Sign In
Pricing

2022
Flag → Flag
Exports $1.51BRnk 40 / 211
2022
Flag → Flag
Top Product $344MCars
2022
Flag → Flag
Exports $618MRnk 22 / 187
2022
Flag → Flag
Top Product $278MCoffee
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Japan-Colombia Trade: In 2022, Japan exported $1.51B to Colombia. The main products that Japan exported to Colombia were Cars ($344M), Delivery Trucks ($265M), and Hot-Rolled Iron ($157M). Over the past 5 years the exports of Japan to Colombia have increased at an annualized rate of 5.06%, from $1.18B in 2017 to $1.51B in 2022.

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

Colombia-Japan Trade: In 2022, Colombia exported $618M to Japan. The main products that Colombia exported to Japan were Coffee ($278M), Coal Briquettes ($153M), and Cut Flowers ($54.5M). Over the past 5 years the exports of Colombia to Japan have increased at an annualized rate of 1.71%,  from $568M in 2017 to $618M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Latest Trends

June, 2024

About

Overview In June 2024, Japan exported ¥12.8B and imported ¥13.1B from Colombia, resulting in a negative trade balance of ¥331M. Between June 2023 and June 2024 the exports of Japan have decreased by ¥-2.6B (-16.9%) from ¥15.3B to ¥12.8B, while imports increased by ¥3.58B (37.7%) from ¥9.5B to ¥13.1B.

Trade In June 2024, the top exports of Japan to Colombia were Cars (¥2.09B), Hot-Rolled Iron (¥1.67B), Delivery Trucks (¥1.17B), Flat Flat-Rolled Steel (¥1.12B), and Spark-Ignition Engines (¥320M). In June 2024 the top imports of Japan from Colombia were Coffee (¥1.96B), Cut Flowers (¥673M), Coffee and Tea Extracts (¥518M), Ferroalloys (¥391M), and Pesticides (¥128M).

Origins In June 2024 the exports of Japan were mainly from Aichi (¥3.31B), Kanagawa (¥2.6B), Fukuoka (¥2.17B), Ōita (¥1.14B), and Hiroshima (¥787M), while imports destinations were mainly Hiroshima (¥3.96B), Kanagawa (¥3.34B), Chiba (¥2.16B), Okayama (¥1.76B), and Hyōgo (¥547M).

Growth In June 2024, the decrease in Japan's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Delivery Trucks (¥-2.15B or -64.8%), Flat Flat-Rolled Steel (¥-834M or -42.6%), and Cars (¥-660M or -24%). In June 2024, the increase in Japan's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Coffee and Tea Extracts (¥120M or 30.1%), Trunks and Cases (¥58M or 311%), and Cut Flowers (¥54.7M or 8.84%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)¥-2.6B(-16.9%)
IMPORT GROWTH (June 2023 - June 2024)¥3.58B(37.7%)
MAIN EXPORTER (June 2024)Aichi¥3.31B

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

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

For full datasets download visit Bulk Download page.

Explore Colombia and Japan Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $1.51B to Colombia. The main products exported from Japan to Colombia were Cars ($344M), Delivery Trucks ($265M), and Hot-Rolled Iron ($157M). During the last 5 years the exports of Japan to Colombia have increased at an annualized rate of 5.06%, from $1.18B in 2017 to $1.51B in 2022.

In 2017, Colombia exported $618M to Japan. The main products exported from Colombia to Japan were Coffee ($278M), Coal Briquettes ($153M), and Cut Flowers ($54.5M). During the last 5 years the exports of Colombia to Japan have increased at an annualized rate of 1.71%, from $568M in 2022 to $618M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Japan than Colombia included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Colombia than Japan included Panama ($5.84B), Ecuador ($1.89B), and Venezuela ($632M).

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

Comparative Advantage Japan - Colombia

Flow
Scale

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

During 2022, Japan had a large net trade with Colombia in the exports of Transportation ($743M), Metals ($307M), and Machines ($215M).

During 2017, Colombia had a large net trade with Japan in the exports of Vegetable Products ($337M), Mineral Products ($153M), and Metals ($49.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Colombia+$136MCars
Top Product Potential Colombia Japan+$282MCoal Briquettes

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms