Summary
- Colombia → South Korea
- $1.3billion
- South Korea → Colombia
- $978million
- Colombia’s balance
- $311million
Balance
Colombia’s trade balance with South Korea
Trade between Colombia and South Korea grew 6.9-fold since 1995
USD billions (current). Colombia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.3
- Imports 1
- Balance +0.3
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $55 million | $273 million | -$218 million |
| 1996 | $51 million | $234 million | -$183 million |
| 1997 | $76 million | $304 million | -$229 million |
| 1998 | $44 million | $313 million | -$269 million |
| 1999 | $47 million | $200 million | -$153 million |
| 2000 | $49 million | $253 million | -$204 million |
| 2001 | $45 million | $281 million | -$237 million |
| 2002 | $49 million | $322 million | -$273 million |
| 2003 | $82 million | $348 million | -$266 million |
| 2004 | $100 million | $538 million | -$438 million |
| 2005 | $139 million | $616 million | -$478 million |
| 2006 | $205 million | $795 million | -$589 million |
| 2007 | $118 million | $921 million | -$803 million |
| 2008 | $126 million | $952 million | -$827 million |
| 2009 | $123 million | $718 million | -$595 million |
| 2010 | $400 million | $1 billion | -$639 million |
| 2011 | $330 million | $1.3 billion | -$946 million |
| 2012 | $374 million | $1.3 billion | -$934 million |
| 2013 | $233 million | $1.3 billion | -$1.1 billion |
| 2014 | $558 million | $1.5 billion | -$949 million |
| 2015 | $276 million | $1.2 billion | -$885 million |
| 2016 | $417 million | $895 million | -$478 million |
| 2017 | $540 million | $796 million | -$256 million |
| 2018 | $714 million | $852 million | -$138 million |
| 2019 | $570 million | $693 million | -$124 million |
| 2020 | $613 million | $679 million | -$65 million |
| 2021 | $626 million | $967 million | -$341 million |
| 2022 | $681 million | $1 billion | -$358 million |
| 2023 | $915 million | $864 million | $50 million |
| 2024 | $1.3 billion | $978 million | $311 million |
What they sell each other
What Colombia sells to South Korea
The top 10 headings in 2024, with their share of the total.
What South Korea sells to Colombia
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Cartagena and Busan is 8,737 nautical miles (16,180 km) long: ≈ 20–26 days at sea (at 18 and 14 knots).
Passages it crosses: Panama Canal.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
South Korea was Colombia’s 11th largest trading partner (2% of its trade), and Colombia was South Korea’s 53rd (0.2%).
- South Korea in Colombia’s trade
- 2%
- South Korea’s rank among Colombia’s partners
- 11th
- Colombia in South Korea’s trade
- 0.2%
- Colombia’s rank among South Korea’s partners
- 53rd
Compare with
Other partners of Colombia
Other partners of South Korea
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.