2022
Exports
$20.6MWorld Rnk 53 / 175
Flag Rnk 159 / 1142
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$12.9MWorld Rnk 56 / 224
Flag Rnk 507 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $20.6M in Processed Crustaceans, making it the 53rd largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 159th most exported product in Colombia. The main destination of Processed Crustaceans exports from Colombia are: United States ($19.9M), Venezuela ($325k), Hong Kong ($164k), Aruba ($54.6k), and Moldova ($51.7k).

The fastest growing export markets for Processed Crustaceans of Colombia between 2021 and 2022 were United States ($841k), Venezuela ($257k), and Moldova ($51.7k).

Imports In 2022, Colombia imported $12.9M in Processed Crustaceans, becoming the 56th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 507th most imported product in Colombia. Colombia imports Processed Crustaceans primarily from: Mexico ($5.44M), United States ($2.24M), Chile ($993k), Ecuador ($901k), and China ($699k).

The fastest growing import markets in Processed Crustaceans for Colombia between 2021 and 2022 were Mexico ($1.71M), United States ($1.02M), and Brazil ($239k).

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 Processed Crustaceans. 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)$20.6M
IMPORTS (2022)$12.9M
NET TRADE (2022)$7.69M

In 2022, Colombia exported $20.6M in Processed Crustaceans. The main destinations of Colombia exports on Processed Crustaceans were United States ($19.9M), Venezuela ($325k), Hong Kong ($164k), Aruba ($54.6k), and Moldova ($51.7k).

In 2022, Colombia imported $12.9M in Processed Crustaceans, mainly from Mexico ($5.44M), United States ($2.24M), Chile ($993k), Ecuador ($901k), and China ($699k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$841k (4.42%)
Venezuela$257k (379%)
Moldova$51.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Colombia WERE (2021 - 2022):
Aruba-$383k (-87.5%)
Hong Kong-$144k (-46.7%)
Ecuador-$28k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Colombia's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.13M
TOP IMPORT POTENTIALChina+ $1.05M

Processed Crustaceans’s highest export potential is United States. With an export gap of $7.13M.   Processed Crustaceans’s highest import potential is China with an import gap of $1.05M.

See methodology.

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