Colombia (COL) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

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Colombia-British Indian Ocean Territory Trade: In 2022, Colombia exported $11.7k to British Indian Ocean Territory. The main products that Colombia exported to British Indian Ocean Territory were Jewellery ($11.7k). Over the past 17 years the exports of Colombia to British Indian Ocean Territory have decreased at an annualized rate of 7.74%, from $46k in 2005 to $11.7k in 2022.

In 2022, Colombia did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Colombia In N/A, British Indian Ocean Territory did not export any products to Colombia.

In 2022, British Indian Ocean Territory did not export any services to Colombia.

Comparison In 2022, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $11.7k to British Indian Ocean Territory. The main products exported from Colombia to British Indian Ocean Territory were Jewellery ($11.7k). During the last 17 years the exports of Colombia to British Indian Ocean Territory have decreased at an annualized rate of 7.74%, from $46k in 2005 to $11.7k in 2022.

British Indian Ocean Territory does not register exports to Colombia. The main products exported from British Indian Ocean Territory to Colombia were Excavation Machinery ($27.1k).

Exports from Colombia () to British Indian Ocean Territory () (2022)

Exports from British Indian Ocean Territory () to Colombia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

In 2022, countries that imported more from Colombia than British Indian Ocean Territory included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from British Indian Ocean Territory than Colombia included Uzbekistan ($280k).

Difference in imports from British Indian Ocean Territory () and Colombia () (2022)

Comparative Advantage Colombia - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Colombia and British Indian Ocean Territory by product, considering products traded by both, Colombia and British Indian Ocean Territory.

During 2022, Colombia had a large net trade with British Indian Ocean Territory in the exports of Precious Metals ($11.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia British Indian Ocean Territory+N/AN/A

Top Product Potential British Indian Ocean Territory Colombia+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Colombia () to British Indian Ocean Territory () (2022)

Exports from British Indian Ocean Territory () to Colombia () (2022)

Market Competitiveness

Difference in imports from British Indian Ocean Territory () and Colombia () (2022)

Comparative Advantage Colombia - British Indian Ocean Territory

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Colombia () and British Indian Ocean Territory () (2022)

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