2022
Exports
$5.42MWorld Rnk 67 / 198
Flag Rnk 316 / 1142
2022
PRODUCT COMPLEXITY IN Air Conditioners
0.55Rnk 346 / 1025
2022
Imports
$161MWorld Rnk 60 / 224
Flag Rnk 101 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $5.42M in Air Conditioners, making it the 67th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 316th most exported product in Colombia. The main destination of Air Conditioners exports from Colombia are: Ecuador ($2.07M), Mexico ($1.15M), Peru ($903k), Panama ($280k), and Costa Rica ($246k).

The fastest growing export markets for Air Conditioners of Colombia between 2021 and 2022 were Ecuador ($1M), Mexico ($817k), and Costa Rica ($123k).

Imports In 2022, Colombia imported $161M in Air Conditioners, becoming the 60th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 101st most imported product in Colombia. Colombia imports Air Conditioners primarily from: China ($118M), South Korea ($10M), United States ($9.38M), Thailand ($4.41M), and Brazil ($3.27M).

The fastest growing import markets in Air Conditioners for Colombia between 2021 and 2022 were China ($24.6M), Singapore ($3.24M), and South Korea ($2.32M).

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 Air Conditioners. 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)$5.42M
IMPORTS (2022)$161M
NET TRADE (2022)-$156M

In 2022, Colombia exported $5.42M in Air Conditioners. The main destinations of Colombia exports on Air Conditioners were Ecuador ($2.07M), Mexico ($1.15M), Peru ($903k), Panama ($280k), and Costa Rica ($246k).

In 2022, Colombia imported $161M in Air Conditioners, mainly from China ($118M), South Korea ($10M), United States ($9.38M), Thailand ($4.41M), and Brazil ($3.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$1M (93.7%)
Mexico$817k (246%)
Costa Rica$123k (99.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Colombia WERE (2021 - 2022):
Peru-$2.92M (-76.4%)
Brazil-$248k (-100%)
Hong Kong-$166k (-62%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Air Conditioners were:
China $23.1B
In 2022, Colombia's main importing competitors in Air Conditioners were:

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $967k
TOP IMPORT POTENTIALChina+ $18.1M

Air Conditioners’s highest export potential is Mexico. With an export gap of $967k.   Air Conditioners’s highest import potential is China with an import gap of $18.1M.

See methodology.

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