2022
Exports
$22.5MWorld Rnk 67 / 222
Flag Rnk 151 / 1142
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$121MWorld Rnk 60 / 225
Flag Rnk 137 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $22.5M in Other Iron Products, making it the 67th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 151st most exported product in Colombia. The main destination of Other Iron Products exports from Colombia are: United States ($7.12M), Panama ($3.91M), Ecuador ($1.4M), Mexico ($1.38M), and Romania ($1.35M).

The fastest growing export markets for Other Iron Products of Colombia between 2021 and 2022 were Panama ($1.78M), Romania ($1.33M), and Mexico ($939k).

Imports In 2022, Colombia imported $121M in Other Iron Products, becoming the 60th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 137th most imported product in Colombia. Colombia imports Other Iron Products primarily from: China ($44.6M), United States ($28.4M), Brazil ($6.4M), Germany ($3.82M), and Spain ($3.64M).

The fastest growing import markets in Other Iron Products for Colombia between 2021 and 2022 were United States ($14.6M), China ($9.41M), and Bulgaria ($2.5M).

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 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)$22.5M
IMPORTS (2022)$121M
NET TRADE (2022)-$98.5M

In 2022, Colombia exported $22.5M in Other Iron Products. The main destinations of Colombia exports on Other Iron Products were United States ($7.12M), Panama ($3.91M), Ecuador ($1.4M), Mexico ($1.38M), and Romania ($1.35M).

In 2022, Colombia imported $121M in Other Iron Products, mainly from China ($44.6M), United States ($28.4M), Brazil ($6.4M), Germany ($3.82M), and Spain ($3.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Panama$1.78M (83.1%)
Romania$1.33M (4.79k%)
Mexico$939k (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Colombia WERE (2021 - 2022):
United States-$954k (-11.8%)
Ecuador-$412k (-22.7%)
Trinidad and Tobago-$201k (-96.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Other Iron Products were:
In 2022, Colombia's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.65M
TOP IMPORT POTENTIALChina+ $19.5M

Other Iron Products’s highest export potential is United States. With an export gap of $6.65M.   Other Iron Products’s highest import potential is China with an import gap of $19.5M.

See methodology.

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