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Trade between Colombia and Spain

In 2024, Colombia exported $697 million to Spain and imported $1.1 billion. Colombia ran a deficit of $423 million with Spain, compared with a deficit of $485 million in 2019. Spain was Colombia’s 15th largest trading partner (2% of its trade), and Colombia was Spain’s 58th (0.2%).

Summary

Colombia → Spain
$697million
Spain → Colombia
$1.1billion
Colombia’s balance
-$423million

Balance

Colombia’s trade balance with Spain

Trade between Colombia and Spain grew 3.1-fold since 1995

USD billions (current). Colombia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.7
  • Imports 1.1
  • Balance -0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$240 million$338 million-$99 million
1996$203 million$351 million-$149 million
1997$173 million$391 million-$219 million
1998$173 million$501 million-$328 million
1999$184 million$251 million-$67 million
2000$218 million$228 million-$10 million
2001$162 million$263 million-$101 million
2002$242 million$284 million-$42 million
2003$237 million$278 million-$41 million
2004$263 million$300 million-$38 million
2005$424 million$368 million$56 million
2006$573 million$428 million$144 million
2007$652 million$491 million$161 million
2008$766 million$670 million$95 million
2009$525 million$488 million$37 million
2010$645 million$519 million$127 million
2011$1.8 billion$700 million$1.1 billion
2012$3.2 billion$805 million$2.4 billion
2013$2.7 billion$1 billion$1.7 billion
2014$3.1 billion$985 million$2.2 billion
2015$1.7 billion$936 million$779 million
2016$1.2 billion$934 million$244 million
2017$1.1 billion$979 million$127 million
2018$1.2 billion$1 billion$195 million
2019$566 million$1.1 billion-$485 million
2020$530 million$811 million-$282 million
2021$752 million$1.3 billion-$552 million
2022$1.6 billion$1.4 billion$164 million
2023$1.2 billion$1.3 billion-$54 million
2024$697 million$1.1 billion-$423 million

What they sell each other

What Colombia sells to Spain

The top 10 headings in 2024, with their share of the total.

  1. Coal$121 million · 17.3%
    1 million tonnes · Colombia’s destinations
  2. Refined petroleum$99 million · 14.3%
    129 thousand tonnes · Colombia’s destinations
  3. Coffee$75 million · 10.8%
    15 thousand tonnes · Colombia’s destinations
  4. Cut flowers$57 million · 8.2%
    9 thousand tonnes · Colombia’s destinations
  5. Bananas$50 million · 7.2%
    68 thousand tonnes · Colombia’s destinations
  6. Coke$36 million · 5.2%
    107 thousand tonnes
  7. 13 thousand tonnes
  8. Ferroalloys$20 million · 2.9%
    5 thousand tonnes
  9. Palm oil$16 million · 2.3%
    17 thousand tonnes
  10. Cane and beet sugar$15 million · 2.2%
    16 thousand tonnes

What Spain sells to Colombia

The top 10 headings in 2024, with their share of the total.

  1. 1 thousand tonnes · Spain’s destinations
  2. Olive oil$73 million · 6.5%
    7 thousand tonnes · Spain’s destinations
  3. Makeup and skin care$44 million · 3.9%
    3 thousand tonnes · Spain’s destinations
  4. Cars$32 million · 2.9%
    2 thousand tonnes · Spain’s destinations
  5. Fragrance mixtures$29 million · 2.6%
    939 tonnes
  6. Vaccines, blood and antisera$24 million · 2.1%
    162 tonnes · Spain’s destinations
  7. Books and brochures$19 million · 1.7%
    1 thousand tonnes
  8. Spark-ignition engines$18 million · 1.6%
    918 tonnes
  9. Hair care$17 million · 1.6%
    6 thousand tonnes
  10. Detergents and surfactants$17 million · 1.5%
    11 thousand tonnes

How it travels

Estimated sea route from Cartagena to Valencia.

The estimated sea route between Cartagena and Valencia is 4,668 nautical miles (8,646 km) long: ≈ 11–14 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar.

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

  1. Sea$1.6 billion · 86.6%
  2. Air$244 million · 13.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Spain was Colombia’s 15th largest trading partner (2% of its trade), and Colombia was Spain’s 58th (0.2%).

Spain in Colombia’s trade
1.6%
Spain’s rank among Colombia’s partners
15th
Colombia in Spain’s trade
0.2%
Colombia’s rank among Spain’s partners
58th

Compare with

Sources and methodology

Sources and licenses

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.