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Exports In 2022, Colombia exported $3.97k in Balances, making it the 88th largest exporter of Balances in the world. At the same year, Balances was the 1062nd most exported product in Colombia. The main destination of Balances exports from Colombia are: El Salvador ($2.22k), Guatemala ($580), Brazil ($500), Peru ($332), and Venezuela ($230).

The fastest growing export markets for Balances of Colombia between 2021 and 2022 were El Salvador ($1.44k), Guatemala ($580), and Brazil ($500).

Imports In 2022, Colombia imported $1.98M in Balances, becoming the 37th largest importer of Balances in the world. At the same year, Balances was the 841st most imported product in Colombia. Colombia imports Balances primarily from: Netherlands ($667k), China ($372k), Germany ($293k), United States ($218k), and Switzerland ($149k).

The fastest growing import markets in Balances for Colombia between 2021 and 2022 were China ($83.2k), Italy ($53.9k), and Philippines ($28.1k).

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 Balances. 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)$3.97k
IMPORTS (2022)$1.98M
NET TRADE (2022)-$1.97M

In 2022, Colombia exported $3.97k in Balances. The main destinations of Colombia exports on Balances were El Salvador ($2.22k), Guatemala ($580), Brazil ($500), Peru ($332), and Venezuela ($230).

In 2022, Colombia imported $1.98M in Balances, mainly from Netherlands ($667k), China ($372k), Germany ($293k), United States ($218k), and Switzerland ($149k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
El Salvador$1.44k (185%)
Guatemala$580 (1%)
Brazil$500 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Colombia WERE (2021 - 2022):
Ecuador-$3.08k (-100%)
Honduras-$3.06k (-100%)
Saudi Arabia-$1.04k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBrazil+ $1.14k
TOP IMPORT POTENTIALChina+ $132k

Balances’s highest export potential is Brazil. With an export gap of $1.14k.   Balances’s highest import potential is China with an import gap of $132k.

See methodology.

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