2022
Exports
$54.7MWorld Rnk 49 / 175
Flag Rnk 73 / 1142
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$122MWorld Rnk 41 / 218
Flag Rnk 136 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $54.7M in Aluminium Bars, making it the 49th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 73rd most exported product in Colombia. The main destination of Aluminium Bars exports from Colombia are: United States ($46.3M), Ecuador ($4.23M), Peru ($1.5M), France ($1.02M), and Dominican Republic ($599k).

The fastest growing export markets for Aluminium Bars of Colombia between 2021 and 2022 were United States ($7.24M), Peru ($942k), and Dominican Republic ($312k).

Imports In 2022, Colombia imported $122M in Aluminium Bars, becoming the 41st largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 136th most imported product in Colombia. Colombia imports Aluminium Bars primarily from: China ($100M), Ecuador ($9.95M), India ($2.17M), Spain ($1.38M), and Germany ($1.16M).

The fastest growing import markets in Aluminium Bars for Colombia between 2021 and 2022 were China ($19.1M), Ecuador ($2.32M), and India ($2.08M).

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 Aluminium Bars. 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)$54.7M
IMPORTS (2022)$122M
NET TRADE (2022)-$67M

In 2022, Colombia exported $54.7M in Aluminium Bars. The main destinations of Colombia exports on Aluminium Bars were United States ($46.3M), Ecuador ($4.23M), Peru ($1.5M), France ($1.02M), and Dominican Republic ($599k).

In 2022, Colombia imported $122M in Aluminium Bars, mainly from China ($100M), Ecuador ($9.95M), India ($2.17M), Spain ($1.38M), and Germany ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$7.24M (18.5%)
Peru$942k (170%)
Dominican Republic$312k (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Colombia WERE (2021 - 2022):
Ecuador-$1.71M (-28.8%)
France-$181k (-15%)
Thailand-$57.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Colombia's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.45M
TOP IMPORT POTENTIALEcuador+ $2.89M

Aluminium Bars’s highest export potential is United States. With an export gap of $5.45M.   Aluminium Bars’s highest import potential is Ecuador with an import gap of $2.89M.

See methodology.

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