2022
Exports
$21.7MWorld Rnk 45 / 181
Flag Rnk 153 / 1142
2022
PRODUCT COMPLEXITY IN Prepared Cereals
-0.43Rnk 681 / 1025
2022
Imports
$15.8MWorld Rnk 72 / 223
Flag Rnk 449 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $21.7M in Prepared Cereals, making it the 45th largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 153rd most exported product in Colombia. The main destination of Prepared Cereals exports from Colombia are: Chile ($6.27M), Peru ($3.64M), Ecuador ($2.65M), Venezuela ($2.45M), and United States ($1.65M).

The fastest growing export markets for Prepared Cereals of Colombia between 2021 and 2022 were Venezuela ($2.25M), Chile ($1.11M), and United States ($1.11M).

Imports In 2022, Colombia imported $15.8M in Prepared Cereals, becoming the 72nd largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 449th most imported product in Colombia. Colombia imports Prepared Cereals primarily from: Chile ($5.41M), Mexico ($3.39M), United States ($2.26M), Peru ($1.8M), and Germany ($1.45M).

The fastest growing import markets in Prepared Cereals for Colombia between 2021 and 2022 were Germany ($310k), France ($88.6k), and Lebanon ($35k).

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 Prepared Cereals. 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)$21.7M
IMPORTS (2022)$15.8M
NET TRADE (2022)$5.83M

In 2022, Colombia exported $21.7M in Prepared Cereals. The main destinations of Colombia exports on Prepared Cereals were Chile ($6.27M), Peru ($3.64M), Ecuador ($2.65M), Venezuela ($2.45M), and United States ($1.65M).

In 2022, Colombia imported $15.8M in Prepared Cereals, mainly from Chile ($5.41M), Mexico ($3.39M), United States ($2.26M), Peru ($1.8M), and Germany ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$2.25M (1.15k%)
Chile$1.11M (21.6%)
United States$1.11M (207%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY Colombia WERE (2021 - 2022):
Peru-$526k (-12.6%)
Bolivia-$318k (-16.8%)
Spain-$168k (-49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Prepared Cereals were:
In 2022, Colombia's main importing competitors in Prepared Cereals were:

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Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.43M
TOP IMPORT POTENTIALUnited States+ $1.06M

Prepared Cereals’s highest export potential is United States. With an export gap of $2.43M.   Prepared Cereals’s highest import potential is United States with an import gap of $1.06M.

See methodology.

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