2021
Exports
$138World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2021
Imports
$29kWorld Rnk 111 / 172
Flag Rnk 1132 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Imports In 2022, Colombia imported $29k in Iron Ingots, becoming the 111th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1132nd most imported product in Colombia. Colombia imports Iron Ingots primarily from: United States ($22.4k), Italy ($6.24k), and Brazil ($410).

The fastest growing import markets in Iron Ingots for Colombia between 2021 and 2022 were Italy ($6.24k).

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 Iron Ingots. 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 (2021)$138
IMPORTS (2022)$29k
NET TRADE (2022)-$29k

In 2022, Colombia imported $29k in Iron Ingots, mainly from United States ($22.4k), Italy ($6.24k), and Brazil ($410).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Colombia WERE (N/A - 2021):Aruba-$138 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Colombia's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $339
TOP IMPORT POTENTIALUnited States+ $12k

Iron Ingots’s highest export potential is Italy. With an export gap of $339.   Iron Ingots’s highest import potential is United States with an import gap of $12k.

See methodology.

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