Qatar (QAT) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Qatar-Colombia Trade: In 2023, Qatar exported $933k to Colombia. The main products that Qatar exported to Colombia were Ethylene Polymers ($592k), Refined Petroleum ($193k), and Antibiotics ($85.7k). Over the past 5 years the exports of Qatar to Colombia have decreased at an annualized rate of 36.9%, from $9.32M in 2018 to $933k in 2023.

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

Colombia-Qatar Trade: In 2023, Colombia exported $3.33M to Qatar. The main products that Colombia exported to Qatar were Tropical Fruits ($1.26M), Bovine Meat ($544k), and Frozen Bovine Meat ($423k). Over the past 5 years the exports of Colombia to Qatar have increased at an annualized rate of 10.3%, from $2.04M in 2018 to $3.33M in 2023.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $933k to Colombia. The main products exported from Qatar to Colombia were Ethylene Polymers ($592k), Refined Petroleum ($193k), and Antibiotics ($85.7k). During the last 5 years the exports of Qatar to Colombia have decreased at an annualized rate of 36.9%, from $9.32M in 2018 to $933k in 2023.

In 2018, Colombia exported $3.33M to Qatar. The main products exported from Colombia to Qatar were Tropical Fruits ($1.26M), Bovine Meat ($544k), and Frozen Bovine Meat ($423k). During the last 5 years the exports of Colombia to Qatar have increased at an annualized rate of 10.3%, from $2.04M in 2023 to $3.33M in 2018.

Exports from Qatar () to Colombia () (2023)

Exports from Colombia () to Qatar () (2023)

Latest Data

Trade between Qatar () and Colombia ()

Qatar Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Qatar than Colombia included China ($20.9B), South Korea ($12.1B), and India ($12.9B).

In 2023, countries that imported more from Colombia than Qatar included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

Difference in imports from Colombia () and Qatar () (2023)

Comparative Advantage Qatar - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Colombia in the exports of Plastics and Rubbers ($592k), Mineral Products ($193k), and Chemical Products ($114k).

During 2018, Colombia had a large net trade with Qatar in the exports of Vegetable Products ($1.81M), Animal Products ($976k), and Foodstuffs ($186k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Colombia+$4.48MEthylene Polymers

Top Product Potential Colombia Qatar+$498kCoffee

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Qatar () to Colombia () (2023)

Exports from Colombia () to Qatar () (2023)

Latest Data

Trade between Qatar () and Colombia ()

Qatar Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Qatar () (2023)

Comparative Advantage Qatar - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Colombia () (2023)

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