2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Colombia-Czechia Trade: In 2022, Colombia exported $43.9M to Czechia. The main products that Colombia exported to Czechia were Bananas ($24.7M), Cut Flowers ($5.72M), and Coffee and Tea Extracts ($2.52M). Over the past 5 years the exports of Colombia to Czechia have increased at an annualized rate of 9.39%, from $28.1M in 2017 to $43.9M in 2022.

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

Czechia-Colombia Trade: In 2022, Czechia exported $100M to Colombia. The main products that Czechia exported to Colombia were Cars ($30.1M), Plastic Pipes ($5.92M), and Office Machine Parts ($3.89M). Over the past 5 years the exports of Czechia to Colombia have increased at an annualized rate of 10.7%,  from $60.5M in 2017 to $100M in 2022.

In 2002, Czechia exported services to Colombia worth $330k, with Transportation ($309k), Other business services ($14.7k), and Computer and information services ($6.29k) being the largest in terms of value.

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $43.9M to Czechia. The main products exported from Colombia to Czechia were Bananas ($24.7M), Cut Flowers ($5.72M), and Coffee and Tea Extracts ($2.52M). During the last 5 years the exports of Colombia to Czechia have increased at an annualized rate of 9.39%, from $28.1M in 2017 to $43.9M in 2022.

In 2017, Czechia exported $100M to Colombia. The main products exported from Czechia to Colombia were Cars ($30.1M), Plastic Pipes ($5.92M), and Office Machine Parts ($3.89M). During the last 5 years the exports of Czechia to Colombia have increased at an annualized rate of 10.7%, from $60.5M in 2022 to $100M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Czechia (Flag)

Colombia Exports

Czechia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Colombia than Czechia included United States ($15.6B), Panama ($5.84B), and Brazil ($2.39B).

In 2022, countries that imported more from Czechia than Colombia included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Colombia - Czechia

Flow
Scale

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

During 2022, Colombia had a large net trade with Czechia in the exports of Vegetable Products ($32.4M), Foodstuffs ($4.56M), and Mineral Products ($2.32M).

During 2017, Czechia had a large net trade with Colombia in the exports of Transportation ($31.4M), Machines ($30.3M), and Plastics and Rubbers ($9.01M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Czechia+$6.07MCoal Briquettes
Top Product Potential Czechia Colombia+$33MCars

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 Colombia and Czechia. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Colombia.

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

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