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2022
Exports $3.12kWorld Rnk 74 / 86
Flag Rnk 1067 / 1142
2022
Destination $2.76k Aruba
2021 - 2022
FASTEST GROWING MARKET $2.76kAruba
2022
PRODUCT COMPLEXITY IN Felt Machinery0.94Rnk 196 / 1025
2022
Imports $982kWorld Rnk 56 / 151
Flag Rnk 921 / 1183
2022
Origin $19.7k China
2021 - 2022
FASTEST GROWING ORIGIN $19.7kChile
2022
ECONOMIC COMPLEXITY of Colombia0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $3.12k in Felt Machinery, making it the 74th largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 1067th most exported product in Colombia. The main destination of Felt Machinery exports from Colombia are: Aruba ($2.76k) and United States ($359).

The fastest growing export markets for Felt Machinery of Colombia between 2021 and 2022 were Aruba ($2.76k).

Imports In 2022, Colombia imported $982k in Felt Machinery, becoming the 56th largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 921st most imported product in Colombia. Colombia imports Felt Machinery primarily from: China ($721k), France ($131k), United States ($25k), Portugal ($20.8k), and Germany ($20.5k).

The fastest growing import markets in Felt Machinery for Colombia between 2021 and 2022 were Chile ($19.7k), Turkey ($18.4k), and Mexico ($6.96k).

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 Felt Machinery. 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)$3.12k
IMPORTS (2022)$982k
NET TRADE (2022)-$978k

In 2022, Colombia exported $3.12k in Felt Machinery. The main destinations of Colombia exports on Felt Machinery were Aruba ($2.76k) and United States ($359).

In 2022, Colombia imported $982k in Felt Machinery, mainly from China ($721k), France ($131k), United States ($25k), Portugal ($20.8k), and Germany ($20.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Colombia WERE (2021 - 2022):Aruba$2.76k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Colombia WERE (2021 - 2022):
United States-$305k (-99.9%)
Chile-$409 (-100%)
France-$50 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Felt Machinery were:
Germany $410M
China $306M
France $133M
In 2022, Colombia's main importing competitors in Felt Machinery were:
China $244M
United States $110M
India $104M

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Trade Value of Felt Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.1k
TOP IMPORT POTENTIALChina+ $141k

Felt Machinery’s highest export potential is United States. With an export gap of $1.1k.   Felt Machinery’s highest import potential is China with an import gap of $141k.

See methodology.

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