2022
Exports
$5.12kWorld Rnk 64 / 99
Flag Rnk 1054 / 1142
2022
PRODUCT COMPLEXITY IN Ground Nut Oil
-1.93Rnk 993 / 1025
2022
Imports
$17kWorld Rnk 100 / 185
Flag Rnk 1146 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $5.12k in Ground Nut Oil, making it the 64th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1054th most exported product in Colombia. The main destination of Ground Nut Oil exports from Colombia are: Belgium ($3.81k), Germany ($1.25k), and Aruba ($61).

The fastest growing export markets for Ground Nut Oil of Colombia between 2021 and 2022 were Belgium ($3.81k), Germany ($1.25k), and Aruba ($38).

Imports In 2022, Colombia imported $17k in Ground Nut Oil, becoming the 100th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1146th most imported product in Colombia. Colombia imports Ground Nut Oil primarily from: France ($9.41k), United States ($5.96k), Thailand ($1.44k), China ($150), and Belgium ($53).

The fastest growing import markets in Ground Nut Oil for Colombia between 2021 and 2022 were Belgium ($53) and China ($49).

Latest Trends

Jul 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 Ground Nut Oil. 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)$5.12k
IMPORTS (2022)$17k
NET TRADE (2022)-$11.9k

In 2022, Colombia exported $5.12k in Ground Nut Oil. The main destinations of Colombia exports on Ground Nut Oil were Belgium ($3.81k), Germany ($1.25k), and Aruba ($61).

In 2022, Colombia imported $17k in Ground Nut Oil, mainly from France ($9.41k), United States ($5.96k), Thailand ($1.44k), China ($150), and Belgium ($53).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Belgium$3.81k (1%)
Germany$1.25k (1%)
Aruba$38 (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Colombia WERE (2021 - 2022):Chile-$38 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Ground Nut Oil were:
In 2022, Colombia's main importing competitors in Ground Nut Oil were:

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $1.49k
TOP IMPORT POTENTIALUnited States+ $3.85k

Ground Nut Oil’s highest export potential is Belgium. With an export gap of $1.49k.   Ground Nut Oil’s highest import potential is United States with an import gap of $3.85k.

See methodology.

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