2022
Exports
$4.26MWorld Rnk 55 / 170
Flag Rnk 353 / 1142
2022
PRODUCT COMPLEXITY IN Utility Meters
0.046Rnk 536 / 1025
2022
Imports
$63.3MWorld Rnk 36 / 219
Flag Rnk 229 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $4.26M in Utility Meters, making it the 55th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 353rd most exported product in Colombia. The main destination of Utility Meters exports from Colombia are: Mexico ($3.45M), Egypt ($388k), Nicaragua ($239k), Peru ($48.8k), and United States ($35.6k).

The fastest growing export markets for Utility Meters of Colombia between 2021 and 2022 were Mexico ($2.37M), United States ($35.3k), and Netherlands ($16.7k).

Imports In 2022, Colombia imported $63.3M in Utility Meters, becoming the 36th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 229th most imported product in Colombia. Colombia imports Utility Meters primarily from: China ($31M), South Korea ($10.2M), Italy ($8.5M), Slovakia ($1.72M), and France ($1.64M).

The fastest growing import markets in Utility Meters for Colombia between 2021 and 2022 were South Korea ($3.4M), China ($2.7M), and Italy ($1.71M).

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 Utility Meters. 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)$4.26M
IMPORTS (2022)$63.3M
NET TRADE (2022)-$59M

In 2022, Colombia exported $4.26M in Utility Meters. The main destinations of Colombia exports on Utility Meters were Mexico ($3.45M), Egypt ($388k), Nicaragua ($239k), Peru ($48.8k), and United States ($35.6k).

In 2022, Colombia imported $63.3M in Utility Meters, mainly from China ($31M), South Korea ($10.2M), Italy ($8.5M), Slovakia ($1.72M), and France ($1.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Mexico$2.37M (219%)
United States$35.3k (10.9k%)
Netherlands$16.7k (13.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Colombia WERE (2021 - 2022):
Peru-$620k (-92.7%)
Nicaragua-$366k (-60.4%)
Portugal-$67.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Utility Meters were:
In 2022, Colombia's main importing competitors in Utility Meters were:

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $286k
TOP IMPORT POTENTIALChina+ $1.73M

Utility Meters’s highest export potential is Mexico. With an export gap of $286k.   Utility Meters’s highest import potential is China with an import gap of $1.73M.

See methodology.

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