2022
Exports
$29.8kWorld Rnk 55 / 111
Flag Rnk 966 / 1142
2022
PRODUCT COMPLEXITY IN Rubber Thread
0.38Rnk 414 / 1025
2022
Imports
$6.13MWorld Rnk 22 / 194
Flag Rnk 656 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $29.8k in Rubber Thread, making it the 55th largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 966th most exported product in Colombia. The main destination of Rubber Thread exports from Colombia are: Venezuela ($16k), Ecuador ($13.7k), Panama ($50), and Austria ($4).

The fastest growing export markets for Rubber Thread of Colombia between 2021 and 2022 were Venezuela ($11.2k), Ecuador ($6.76k), and Panama ($50).

Imports In 2022, Colombia imported $6.13M in Rubber Thread, becoming the 22nd largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 656th most imported product in Colombia. Colombia imports Rubber Thread primarily from: Thailand ($3.45M), Malaysia ($1.82M), China ($746k), India ($64.1k), and Ecuador ($22.6k).

The fastest growing import markets in Rubber Thread for Colombia between 2021 and 2022 were Malaysia ($407k), China ($92.7k), and Ecuador ($22.6k).

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 Rubber Thread. 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)$29.8k
IMPORTS (2022)$6.13M
NET TRADE (2022)-$6.1M

In 2022, Colombia exported $29.8k in Rubber Thread. The main destinations of Colombia exports on Rubber Thread were Venezuela ($16k), Ecuador ($13.7k), Panama ($50), and Austria ($4).

In 2022, Colombia imported $6.13M in Rubber Thread, mainly from Thailand ($3.45M), Malaysia ($1.82M), China ($746k), India ($64.1k), and Ecuador ($22.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$11.2k (236%)
Ecuador$6.76k (97.6%)
Panama$50 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY Colombia WERE (2021 - 2022):Chile-$4.69k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Rubber Thread were:
In 2022, Colombia's main importing competitors in Rubber Thread were:

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEcuador+ $2.54k
TOP IMPORT POTENTIALChina+ $205k

Rubber Thread’s highest export potential is Ecuador. With an export gap of $2.54k.   Rubber Thread’s highest import potential is China with an import gap of $205k.

See methodology.

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