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2023
Flag → Flag
Exports $216MRnk 66 / 213
2023
Flag → Flag
Top Product $23.5MTextile Footwear
2023
Flag → Flag
Exports $23.3MRnk 76 / 183
2023
Flag → Flag
Top Product $14.1MCoal Briquettes
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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 $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 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

Indonesia-Colombia Trade: In 2023, Indonesia exported $216M to Colombia. The main products that Indonesia exported to Colombia were Textile Footwear ($23.5M), Rubber Footwear ($16.1M), and Leather Footwear ($9.88M). Over the past 5 years the exports of Indonesia to Colombia have increased at an annualized rate of 0.31%, from $213M in 2018 to $216M in 2023.

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

Colombia-Indonesia Trade: In 2023, Colombia exported $23.3M to Indonesia. The main products that Colombia exported to Indonesia were Coal Briquettes ($14.1M), Carboxylic Acids ($2.12M), and Bandages ($1.45M). Over the past 5 years the exports of Colombia to Indonesia have increased at an annualized rate of 4.08%,  from $19M in 2018 to $23.3M in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $216M to Colombia. The main products exported from Indonesia to Colombia were Textile Footwear ($23.5M), Rubber Footwear ($16.1M), and Leather Footwear ($9.88M). During the last 5 years the exports of Indonesia to Colombia have increased at an annualized rate of 0.31%, from $213M in 2018 to $216M in 2023.

In 2018, Colombia exported $23.3M to Indonesia. The main products exported from Colombia to Indonesia were Coal Briquettes ($14.1M), Carboxylic Acids ($2.12M), and Bandages ($1.45M). During the last 5 years the exports of Colombia to Indonesia have increased at an annualized rate of 4.08%, from $19M in 2023 to $23.3M in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Colombia (Flag)

Indonesia Exports

Colombia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Indonesia than Colombia included China ($70.7B), Japan ($23.7B), and India ($24B).

In 2023, countries that imported more from Colombia than Indonesia included Panama ($4.66B), Ecuador ($2.19B), and Chile ($1.16B).

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

Comparative Advantage Indonesia - Colombia

Flow
Scale

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

During 2023, Indonesia had a large net trade with Colombia in the exports of Footwear and Headwear ($51.9M), Machines ($38.1M), and Textiles ($27.2M).

During 2018, Colombia had a large net trade with Indonesia in the exports of Mineral Products ($14.1M), Chemical Products ($4.8M), and Machines ($2.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Colombia+$15.4MPalm Oil
Top Product Potential Colombia Indonesia+$114MCrude Petroleum

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

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

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