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2023
Flag → Flag
Exports $537kRnk 86 / 130
2023
Flag → Flag
Top Product $122kVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $168kRnk 35 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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 $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 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

Iran-Colombia Trade: In 2023, Iran exported $537k to Colombia. The main products that Iran exported to Colombia were Vaccines, blood, antisera, toxins and cultures ($122k), Tropical Fruits ($87.9k), and Vegetable Alkaloids ($86.9k). Over the past 5 years the exports of Iran to Colombia have decreased at an annualized rate of 18.4%, from $1.48M in 2018 to $537k in 2023.

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

Colombia-Iran Trade: In 2023, Colombia exported $168k to Iran. The main products that Colombia exported to Iran were N/A. Over the past 5 years the exports of Colombia to Iran have decreased at an annualized rate of 41.1%,  from $2.37M in 2018 to $168k in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $537k to Colombia. The main products exported from Iran to Colombia were Vaccines, blood, antisera, toxins and cultures ($122k), Tropical Fruits ($87.9k), and Vegetable Alkaloids ($86.9k). During the last 5 years the exports of Iran to Colombia have decreased at an annualized rate of 18.4%, from $1.48M in 2018 to $537k in 2023.

In 2017, Colombia exported $168k to Iran. There were not main exports from Colombia to Iran in 2017. During the last 5 years the exports of Colombia to Iran have decreased at an annualized rate of 41.1%, from $2.37M in 2022 to $168k in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Iran than Colombia included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

In 2023, countries that imported more from Colombia than Iran included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

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

Comparative Advantage Iran - Colombia

Flow
Scale

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

During 2023, Iran had a large net trade with Colombia in the exports of Chemical Products ($287k), Vegetable Products ($182k), and Instruments ($24.2k).

During 2017, Colombia had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Colombia+$304kRaw Plastic Sheeting
Top Product Potential Colombia Iran+$4.23kPalm Oil

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

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

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