NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $775MRnk 55 / 223
2023
Flag → Flag
Top Product $222MRefined Petroleum
2023
Flag → Flag
Exports $570MRnk 21 / 183
2023
Flag → Flag
Top Product $164MBananas
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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 $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 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

United Kingdom-Colombia Trade: In 2023, United Kingdom exported $775M to Colombia. The main products that United Kingdom exported to Colombia were Refined Petroleum ($222M), Hard Liquor ($81.7M), and Packaged Medicaments ($59.4M). Over the past 5 years the exports of United Kingdom to Colombia have increased at an annualized rate of 6.43%, from $567M in 2018 to $775M in 2023.

In 2009, United Kingdom exported services to Colombia worth $264M, with Services not allocated ($218M), Travel ($34M), and Transportation ($8.08M) being the largest in terms of value.

Colombia-United Kingdom Trade: In 2023, Colombia exported $570M to United Kingdom. The main products that Colombia exported to United Kingdom were Bananas ($164M), Coal Briquettes ($76.8M), and Cut Flowers ($70.1M). Over the past 5 years the exports of Colombia to United Kingdom have increased at an annualized rate of 1.32%,  from $534M in 2018 to $570M in 2023.

In 2023, Colombia did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £27.3M and imported £42.9M from Colombia, resulting in a negative trade balance of £15.6M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-3.56M (-11.5%) from £30.9M to £27.3M, while imports decreased by £-2.13M (-4.72%) from £45M to £42.9M.

Trade In November 2024, the top exports of United Kingdom to Colombia were Refined Petroleum (£25.8M), Hard Liquor (£5.21M), Cars (£4.75M), Packaged Medicaments (£2.3M), and Pesticides (£1.96M). In November 2024 the top imports of United Kingdom from Colombia were Bananas (£14.9M), Coffee (£5.94M), Cut Flowers (£4.66M), Coal Briquettes (£2.88M), and Tropical Fruits (£2.23M).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£8.62M), London Gateway (£6.84M), Southampton (£2.4M), Grangemouth (£1.09M), and East Midlands Airport (£773k), while imports destinations were mainly Belfast (£14.2M), London Gateway (£12.3M), Southampton (£7.92M), Portsmouth (£3.31M), and London Heathrow Airport (£2.55M).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Refined Petroleum (£-21.4M or -45.3%), Packaged Medicaments (£-1.18M or -34%), and Other Construction Vehicles (£-690k or -99.7%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Coal Briquettes (£-4.75M or -62.3%), Soap (£-255k or -69.4%), and Cocoa Beans (£-62.1k or -93.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-3.56M(-11.5%)
IMPORT GROWTH (November 2023 - November 2024)£-2.13M(-4.72%)
MAIN EXPORTER (November 2024)London Heathrow Airport£8.62M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Colombia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and United Kingdom Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $775M to Colombia. The main products exported from United Kingdom to Colombia were Refined Petroleum ($222M), Hard Liquor ($81.7M), and Packaged Medicaments ($59.4M). During the last 5 years the exports of United Kingdom to Colombia have increased at an annualized rate of 6.43%, from $567M in 2018 to $775M in 2023.

In 2018, Colombia exported $570M to United Kingdom. The main products exported from Colombia to United Kingdom were Bananas ($164M), Coal Briquettes ($76.8M), and Cut Flowers ($70.1M). During the last 5 years the exports of Colombia to United Kingdom have increased at an annualized rate of 1.32%, from $534M in 2023 to $570M in 2018.

Exports from United Kingdom (Flag) to Colombia (Flag) (2023)

Exports from Colombia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from United Kingdom than Colombia included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

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

Difference in imports from Colombia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Colombia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Colombia in the exports of Mineral Products ($257M), Chemical Products ($151M), and Machines ($124M).

During 2018, Colombia had a large net trade with United Kingdom in the exports of Vegetable Products ($324M), Mineral Products ($142M), and Foodstuffs ($23.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Colombia+$64.1MRefined Petroleum
Top Product Potential Colombia United Kingdom+$56.9MCoal 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Colombia (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms