Colombia (COL) and Estonia (EST) Trade | The Observatory of Economic Complexity

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Colombia-Estonia Trade: In 2022, Colombia exported $13.4M to Estonia. The main products that Colombia exported to Estonia were Ferroalloys ($6.3M), Coffee ($2.27M), and Crude Petroleum ($977k). Over the past 5 years the exports of Colombia to Estonia have increased at an annualized rate of 21%, from $5.18M in 2017 to $13.4M in 2022.

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

Estonia-Colombia Trade: In 2022, Estonia exported $4.48M to Colombia. The main products that Estonia exported to Colombia were Peat ($1.29M), Broadcasting Equipment ($256k), and Glaziers Putty ($251k). Over the past 5 years the exports of Estonia to Colombia have decreased at an annualized rate of 7.42%, from $6.59M in 2017 to $4.48M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), 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 $13.4M to Estonia. The main products exported from Colombia to Estonia were Ferroalloys ($6.3M), Coffee ($2.27M), and Crude Petroleum ($977k). During the last 5 years the exports of Colombia to Estonia have increased at an annualized rate of 21%, from $5.18M in 2017 to $13.4M in 2022.

In 2017, Estonia exported $4.48M to Colombia. The main products exported from Estonia to Colombia were Peat ($1.29M), Broadcasting Equipment ($256k), and Glaziers Putty ($251k). During the last 5 years the exports of Estonia to Colombia have decreased at an annualized rate of 7.42%, from $6.59M in 2022 to $4.48M in 2017.

Exports from Colombia () to Estonia () (2022)

Exports from Estonia () to Colombia () (2022)

Latest Data

Trade between Colombia () and Estonia ()

Colombia Exports

Date

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Colombia included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

Difference in imports from Estonia () and Colombia () (2022)

Comparative Advantage Colombia - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Colombia had a large net trade with Estonia in the exports of Metals ($6.3M), Vegetable Products ($3.79M), and Foodstuffs ($1.55M).

During 2017, Estonia had a large net trade with Colombia in the exports of Mineral Products ($1.38M), Machines ($1.35M), and Instruments ($524k).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

Exports from Colombia () to Estonia () (2022)

Exports from Estonia () to Colombia () (2022)

Latest Data

Trade between Colombia () and Estonia ()

Colombia Exports

Estonia Exports

Market Competitiveness

Difference in imports from Estonia () and Colombia () (2022)

Comparative Advantage Colombia - Estonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Colombia () and Estonia () (2022)

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