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2023
Flag → Flag
Exports $16BRnk 26 / 220
2023
Flag → Flag
Top Product $3.53BRefined Petroleum
2023
Flag → Flag
Exports $14.8BRnk 1 / 183
2023
Flag → Flag
Top Product $4.65BCrude Petroleum
2023
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Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
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GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
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GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
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GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
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GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
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GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

United States-Colombia Trade: In 2023, United States exported $16B to Colombia. The main products that United States exported to Colombia were Refined Petroleum ($3.53B), Corn ($1.11B), and Planes, Helicopters, and/or Spacecraft ($798M). Over the past 5 years the exports of United States to Colombia have increased at an annualized rate of 4.01%, from $13.1B in 2018 to $16B in 2023.

In 2017, United States exported services to Colombia worth $6.17B, with Travel ($2.49B), Transportation ($1.39B), and Financial services ($740M) being the largest in terms of value.

Colombia-United States Trade: In 2023, Colombia exported $14.8B to United States. The main products that Colombia exported to United States were Crude Petroleum ($4.65B), Cut Flowers ($1.62B), and Refined Petroleum ($1.44B). Over the past 5 years the exports of Colombia to United States have increased at an annualized rate of 4.24%,  from $12B in 2018 to $14.8B in 2023.

In 2023, Colombia did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Company data: In 2023, leading companies such as Rothfos (1) and SKF Group (1) were at the forefront of exporting goods from Colombia to the United States. Conversely, Other (2) were notable for importing products to Colombia from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $1.68B and imported $1.51B from Colombia, resulting in a positive trade balance of $171M. Between November 2023 and November 2024 the exports of United States have increased by $216M (14.7%) from $1.47B to $1.68B, while imports increased by $139M (10.1%) from $1.37B to $1.51B.

Trade In November 2024, the top exports of United States to Colombia were Refined Petroleum ($228M), Crude Petroleum ($74.5M), Soybean Meal ($64.3M), Aircraft parts (gliders, balloons, and powered... ($51.9M), and Commodities not elsewhere specified ($35.4M). In November 2024 the top imports of United States from Colombia were Crude Petroleum ($338M), Coffee ($158M), Cut Flowers ($137M), Gold ($111M), and Refined Petroleum ($85.6M).

Origins In November 2024 the exports of United States were mainly from Texas ($467M), Louisiana ($394M), Florida ($221M), Georgia ($79M), and Illinois ($71.6M), while imports destinations were mainly Texas ($447M), Florida ($375M), California ($215M), New Jersey ($72.8M), and New York ($58.6M).

Growth In November 2024, the increase in United States's year-by-year exports to Colombia was explained primarily by an increase in product exports in Starch Residue ($20.6M or 377%), Alcohol > 80% ABV ($17.2M or 17.1k%), and Cars ($15.3M or 198%). In November 2024, the increase in United States's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Refined Petroleum ($42.6M or 99.2%), Gold ($32.9M or 42%), and Aluminium Structures ($10.9M or 47.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$216M(14.7%)
IMPORT GROWTH (November 2023 - November 2024)$139M(10.1%)
MAIN EXPORTER (November 2024)Texas$467M

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

To check Colombia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $16B to Colombia. The main products exported from United States to Colombia were Refined Petroleum ($3.53B), Corn ($1.11B), and Planes, Helicopters, and/or Spacecraft ($798M). During the last 5 years the exports of United States to Colombia have increased at an annualized rate of 4.01%, from $13.1B in 2018 to $16B in 2023.

In 2018, Colombia exported $14.8B to United States. The main products exported from Colombia to United States were Crude Petroleum ($4.65B), Cut Flowers ($1.62B), and Refined Petroleum ($1.44B). During the last 5 years the exports of Colombia to United States have increased at an annualized rate of 4.24%, from $12B in 2023 to $14.8B in 2018.

Exports from United States (Flag) to Colombia (Flag) (2023)

Exports from Colombia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from United States than Colombia included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Colombia than United States included Bonaire ($202M), Guam ($310k), and American Samoa ($61.4k).

Difference in imports from Colombia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Colombia

Flow
Scale

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

During 2023, United States had a large net trade with Colombia in the exports of Mineral Products ($4.24B), Chemical Products ($2.77B), and Vegetable Products ($1.68B).

During 2018, Colombia had a large net trade with United States in the exports of Mineral Products ($6.65B), Vegetable Products ($3.29B), and Precious Metals ($1.55B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Colombia+$142MCars
Top Product Potential Colombia United States+$1.3BCrude 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 United States and Colombia. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Colombia (Flag) (2023)

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