2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Colombia Trade: In 2022, Netherlands exported $782M to Colombia. The main products that Netherlands exported to Colombia were Refined Petroleum ($99.2M), Packaged Medicaments ($67.9M), and Medical Instruments ($52.3M). Over the past 5 years the exports of Netherlands to Colombia have increased at an annualized rate of 13.2%, from $421M in 2017 to $782M in 2022.

In 2009, Netherlands exported services to Colombia worth $155M, with Services not allocated ($155M) being the largest in terms of value.

Colombia-Netherlands Trade: In 2022, Colombia exported $3.67B to Netherlands. The main products that Colombia exported to Netherlands were Coal Briquettes ($2.75B), Refined Petroleum ($139M), and Ferroalloys ($129M). Over the past 5 years the exports of Colombia to Netherlands have increased at an annualized rate of 14.3%,  from $1.88B in 2017 to $3.67B in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $782M to Colombia. The main products exported from Netherlands to Colombia were Refined Petroleum ($99.2M), Packaged Medicaments ($67.9M), and Medical Instruments ($52.3M). During the last 5 years the exports of Netherlands to Colombia have increased at an annualized rate of 13.2%, from $421M in 2017 to $782M in 2022.

In 2017, Colombia exported $3.67B to Netherlands. The main products exported from Colombia to Netherlands were Coal Briquettes ($2.75B), Refined Petroleum ($139M), and Ferroalloys ($129M). During the last 5 years the exports of Colombia to Netherlands have increased at an annualized rate of 14.3%, from $1.88B in 2022 to $3.67B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from Netherlands than Colombia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Colombia than Netherlands included Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

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

Comparative Advantage Netherlands - Colombia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Colombia in the exports of Chemical Products ($236M), Instruments ($102M), and Mineral Products ($100M).

During 2017, Colombia had a large net trade with Netherlands in the exports of Mineral Products ($2.92B), Vegetable Products ($372M), and Animal and Vegetable Bi-Products ($187M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Colombia+$88.9MRefined Petroleum
Top Product Potential Colombia Netherlands+$81.6MRefined 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 Netherlands and Colombia. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Netherlands.

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

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