2022
Exports
$7.32MWorld Rnk 38 / 182
Flag Rnk 270 / 1142
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$13.7MWorld Rnk 50 / 219
Flag Rnk 493 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $7.32M in Cutting Blades, making it the 38th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 270th most exported product in Colombia. The main destination of Cutting Blades exports from Colombia are: Guatemala ($1.47M), Ecuador ($1.3M), Peru ($1.13M), Brazil ($852k), and France ($654k).

The fastest growing export markets for Cutting Blades of Colombia between 2021 and 2022 were Brazil ($471k), Ecuador ($379k), and France ($334k).

Imports In 2022, Colombia imported $13.7M in Cutting Blades, becoming the 50th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 493rd most imported product in Colombia. Colombia imports Cutting Blades primarily from: China ($2.32M), United States ($2.19M), Germany ($1.88M), Switzerland ($1.25M), and Italy ($1.23M).

The fastest growing import markets in Cutting Blades for Colombia between 2021 and 2022 were Italy ($479k), United States ($345k), and Australia ($273k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cutting Blades. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.32M
IMPORTS (2022)$13.7M
NET TRADE (2022)-$6.41M

In 2022, Colombia exported $7.32M in Cutting Blades. The main destinations of Colombia exports on Cutting Blades were Guatemala ($1.47M), Ecuador ($1.3M), Peru ($1.13M), Brazil ($852k), and France ($654k).

In 2022, Colombia imported $13.7M in Cutting Blades, mainly from China ($2.32M), United States ($2.19M), Germany ($1.88M), Switzerland ($1.25M), and Italy ($1.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Brazil$471k (124%)
Ecuador$379k (41.1%)
France$334k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Colombia WERE (2021 - 2022):
Cuba-$266k (-100%)
Australia-$49.8k (-100%)
United States-$45.7k (-15.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Cutting Blades were:
In 2022, Colombia's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $482k
TOP IMPORT POTENTIALChina+ $1.02M

Cutting Blades’s highest export potential is United States. With an export gap of $482k.   Cutting Blades’s highest import potential is China with an import gap of $1.02M.

See methodology.

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