Colombia have increased at an annualized rate of 0.89%, from $3.5M in 2018 to $3.66M in 2023.

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

Colombia-Estonia Trade: In 2023, Colombia exported $4.54M to Estonia. The main products that Colombia exported to Estonia were Coffee ($1.64M), Bananas ($756k), and Tropical Fruits ($614k). Over the past 5 years the exports of Colombia to Estonia have decreased at an annualized rate of 3.66%,  from $5.47M in 2018 to $4.54M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $3.66M to Colombia. The main products exported from Estonia to Colombia were Peat ($1.06M), Electrical Transformers ($604k), and Broadcasting Equipment ($313k). During the last 5 years the exports of Estonia to Colombia have increased at an annualized rate of 0.89%, from $3.5M in 2018 to $3.66M in 2023.

In 2018, Colombia exported $4.54M to Estonia. The main products exported from Colombia to Estonia were Coffee ($1.64M), Bananas ($756k), and Tropical Fruits ($614k). During the last 5 years the exports of Colombia to Estonia have decreased at an annualized rate of 3.66%, from $5.47M in 2023 to $4.54M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Colombia (Flag)

Estonia Exports

Colombia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Estonia than Colombia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Colombia than Estonia included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

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

Comparative Advantage Estonia - Colombia

Flow
Scale

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

During 2023, Estonia had a large net trade with Colombia in the exports of Machines ($1.54M), Mineral Products ($1.06M), and Instruments ($501k).

During 2018, Colombia had a large net trade with Estonia in the exports of Vegetable Products ($3.93M), Foodstuffs ($408k), and Chemical Products ($83.8k).

Economic Complexity

Competitive Landscape

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

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

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