2022
Exports
$911MWorld Rnk 13 / 129
Flag Rnk 9 / 1142
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$50MWorld Rnk 49 / 172
Flag Rnk 261 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $911M in Ferroalloys, making it the 13th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 9th most exported product in Colombia. The main destination of Ferroalloys exports from Colombia are: China ($406M), Netherlands ($129M), South Korea ($81.8M), Italy ($46.5M), and Japan ($39.8M).

The fastest growing export markets for Ferroalloys of Colombia between 2021 and 2022 were China ($147M), Netherlands ($88.7M), and South Korea ($33.5M).

Imports In 2022, Colombia imported $50M in Ferroalloys, becoming the 49th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 261st most imported product in Colombia. Colombia imports Ferroalloys primarily from: Mexico ($16.4M), India ($12.1M), China ($5.86M), Brazil ($4.14M), and Poland ($1.4M).

The fastest growing import markets in Ferroalloys for Colombia between 2021 and 2022 were Mexico ($4.36M), India ($3.46M), and China ($3.4M).

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 Ferroalloys. 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)$911M
IMPORTS (2022)$50M
NET TRADE (2022)$861M

In 2022, Colombia exported $911M in Ferroalloys. The main destinations of Colombia exports on Ferroalloys were China ($406M), Netherlands ($129M), South Korea ($81.8M), Italy ($46.5M), and Japan ($39.8M).

In 2022, Colombia imported $50M in Ferroalloys, mainly from Mexico ($16.4M), India ($12.1M), China ($5.86M), Brazil ($4.14M), and Poland ($1.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
China$147M (57%)
Netherlands$88.7M (220%)
South Korea$33.5M (69.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Colombia WERE (2021 - 2022):
Germany-$8.72M (-22%)
South Africa-$4.38M (-100%)
Ukraine-$3.48M (-71.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $145M
TOP IMPORT POTENTIALBrazil+ $5.76M

Ferroalloys’s highest export potential is China. With an export gap of $145M.   Ferroalloys’s highest import potential is Brazil with an import gap of $5.76M.

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