Viet Nam
↔
Colombia

Viet Nam-Colombia Bilateral Trade Analysis 2023

Complete trade statistics: $824.03M total volume •Viet Nam surplus: $824.03M

Viet Nam → Colombia

$824.03M

Exports (2023)

Colombia → Viet Nam

$0

Imports (2023)

Trade Balance

$824.03M

Surplus for Viet Nam

Total Trade

$824.03M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Viet Nam and Colombia. Green line shows exports from Viet Nam, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Viet Nam-Colombia commercial relationship and competitive positioning in global markets.

Viet Nam → Colombia Exports

$824.03M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
33.6% top product
1Telephones for cellular networks or for other wireless networks
$276.90M
33.6% of exports
2Yarn: (not sewing thread), of polyester staple fibres, mixed mainly or solely with cotton, not put up for retail sale
$45.59M
5.5% of exports
3Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$39.74M
4.8% of exports
4Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials
$33.86M
4.1% of exports
5Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather
$25.33M
3.1% of exports

🎯 Strategic Export Focus

Viet Nam's export portfolio to Colombia demonstrates strategic specialization, with telephones for cellular networks or for other wireless networks representing a key competitive advantage in this bilateral market.

Colombia → Viet Nam Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Coffee: not roasted or decaffeinated
$9.65M
Infinity% of imports
2Fungicides: other than containing goods specified in Subheading Note 1 to this Chapter: put up in forms or packings for retail sale or as preparations or articles
$2.65M
Infinity% of imports
3Offal, edible: of bovine animals, fresh or chilled
$2.59M
Infinity% of imports
4Fish: frozen, yellowfin tunas (Thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$2.38M
Infinity% of imports
5Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$952,354
Infinity% of imports

📦 Import Strategy Analysis

Viet Nam's import pattern from Colombia reveals significant dependencyin coffee: not roasted or decaffeinated, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Viet Nam demonstrates competitive strength in exportingtelephones for cellular networks or for other wireless networks to Colombia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $824.03M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Viet Nam-Colombia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $824.03 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Viet Nam maintains a surplus of $824.03 million
  • Export Focus: Viet Nam's primary exports include telephones for cellular networks or for other wireless networks, yarn: (not sewing thread), of polyester staple fibres, mixed mainly or solely with cotton, not put up for retail sale, automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
  • Import Dependencies: Key imports from Colombia include coffee: not roasted or decaffeinated, fungicides: other than containing goods specified in subheading note 1 to this chapter: put up in forms or packings for retail sale or as preparations or articles, offal, edible: of bovine animals, fresh or chilled

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $824.03M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Viet Nam leveraging its comparative advantages in telephones for cellular networks or for other wireless networks.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Viet Nam's specialization in telephones for cellular networks or for other wireless networkscomplements Colombia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in coffee: not roasted or decaffeinated.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $824.03M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $824.03M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $824.03 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in telephones for cellular networks or for other wireless networks and coffee: not roasted or decaffeinated demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Viet Nam's trade surplus of $824.03 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in yarn: (not sewing thread), of polyester staple fibres, mixed mainly or solely with cotton, not put up for retail sale present expansion opportunities.
Market Diversification
Beyond current focus on coffee: not roasted or decaffeinated, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in telephones for cellular networks or for other wireless networks may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Viet Nam and Colombia represents a total trade volume of $824.03 million in 2023. This partnership demonstrates a favorable trade balance for Viet Nam, with exports exceeding importsby $824.03 million.

Export Strengths

Viet Nam's exports to Colombia total $824.03 million, with competitive advantages in telephones for cellular networks or for other wireless networks, representing $276.90M or33.6% of bilateral exports.

Import Dependencies

Imports from Colombia amount to $0.00, highlighting economic interdependence in coffee: not roasted or decaffeinated, with Coffee: not roasted or decaffeinated comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Viet Nam's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Viet Nam and Colombia in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023