2022
Exports
$1.15MWorld Rnk 69 / 148
Flag Rnk 534 / 1142
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$344kWorld Rnk 178 / 220
Flag Rnk 1005 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.15M in Butter, making it the 69th largest exporter of Butter in the world. At the same year, Butter was the 534th most exported product in Colombia. The main destination of Butter exports from Colombia are: United States ($1.04M), Ecuador ($94.3k), Venezuela ($3.79k), Canada ($2.71k), and Curaçao ($2.01k).

The fastest growing export markets for Butter of Colombia between 2021 and 2022 were United States ($95.2k), Ecuador ($94.3k), and Canada ($2.71k).

Imports In 2022, Colombia imported $344k in Butter, becoming the 178th largest importer of Butter in the world. At the same year, Butter was the 1005th most imported product in Colombia. Colombia imports Butter primarily from: Brazil ($205k), United States ($94k), Costa Rica ($15.7k), Netherlands ($15.2k), and France ($7.78k).

The fastest growing import markets in Butter for Colombia between 2021 and 2022 were United States ($32.4k), Brazil ($13.9k), and Costa Rica ($10k).

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 Butter. 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)$1.15M
IMPORTS (2022)$344k
NET TRADE (2022)$802k

In 2022, Colombia exported $1.15M in Butter. The main destinations of Colombia exports on Butter were United States ($1.04M), Ecuador ($94.3k), Venezuela ($3.79k), Canada ($2.71k), and Curaçao ($2.01k).

In 2022, Colombia imported $344k in Butter, mainly from Brazil ($205k), United States ($94k), Costa Rica ($15.7k), Netherlands ($15.2k), and France ($7.78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$95.2k (10.1%)
Ecuador$94.3k (1%)
Canada$2.71k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Colombia WERE (2021 - 2022):
Russia-$3.18M (-100%)
Aruba-$14.8k (-93.8%)
Venezuela-$6.3k (-62.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $451k
TOP IMPORT POTENTIALUnited States+ $72.9k

Butter’s highest export potential is United States. With an export gap of $451k.   Butter’s highest import potential is United States with an import gap of $72.9k.

See methodology.

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