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Pricing

2022
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Exports $1.51BRnk 40 / 211
2022
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Top Product $344MCars
2022
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Exports $618MRnk 22 / 187
2022
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Top Product $278MCoffee
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 0.094Rnk 57 / 124
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$344BCURRENT US$
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2012-2022
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GDP GROWTH-7.22%CURRENT US$
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2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$6,630CURRENT US$
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2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
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About

Japan-Colombia In 2022, Japan exported $1.51B to Colombia. The main products that Japan exported to Colombia are Cars ($344M), Delivery Trucks ($265M), and Hot-Rolled Iron ($157M). During the last 27 years the exports of Japan to Colombia have increased at an annualized rate of 1.31%, from $1.06B in 1995 to $1.51B in 2022.

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

Colombia-Japan 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). During the last 27 years the exports of Colombia to Japan have increased at an annualized rate of 1.91%, from $370M in 1995 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 1.99), and 4 in total exports ($728B). That same year, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥9.92B and imported ¥6.33B from Colombia, resulting in a positive trade balance of ¥3.58B. Between January 2023 and January 2024 the exports of Japan have increased by ¥385M (4.04%) from ¥9.53B to ¥9.92B, while imports increased by ¥2.22B (54%) from ¥4.11B to ¥6.33B.

Trade In January 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 January 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 January 2024 the exports of Japan were mainly from Ōita (¥1.81B), Aichi (¥1.63B), Okayama (¥1.13B), Kanagawa (¥1.11B), and Ibaraki (¥1B), while imports destinations were mainly Kanagawa (¥2.27B), Aichi (¥1.82B), Chiba (¥785M), Hyōgo (¥718M), and Tokyo (¥216M).

Growth In January 2024, the increase in Japan's year-by-year exports to Colombia was explained primarily by an increase in product exports in Hot-Rolled Iron (¥734M or 78.4%), Motorcycles and cycles (¥167M or 287%), and Spark-Ignition Engines (¥161M or 102%). In January 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

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥385M(4.04%)
IMPORT GROWTH (January 2023 - January 2024)¥2.22B(54%)
MAIN EXPORTER (January 2024)Ōita¥1.81B

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.

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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 27 years the exports of Japan to Colombia have increased at an annualized rate of 1.31%, from $1.06B in 1995 to $1.51B in 2022.

In 2022, 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 27 years the exports of Colombia to Japan have increased at an annualized rate of 1.91%, from $370M in 1995 to $618M in 2022.

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 2021, countries that imported more from Japan than Colombia were China ($135B), United States ($137B), and South Korea ($50.8B).

In 2021, countries that imported more from Colombia than Japan were 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 2022, Colombia had a large net trade with Japan in the exports of Vegetable Products ($337M), Mineral Products ($153M), and Metals ($49.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Japan.

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

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