2022
Exports
$310kWorld Rnk 62 / 183
Flag Rnk 726 / 1142
2022
PRODUCT COMPLEXITY IN Wood Kitchenware
-0.35Rnk 662 / 1025
2022
Imports
$3.74MWorld Rnk 54 / 220
Flag Rnk 736 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $310k in Wood Kitchenware, making it the 62nd largest exporter of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 726th most exported product in Colombia. The main destination of Wood Kitchenware exports from Colombia are: United States ($169k), Germany ($32.3k), Ecuador ($20.3k), Switzerland ($19.6k), and China ($12.2k).

The fastest growing export markets for Wood Kitchenware of Colombia between 2021 and 2022 were Germany ($32.1k), Switzerland ($19.6k), and Ecuador ($19.3k).

Imports In 2022, Colombia imported $3.74M in Wood Kitchenware, becoming the 54th largest importer of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 736th most imported product in Colombia. Colombia imports Wood Kitchenware primarily from: China ($3.11M), Canada ($116k), United States ($106k), Thailand ($72.6k), and Spain ($64k).

The fastest growing import markets in Wood Kitchenware for Colombia between 2021 and 2022 were China ($365k), United States ($76.5k), and Canada ($62.5k).

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 Wood Kitchenware. 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)$310k
IMPORTS (2022)$3.74M
NET TRADE (2022)-$3.43M

In 2022, Colombia exported $310k in Wood Kitchenware. The main destinations of Colombia exports on Wood Kitchenware were United States ($169k), Germany ($32.3k), Ecuador ($20.3k), Switzerland ($19.6k), and China ($12.2k).

In 2022, Colombia imported $3.74M in Wood Kitchenware, mainly from China ($3.11M), Canada ($116k), United States ($106k), Thailand ($72.6k), and Spain ($64k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Kitchenware EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Germany$32.1k (22k%)
Switzerland$19.6k (327k%)
Ecuador$19.3k (2.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Kitchenware BY Colombia WERE (2021 - 2022):
United States-$334k (-66.4%)
Dominican Republic-$13k (-90.3%)
Spain-$10.3k (-61.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Wood Kitchenware were:
China $1.58B
India $90.3M
In 2022, Colombia's main importing competitors in Wood Kitchenware were:

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Trade Value of Wood Kitchenware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $83.7k
TOP IMPORT POTENTIALChina+ $762k

Wood Kitchenware’s highest export potential is United States. With an export gap of $83.7k.   Wood Kitchenware’s highest import potential is China with an import gap of $762k.

See methodology.

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