Merchandise exports by the reporting economy, residual in Colombia
Colombia: Merchandise exports by the reporting economy, residual was 1.4% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Colombia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports by the reporting economy, residual in Colombia stood at 1.4%.
That represents a change of up 22.9% on the previous year and down 64.9% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Colombia peaked at 18.1% in 2007 and was at its lowest, 0.2%, in 1963.
Colombia ranks 4th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Colombia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.3% | — |
| 1961 | 0.3% | -1.8% |
| 1962 | 0.2% | -27.1% |
| 1963 | 0.2% | -6.9% |
| 1964 | 0.3% | +45.7% |
| 1965 | 0.5% | +78.6% |
| 1966 | 0.6% | +3.1% |
| 1967 | 0.8% | +52.4% |
| 1968 | 1.2% | +42.6% |
| 1969 | 1.2% | +2.3% |
| 1970 | 0.8% | -36.3% |
| 1971 | 1.1% | +44.5% |
| 1972 | 2.0% | +72.5% |
| 1973 | 1.9% | -3.3% |
| 1974 | 3.1% | +61.9% |
| 1975 | 6.3% | +106.1% |
| 1976 | 7.4% | +16.2% |
| 1977 | 9.4% | +28.5% |
| 1978 | 8.4% | -11.1% |
| 1979 | 10.9% | +29.4% |
| 1980 | 7.4% | -32.1% |
| 1981 | 12.0% | +63.0% |
| 1982 | 12.3% | +2.7% |
| 1983 | 4.2% | -66.1% |
| 1984 | 3.0% | -27.9% |
| 1985 | 3.9% | +28.7% |
| 1986 | 3.1% | -19.3% |
| 1987 | 4.7% | +49.8% |
| 1988 | 4.6% | -2.6% |
| 1989 | 3.4% | -26.6% |
| 1990 | 3.2% | -5.3% |
| 1991 | 6.3% | +97.9% |
| 1992 | 8.7% | +38.9% |
| 1993 | 10.1% | +15.5% |
| 1994 | 6.7% | -33.8% |
| 1995 | 9.9% | +48.1% |
| 1996 | 7.8% | -21.0% |
| 1997 | 8.7% | +12.0% |
| 1998 | 10.8% | +23.2% |
| 1999 | 8.1% | -24.9% |
| 2000 | 10.1% | +24.5% |
| 2001 | 14.3% | +42.3% |
| 2002 | 9.5% | -33.3% |
| 2003 | 5.4% | -43.5% |
| 2004 | 9.9% | +84.0% |
| 2005 | 10.1% | +1.8% |
| 2006 | 11.3% | +12.0% |
| 2007 | 18.1% | +59.9% |
| 2008 | 16.8% | -7.3% |
| 2009 | 12.5% | -25.5% |
| 2010 | 3.6% | -70.8% |
| 2011 | 3.1% | -14.3% |
| 2012 | 4.5% | +44.6% |
| 2013 | 3.9% | -13.2% |
| 2014 | 3.7% | -4.6% |
| 2015 | 3.1% | -17.5% |
| 2016 | 2.1% | -32.2% |
| 2017 | 0.9% | -57.3% |
| 2018 | 0.9% | -4.4% |
| 2019 | 0.5% | -41.2% |
| 2020 | 0.6% | +28.4% |
| 2021 | 0.8% | +26.2% |
| 2022 | 1.1% | +37.7% |
| 2023 | 1.4% | +22.9% |
Colombia compared with similar countries
- Colombia's 1.4% is above the median for upper middle income countries, which is 0.0%, 1521.1× the median. (59 countries reporting)
- Colombia's 1.4% is above the median for Latin America & Caribbean, which is 0.1%, 21.6× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6% | 0.2% | 1.2% | 10 |
| 1970s | 5.1% | 0.8% | 10.9% | 10 |
| 1980s | 5.9% | 3.0% | 12.3% | 10 |
| 1990s | 8.0% | 3.2% | 10.8% | 10 |
| 2000s | 11.8% | 5.4% | 18.1% | 10 |
| 2010s | 2.6% | 0.5% | 4.5% | 10 |
| 2020s | 1.0% | 0.6% | 1.4% | 4 |
Countries ranked near Colombia
More private sector data for Colombia
- Merchandise trade 26.4% (2025)
- Food imports 13.7% (2024)
- Manufactures imports 72.9% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Food exports 18.1% (2024)
- Manufactures exports 21.4% (2024)
- Merchandise exports 50.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 937.49 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1095 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.05 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in Colombia?
- Merchandise exports by the reporting economy, residual in Colombia was 1.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Colombia?
- The highest recorded value was 18.1% in 2007.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Colombia?
- The lowest recorded value was 0.2% in 1963.
- How does Colombia rank for merchandise exports by the reporting economy, residual?
- Colombia ranks 4th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Colombia?
- Over the last ten years it is down 64.9%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.