2022
Exports
$4.82MWorld Rnk 59 / 169
Flag Rnk 334 / 1142
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products
0.34Rnk 425 / 1025
2022
Imports
$11.4MWorld Rnk 71 / 217
Flag Rnk 537 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $4.82M in Other Cast Iron Products, making it the 59th largest exporter of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 334th most exported product in Colombia. The main destination of Other Cast Iron Products exports from Colombia are: United States ($1.6M), Ecuador ($1.3M), Switzerland ($1.01M), Costa Rica ($274k), and Cuba ($252k).

The fastest growing export markets for Other Cast Iron Products of Colombia between 2021 and 2022 were Switzerland ($375k), Ecuador ($303k), and Cuba ($114k).

Imports In 2022, Colombia imported $11.4M in Other Cast Iron Products, becoming the 71st largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 537th most imported product in Colombia. Colombia imports Other Cast Iron Products primarily from: China ($4.38M), Brazil ($2.02M), Chinese Taipei ($686k), South Africa ($574k), and Germany ($554k).

The fastest growing import markets in Other Cast Iron Products for Colombia between 2021 and 2022 were China ($1.8M), Brazil ($1.07M), and South Africa ($574k).

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 Other Cast Iron Products. 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)$4.82M
IMPORTS (2022)$11.4M
NET TRADE (2022)-$6.57M

In 2022, Colombia exported $4.82M in Other Cast Iron Products. The main destinations of Colombia exports on Other Cast Iron Products were United States ($1.6M), Ecuador ($1.3M), Switzerland ($1.01M), Costa Rica ($274k), and Cuba ($252k).

In 2022, Colombia imported $11.4M in Other Cast Iron Products, mainly from China ($4.38M), Brazil ($2.02M), Chinese Taipei ($686k), South Africa ($574k), and Germany ($554k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Switzerland$375k (58.5%)
Ecuador$303k (30.6%)
Cuba$114k (83.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY Colombia WERE (2021 - 2022):
Mexico-$30k (-74.5%)
United Kingdom-$24.4k (-49.6%)
Nicaragua-$20.1k (-48.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Other Cast Iron Products were:
China $1.55B
India $1.22B
In 2022, Colombia's main importing competitors in Other Cast Iron Products were:

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $996k
TOP IMPORT POTENTIALChina+ $1.59M

Other Cast Iron Products’s highest export potential is United States. With an export gap of $996k.   Other Cast Iron Products’s highest import potential is China with an import gap of $1.59M.

See methodology.

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