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Pricing

2022
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Exports $402MRnk 64 / 138
2022
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Top Product $145MMixed Mineral or Chemical Fertilizers
2022
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Exports $128MRnk 49 / 187
2022
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Top Product $82.6MFrozen Bovine Meat
2022
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Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
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Economic Complexity (ECI) ECI 0.094Rnk 57 / 124
2022
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GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Russia-Colombia In 2022, Russia exported $402M to Colombia. The main products that Russia exported to Colombia are Mixed Mineral or Chemical Fertilizers ($145M), Nitrogenous Fertilizers ($77.2M), and Hot-Rolled Iron Bars ($26.2M). During the last 27 years the exports of Russia to Colombia have increased at an annualized rate of 7.04%, from $64M in 1995 to $402M in 2022.

In 2020, Russia exported services to Colombia worth $10.9M, with Transportation ($8.9M), Other business services ($1.42M), and Computer and information services ($402k) being the largest in terms of value.

Colombia-Russia In 2022, Colombia exported $128M to Russia. The main products that Colombia exported to Russia were Frozen Bovine Meat ($82.6M), Cut Flowers ($15.7M), and Coffee ($10.9M). During the last 27 years the exports of Colombia to Russia have increased at an annualized rate of 9.07%, from $12.3M in 1995 to $128M in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $24.2M and imported $16.1M from Colombia, resulting in a positive trade balance of $8.13M. Between January 2021 and January 2022 the exports of Russia have increased by $18M (289%) from $6.22M to $24.2M, while imports increased by $5.52M (52.3%) from $10.6M to $16.1M.

Trade In January 2022, the top exports of Russia to Colombia were Mixed Mineral or Chemical Fertilizers ($2.47M), Polycarboxylic Acids ($721k), Plastic Pipes ($346k), Insulated Wire ($261k), and Other Uncoated Paper ($253k). In January 2022 the top imports of Russia from Colombia were Frozen Bovine Meat ($2.08M), Coffee ($1.8M), Tropical Fruits ($1.75M), Concentrated Milk ($788k), and Coal Briquettes ($655k).

Origins In January 2022 the exports of Russia were mainly from SAMARA REGION ($5.01M), ROSTOV REGION ($3.2M), REPUBLIC OF BASHKORTOSTAN ($2.17M), TYUMEN REGION ($2.15M), and TULA REGION ($2.06M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($6.1M), KALININGRAD REGION ($3.09M), ST. PETERSBURG ($2.32M), TVER REGION ($1.46M), and MOSCOW REGION ($1.34M).

Growth In January 2022, the increase in Russia's year-by-year exports to Colombia was explained primarily by an increase in product exports in Mixed Mineral or Chemical Fertilizers ($2.37M or 2.25k%), Insulated Wire ($260k or 61k%), and Kraft Paper ($174k or 250%). In January 2022, the increase in Russia's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Tropical Fruits ($1.33M or 314%), Coal Briquettes ($39.3k or 6.39%), and Raw Sugar ($10.7k or 5.26%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2021 - January 2022)$18M(289%)
IMPORT GROWTH (January 2021 - January 2022)$5.52M(52.3%)
MAIN EXPORTER (January 2022)SAMARA REGION$5.01M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Colombia and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $402M to Colombia. The main products exported from Russia to Colombia were Mixed Mineral or Chemical Fertilizers ($145M), Nitrogenous Fertilizers ($77.2M), and Hot-Rolled Iron Bars ($26.2M). During the last 27 years the exports of Russia to Colombia have increased at an annualized rate of 7.04%, from $64M in 1995 to $402M in 2022.

In 2022, Colombia exported $128M to Russia. The main products exported from Colombia to Russia were Frozen Bovine Meat ($82.6M), Cut Flowers ($15.7M), and Coffee ($10.9M). During the last 27 years the exports of Colombia to Russia have increased at an annualized rate of 9.07%, from $12.3M in 1995 to $128M in 2022.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Colombia
Top DestinationUnited States$15.6B

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

In 2021, countries that imported more from Russia than Colombia were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Colombia than Russia were Panama ($5.84B), Chile ($1.63B), and Ecuador ($1.89B).

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

Comparative Advantage Russia - Colombia

Flow
Scale

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

During 2022, Russia had a large net trade with Colombia in the exports of Chemical Products ($238M), Metals ($112M), and Machines ($27.4M).

During 2022, Colombia had a large net trade with Russia in the exports of Animal Products ($86M), Vegetable Products ($37M), and Foodstuffs ($3.6M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Colombia worth $10.9M, with Transportation ($8.9M), Other business services ($1.42M), and Computer and information services ($402k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Colombia (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Russia.

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

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