2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 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

Greece-Colombia Trade: In 2022, Greece exported $27.7M to Colombia. The main products that Greece exported to Colombia were Other Processed Fruits and Nuts ($12.3M), Packaged Medicaments ($4.15M), and Jams ($1.73M). Over the past 5 years the exports of Greece to Colombia have increased at an annualized rate of 13%, from $15M in 2017 to $27.7M in 2022.

In 2003, Greece exported services to Colombia worth $505k, with Travel ($480k), Personal, cultural, and recreational services ($12.6k), and Other business services ($12.6k) being the largest in terms of value.

Colombia-Greece Trade: In 2022, Colombia exported $22.6M to Greece. The main products that Colombia exported to Greece were Coffee ($13M), Bananas ($3.55M), and Scrap Aluminium ($3.05M). Over the past 5 years the exports of Colombia to Greece have decreased at an annualized rate of 4.25%,  from $28.1M in 2017 to $22.6M in 2022.

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

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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, Greece exported $27.7M to Colombia. The main products exported from Greece to Colombia were Other Processed Fruits and Nuts ($12.3M), Packaged Medicaments ($4.15M), and Jams ($1.73M). During the last 5 years the exports of Greece to Colombia have increased at an annualized rate of 13%, from $15M in 2017 to $27.7M in 2022.

In 2017, Colombia exported $22.6M to Greece. The main products exported from Colombia to Greece were Coffee ($13M), Bananas ($3.55M), and Scrap Aluminium ($3.05M). During the last 5 years the exports of Colombia to Greece have decreased at an annualized rate of 4.25%, from $28.1M in 2022 to $22.6M in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Colombia (Flag)

Greece Exports

Colombia Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from Greece than Colombia included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

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

Comparative Advantage Greece - Colombia

Flow
Scale

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

During 2022, Greece had a large net trade with Colombia in the exports of Foodstuffs ($15.7M), Chemical Products ($5.74M), and Metals ($1.76M).

During 2017, Colombia had a large net trade with Greece in the exports of Vegetable Products ($16.6M), Metals ($3.26M), and Chemical Products ($906k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Colombia+$6.04MPackaged Medicaments
Top Product Potential Colombia Greece+$6.98MCoffee

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 Greece and Colombia. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Greece.

Product Space of Greece (Flag) and Colombia (Flag) (2022)

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