2022
Exports
$142MWorld Rnk 47 / 223
Flag Rnk 34 / 1142
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$293MWorld Rnk 54 / 225
Flag Rnk 46 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $142M in Electrical Transformers, making it the 47th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 34th most exported product in Colombia. The main destination of Electrical Transformers exports from Colombia are: United States ($52.4M), Brazil ($11.1M), Panama ($10.4M), Canada ($10.4M), and Peru ($7.75M).

The fastest growing export markets for Electrical Transformers of Colombia between 2021 and 2022 were United States ($23M), Brazil ($8.5M), and Canada ($5.39M).

Imports In 2018, Colombia imported $293M in Electrical Transformers, becoming the 54th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 46th most imported product in Colombia. Colombia imports Electrical Transformers primarily from: China ($141M), United States ($40.5M), Brazil ($27M), Germany ($13.7M), and Spain ($10.5M).

The fastest growing import markets in Electrical Transformers for Colombia between 2021 and 2022 were China ($21.8M), India ($7.79M), and United States ($6.99M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Electrical Transformers. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$142M
IMPORTS (2022)$293M
NET TRADE (2022)-$151M

In 2022, Colombia exported $142M in Electrical Transformers. The main destinations of Colombia exports on Electrical Transformers were United States ($52.4M), Brazil ($11.1M), Panama ($10.4M), Canada ($10.4M), and Peru ($7.75M).

In 2022, Colombia imported $293M in Electrical Transformers, mainly from China ($141M), United States ($40.5M), Brazil ($27M), Germany ($13.7M), and Spain ($10.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$23M (78.2%)
Brazil$8.5M (322%)
Canada$5.39M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Colombia WERE (2021 - 2022):
Ecuador-$4.34M (-52.4%)
Chile-$2.79M (-43.7%)
Kuwait-$2.25M (-70.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Colombia's main exporting competitors in Electrical Transformers were:
In 2022, Colombia's main importing competitors in Electrical Transformers were:

Explore Visualizations

Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.4M
TOP IMPORT POTENTIALChina+ $55.1M

Electrical Transformers’s highest export potential is United States. With an export gap of $34.4M.   Electrical Transformers’s highest import potential is China with an import gap of $55.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with