Estonia (EST) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Estonia-Colombia Trade: In 2022, Estonia exported $4.48M to Colombia. The main products that Estonia exported to Colombia were Peat ($1.29M), Broadcasting Equipment ($256k), and Glaziers Putty ($251k). Over the past 5 years the exports of Estonia to Colombia have decreased at an annualized rate of 7.42%, from $6.59M in 2017 to $4.48M in 2022.

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

Colombia-Estonia Trade: In 2022, Colombia exported $13.4M to Estonia. The main products that Colombia exported to Estonia were Ferroalloys ($6.3M), Coffee ($2.27M), and Crude Petroleum ($977k). Over the past 5 years the exports of Colombia to Estonia have increased at an annualized rate of 21%, from $5.18M in 2017 to $13.4M in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $4.48M to Colombia. The main products exported from Estonia to Colombia were Peat ($1.29M), Broadcasting Equipment ($256k), and Glaziers Putty ($251k). During the last 5 years the exports of Estonia to Colombia have decreased at an annualized rate of 7.42%, from $6.59M in 2017 to $4.48M in 2022.

In 2017, Colombia exported $13.4M to Estonia. The main products exported from Colombia to Estonia were Ferroalloys ($6.3M), Coffee ($2.27M), and Crude Petroleum ($977k). During the last 5 years the exports of Colombia to Estonia have increased at an annualized rate of 21%, from $5.18M in 2022 to $13.4M in 2017.

Exports from Estonia () to Colombia () (2022)

Exports from Colombia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Colombia ()

Estonia Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Colombia
Top DestinationUnited States$15.6B

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 2022, countries that imported more from Estonia than Colombia included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Colombia than Estonia included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia () and Estonia () (2022)

Comparative Advantage Estonia - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Colombia in the exports of Mineral Products ($1.38M), Machines ($1.35M), and Instruments ($524k).

During 2017, Colombia had a large net trade with Estonia in the exports of Metals ($6.3M), Vegetable Products ($3.79M), and Foodstuffs ($1.55M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Colombia () (2022)

Exports from Colombia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Colombia ()

Estonia Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Estonia () (2022)

Comparative Advantage Estonia - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Estonia () and Colombia () (2022)

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