Colombia Exports to South Korea
Colombia's exports to South Korea rose to $824.8 million in 2023, up from $609.51 million in 2022, according to the UN Comtrade Database. This represents an increase of 35.3% ($215.29 million) from the previous year. Top exports from Colombia to South Korea were Mineral fuels, oils, waxes, bitumen ($553.72 million), Coffee, tea, mate, spices ($136.02 million) and Iron and steel ($42.70 million).
Colombia had a trade deficit with South Korea that narrowed to $32.12 million in 2023 from $441.47 million in 2022. This is a decrease of 92.7% ($409.35 million).
Colombia Exports to South Korea by Goods (2023)
The table below shows the ranking of Colombia exports to South Korea by goods in 2023, highlighting the top exported goods.