2023
Flag  
GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 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 
$44,691CURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 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

France-Colombia Trade: In 2023, France exported $2.12B to Colombia. The main products that France exported to Colombia were Planes, Helicopters, and/or Spacecraft ($1.24B), Packaged Medicaments ($106M), and Cars ($70.8M). Over the past 5 years the exports of France to Colombia have increased at an annualized rate of 13.4%, from $1.13B in 2018 to $2.12B in 2023.

In 2003, France exported services to Colombia worth $53M, with Transportation ($48M), Insurance services ($7.58M), and Computer and information services ($3.79M) being the largest in terms of value.

Colombia-France Trade: In 2023, Colombia exported $363M to France. The main products that Colombia exported to France were Coal Briquettes ($124M), Bananas ($64.2M), and Refined Petroleum ($31.3M). Over the past 5 years the exports of Colombia to France have decreased at an annualized rate of 0.21%,  from $366M in 2018 to $363M in 2023.

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

Comparison: In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). 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, France exported $2.12B to Colombia. The main products exported from France to Colombia were Planes, Helicopters, and/or Spacecraft ($1.24B), Packaged Medicaments ($106M), and Cars ($70.8M). During the last 5 years the exports of France to Colombia have increased at an annualized rate of 13.4%, from $1.13B in 2018 to $2.12B in 2023.

In 2018, Colombia exported $363M to France. The main products exported from Colombia to France were Coal Briquettes ($124M), Bananas ($64.2M), and Refined Petroleum ($31.3M). During the last 5 years the exports of Colombia to France have decreased at an annualized rate of 0.21%, from $366M in 2023 to $363M in 2018.

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

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

Latest Data

Trade between France (Flag) and Colombia (Flag)

France Exports

Colombia Exports

Market Competitiveness

Color
France
Top Destination
Germany$72.8B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from France than Colombia included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

In 2023, countries that imported more from Colombia than France included Panama ($4.66B), Ecuador ($2.19B), and Peru ($1.2B).

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

Comparative Advantage France - Colombia

Flow
Scale

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

During 2023, France had a large net trade with Colombia in the exports of Transportation ($1.35B), Chemical Products ($276M), and Machines ($155M).

During 2018, Colombia had a large net trade with France in the exports of Mineral Products ($167M), Vegetable Products ($109M), and Precious Metals ($25.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Colombia+$54.2MPackaged Medicaments
Top Product Potential Colombia France+$66.8MCoal 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 France and Colombia. This means that a dot/product with the flag of France indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over France.

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

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