Saudi Arabia (SAU) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Colombia Trade: In 2022, Saudi Arabia exported $58M to Colombia. The main products that Saudi Arabia exported to Colombia were Ethylene Polymers ($33.9M), Propylene Polymers ($13.1M), and Mixed Mineral or Chemical Fertilizers ($3.01M). Over the past 5 years the exports of Saudi Arabia to Colombia have increased at an annualized rate of 4.29%, from $47M in 2017 to $58M in 2022.

In 2022, Saudi Arabia did not export any services to Colombia.

Colombia-Saudi Arabia In N/A, Colombia did not export any products to Saudi Arabia.

In 2022, Colombia did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saudi Arabia exported $58M to Colombia. The main products exported from Saudi Arabia to Colombia were Ethylene Polymers ($33.9M), Propylene Polymers ($13.1M), and Mixed Mineral or Chemical Fertilizers ($3.01M). During the last 5 years the exports of Saudi Arabia to Colombia have increased at an annualized rate of 4.29%, from $47M in 2017 to $58M in 2022.

Colombia does not register exports to Saudi Arabia. The main products exported from Colombia to Saudi Arabia were Refined Petroleum ($81.2M), Bovine ($36.7M), and Coffee ($21M).

Exports from Saudi Arabia () to Colombia () (2022)

Exports from Colombia () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Colombia ()

Saudi Arabia Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Saudi Arabia than Colombia included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Colombia than Saudi Arabia included Panama ($5.84B), Ecuador ($1.89B), and Mexico ($1.73B).

Difference in imports from Colombia () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Colombia in the exports of Plastics and Rubbers ($48.5M), Chemical Products ($7.18M), and Stone And Glass ($986k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Colombia+$18.3MEthylene Polymers

Top Product Potential Colombia Saudi Arabia+$21.2MRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Colombia () (2022)

Exports from Colombia () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Colombia ()

Saudi Arabia Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Colombia () (2022)

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