2022
Exports
$1.57kWorld Rnk 93 / 112
Flag Rnk 1085 / 1142
2022
PRODUCT COMPLEXITY IN Fireworks
0.54Rnk 355 / 1025
2022
Imports
$6.29MWorld Rnk 43 / 195
Flag Rnk 646 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.57k in Fireworks, making it the 93rd largest exporter of Fireworks in the world. At the same year, Fireworks was the 1085th most exported product in Colombia. The main destination of Fireworks exports from Colombia are: Panama ($1.57k).

The fastest growing export markets for Fireworks of Colombia between 2021 and 2022 were Panama ($286).

Imports In 2022, Colombia imported $6.29M in Fireworks, becoming the 43rd largest importer of Fireworks in the world. At the same year, Fireworks was the 646th most imported product in Colombia. Colombia imports Fireworks primarily from: China ($3.66M), Hong Kong ($1.49M), United States ($611k), Venezuela ($149k), and South Africa ($115k).

The fastest growing import markets in Fireworks for Colombia between 2021 and 2022 were Hong Kong ($1.35M), China ($1.11M), and Venezuela ($77k).

Latest Trends

Sep 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 Fireworks. 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)$1.57k
IMPORTS (2022)$6.29M
NET TRADE (2022)-$6.29M

In 2022, Colombia exported $1.57k in Fireworks. The main destinations of Colombia exports on Fireworks were Panama ($1.57k).

In 2022, Colombia imported $6.29M in Fireworks, mainly from China ($3.66M), Hong Kong ($1.49M), United States ($611k), Venezuela ($149k), and South Africa ($115k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR Colombia WERE (2021 - 2022):Panama$286 (22.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Fireworks were:
China $1.29B
Germany $91.7M
France $89.4M
In 2022, Colombia's main importing competitors in Fireworks were:

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Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $812
TOP IMPORT POTENTIALChina+ $816k

Fireworks’s highest export potential is United States. With an export gap of $812.   Fireworks’s highest import potential is China with an import gap of $816k.

See methodology.

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