2022
Exports
$122MWorld Rnk 29 / 203
Flag Rnk 36 / 1142
2022
PRODUCT COMPLEXITY IN Hair Products
0.18Rnk 493 / 1025
2022
Imports
$106MWorld Rnk 42 / 224
Flag Rnk 156 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $122M in Hair Products, making it the 29th largest exporter of Hair Products in the world. At the same year, Hair Products was the 36th most exported product in Colombia. The main destination of Hair Products exports from Colombia are: Ecuador ($30.6M), Peru ($30.4M), Mexico ($9.63M), United States ($8.41M), and Venezuela ($6.86M).

The fastest growing export markets for Hair Products of Colombia between 2021 and 2022 were Ecuador ($5.06M), Brazil ($2.5M), and Venezuela ($2.18M).

Imports In 2022, Colombia imported $106M in Hair Products, becoming the 42nd largest importer of Hair Products in the world. At the same year, Hair Products was the 156th most imported product in Colombia. Colombia imports Hair Products primarily from: Mexico ($48.2M), Brazil ($17M), Spain ($10.1M), United States ($9.94M), and Italy ($5.74M).

The fastest growing import markets in Hair Products for Colombia between 2021 and 2022 were Mexico ($5.53M), Brazil ($2.75M), and Italy ($1.38M).

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 Hair 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)$122M
IMPORTS (2022)$106M
NET TRADE (2022)$16.6M

In 2022, Colombia exported $122M in Hair Products. The main destinations of Colombia exports on Hair Products were Ecuador ($30.6M), Peru ($30.4M), Mexico ($9.63M), United States ($8.41M), and Venezuela ($6.86M).

In 2022, Colombia imported $106M in Hair Products, mainly from Mexico ($48.2M), Brazil ($17M), Spain ($10.1M), United States ($9.94M), and Italy ($5.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hair Products EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$5.06M (19.8%)
Brazil$2.5M (143%)
Venezuela$2.18M (46.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hair Products BY Colombia WERE (2021 - 2022):
Costa Rica-$1.41M (-26.5%)
Turkey-$1.08M (-98.3%)
Panama-$1.04M (-21.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hair Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.31M
TOP IMPORT POTENTIALUnited States+ $4.87M

Hair Products’s highest export potential is United States. With an export gap of $9.31M.   Hair Products’s highest import potential is United States with an import gap of $4.87M.

See methodology.

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