2022
Exports
$1.67MWorld Rnk 56 / 129
Flag Rnk 472 / 1142
2022
PRODUCT COMPLEXITY IN Compounded Unvulcanised Rubber
0.85Rnk 225 / 1025
2022
Imports
$6.85MWorld Rnk 66 / 198
Flag Rnk 630 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.67M in Compounded Unvulcanised Rubber, making it the 56th largest exporter of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 472nd most exported product in Colombia. The main destination of Compounded Unvulcanised Rubber exports from Colombia are: Ecuador ($1.5M), Bolivia ($104k), Mexico ($40.1k), Costa Rica ($8.54k), and Jamaica ($7.33k).

The fastest growing export markets for Compounded Unvulcanised Rubber of Colombia between 2021 and 2022 were Ecuador ($593k), Bolivia ($65k), and Mexico ($40.1k).

Imports In 2022, Colombia imported $6.85M in Compounded Unvulcanised Rubber, becoming the 66th largest importer of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 630th most imported product in Colombia. Colombia imports Compounded Unvulcanised Rubber primarily from: Brazil ($3.42M), United States ($1.07M), Mexico ($918k), China ($550k), and Chile ($285k).

The fastest growing import markets in Compounded Unvulcanised Rubber for Colombia between 2021 and 2022 were Brazil ($963k), United States ($272k), and Chile ($147k).

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 Compounded Unvulcanised Rubber. 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)$1.67M
IMPORTS (2022)$6.85M
NET TRADE (2022)-$5.19M

In 2022, Colombia exported $1.67M in Compounded Unvulcanised Rubber. The main destinations of Colombia exports on Compounded Unvulcanised Rubber were Ecuador ($1.5M), Bolivia ($104k), Mexico ($40.1k), Costa Rica ($8.54k), and Jamaica ($7.33k).

In 2022, Colombia imported $6.85M in Compounded Unvulcanised Rubber, mainly from Brazil ($3.42M), United States ($1.07M), Mexico ($918k), China ($550k), and Chile ($285k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compounded Unvulcanised Rubber EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$593k (65.5%)
Bolivia$65k (166%)
Mexico$40.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compounded Unvulcanised Rubber BY Colombia WERE (2021 - 2022):
El Salvador-$180k (-100%)
Chile-$61k (-100%)
United States-$40.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Compounded Unvulcanised Rubber were:
In 2022, Colombia's main importing competitors in Compounded Unvulcanised Rubber were:

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Trade Value of Compounded Unvulcanised Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $105k
TOP IMPORT POTENTIALUnited States+ $715k

Compounded Unvulcanised Rubber’s highest export potential is Mexico. With an export gap of $105k.   Compounded Unvulcanised Rubber’s highest import potential is United States with an import gap of $715k.

See methodology.

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