2022
Exports
$3.27MWorld Rnk 66 / 216
Flag Rnk 388 / 1142
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$69MWorld Rnk 45 / 225
Flag Rnk 207 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $3.27M in Gas and Liquid Flow Measuring Instruments, making it the 66th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 388th most exported product in Colombia. The main destination of Gas and Liquid Flow Measuring Instruments exports from Colombia are: United States ($1.09M), Ecuador ($390k), Peru ($379k), Brazil ($210k), and Canada ($167k).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Colombia between 2021 and 2022 were Brazil ($132k), Canada ($112k), and Saudi Arabia ($94k).

Imports In 2022, Colombia imported $69M in Gas and Liquid Flow Measuring Instruments, becoming the 45th largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 207th most imported product in Colombia. Colombia imports Gas and Liquid Flow Measuring Instruments primarily from: United States ($28.8M), China ($6.9M), Germany ($5.42M), United Kingdom ($5.24M), and Brazil ($4.08M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Colombia between 2021 and 2022 were United States ($6.21M), China ($1.82M), and Switzerland ($637k).

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 Gas and Liquid Flow Measuring Instruments. 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)$3.27M
IMPORTS (2022)$69M
NET TRADE (2022)-$65.7M

In 2022, Colombia exported $3.27M in Gas and Liquid Flow Measuring Instruments. The main destinations of Colombia exports on Gas and Liquid Flow Measuring Instruments were United States ($1.09M), Ecuador ($390k), Peru ($379k), Brazil ($210k), and Canada ($167k).

In 2022, Colombia imported $69M in Gas and Liquid Flow Measuring Instruments, mainly from United States ($28.8M), China ($6.9M), Germany ($5.42M), United Kingdom ($5.24M), and Brazil ($4.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Brazil$132k (168%)
Canada$112k (201%)
Saudi Arabia$94k (8.34k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Colombia WERE (2021 - 2022):
United States-$813k (-42.6%)
Chile-$305k (-70.7%)
Netherlands-$138k (-95.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Colombia's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.36M
TOP IMPORT POTENTIALChina+ $4.85M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $1.36M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is China with an import gap of $4.85M.

See methodology.

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