2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 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

Netherlands-Colombia Trade: In 2023, Netherlands exported $661M to Colombia. The main products that Netherlands exported to Colombia were Refined Petroleum ($219M), Packaged Medicaments ($70.8M), and Bulbs and Roots ($34.5M). Over the past 5 years the exports of Netherlands to Colombia have increased at an annualized rate of 17.9%, from $290M in 2018 to $661M in 2023.

In 2009, Netherlands exported services to Colombia worth $155M, with Services not allocated ($155M) being the largest in terms of value.

Colombia-Netherlands Trade: In 2023, Colombia exported $2.38B to Netherlands. The main products that Colombia exported to Netherlands were Coal Briquettes ($1.62B), Tropical Fruits ($107M), and Ferroalloys ($89.2M). Over the past 5 years the exports of Colombia to Netherlands have increased at an annualized rate of 11.6%,  from $1.37B in 2018 to $2.38B in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $661M to Colombia. The main products exported from Netherlands to Colombia were Refined Petroleum ($219M), Packaged Medicaments ($70.8M), and Bulbs and Roots ($34.5M). During the last 5 years the exports of Netherlands to Colombia have increased at an annualized rate of 17.9%, from $290M in 2018 to $661M in 2023.

In 2018, Colombia exported $2.38B to Netherlands. The main products exported from Colombia to Netherlands were Coal Briquettes ($1.62B), Tropical Fruits ($107M), and Ferroalloys ($89.2M). During the last 5 years the exports of Colombia to Netherlands have increased at an annualized rate of 11.6%, from $1.37B in 2023 to $2.38B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Netherlands than Colombia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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

Comparative Advantage Netherlands - Colombia

Flow
Scale

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

During 2023, Netherlands had a large net trade with Colombia in the exports of Mineral Products ($220M), Chemical Products ($177M), and Machines ($51.9M).

During 2018, Colombia had a large net trade with Netherlands in the exports of Mineral Products ($1.75B), Vegetable Products ($364M), and Animal and Vegetable Bi-Products ($106M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Colombia+$88.9MRefined Petroleum
Top Product Potential Colombia Netherlands+$81.6MRefined 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 Netherlands and Colombia. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Netherlands.

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

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