2022
Exports
$1.87MWorld Rnk 76 / 152
Flag Rnk 459 / 1142
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$1.4MWorld Rnk 126 / 219
Flag Rnk 888 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.87M in Fermented Milk Products, making it the 76th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 459th most exported product in Colombia. The main destination of Fermented Milk Products exports from Colombia are: United States ($1.14M), Ecuador ($271k), Aruba ($149k), Curaçao ($143k), and Venezuela ($98k).

The fastest growing export markets for Fermented Milk Products of Colombia between 2021 and 2022 were Ecuador ($96.2k), Venezuela ($76.4k), and United States ($41.2k).

Imports In 2022, Colombia imported $1.4M in Fermented Milk Products, becoming the 126th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 888th most imported product in Colombia. Colombia imports Fermented Milk Products primarily from: United States ($1.32M), Germany ($32.7k), Italy ($26.5k), Costa Rica ($7.36k), and China ($7.3k).

The fastest growing import markets in Fermented Milk Products for Colombia between 2021 and 2022 were United States ($710k), Costa Rica ($7.36k), and China ($7.3k).

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 Fermented Milk Products. 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)$1.87M
IMPORTS (2022)$1.4M
NET TRADE (2022)$474k

In 2022, Colombia exported $1.87M in Fermented Milk Products. The main destinations of Colombia exports on Fermented Milk Products were United States ($1.14M), Ecuador ($271k), Aruba ($149k), Curaçao ($143k), and Venezuela ($98k).

In 2022, Colombia imported $1.4M in Fermented Milk Products, mainly from United States ($1.32M), Germany ($32.7k), Italy ($26.5k), Costa Rica ($7.36k), and China ($7.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$96.2k (55.2%)
Venezuela$76.4k (354%)
United States$41.2k (3.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Colombia WERE (2021 - 2022):
Suriname-$7.63k (-100%)
Chile-$4.74k (-53.3%)
Aruba-$2.7k (-1.78%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Fermented Milk Products were:
In 2022, Colombia's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $264k
TOP IMPORT POTENTIALGermany+ $81.2k

Fermented Milk Products’s highest export potential is United States. With an export gap of $264k.   Fermented Milk Products’s highest import potential is Germany with an import gap of $81.2k.

See methodology.

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