2022
Exports
$571kWorld Rnk 70 / 131
Flag Rnk 637 / 1142
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron
0.57Rnk 337 / 1025
2022
Imports
$17.9MWorld Rnk 52 / 213
Flag Rnk 429 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $571k in Large Coated Flat-Rolled Iron, making it the 70th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 637th most exported product in Colombia. The main destination of Large Coated Flat-Rolled Iron exports from Colombia are: Venezuela ($244k), Chile ($168k), Ecuador ($155k), Panama ($3.32k), and France ($301).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Colombia between 2021 and 2022 were Venezuela ($167k), Chile ($91.8k), and Ecuador ($83.3k).

Imports In 2022, Colombia imported $17.9M in Large Coated Flat-Rolled Iron, becoming the 52nd largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 429th most imported product in Colombia. Colombia imports Large Coated Flat-Rolled Iron primarily from: China ($7.44M), South Korea ($3.19M), Ecuador ($2.56M), Turkey ($997k), and Portugal ($954k).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Colombia between 2021 and 2022 were China ($4.16M), Ecuador ($1.23M), and Turkey ($997k).

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 Large Coated Flat-Rolled Iron. 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)$571k
IMPORTS (2022)$17.9M
NET TRADE (2022)-$17.4M

In 2022, Colombia exported $571k in Large Coated Flat-Rolled Iron. The main destinations of Colombia exports on Large Coated Flat-Rolled Iron were Venezuela ($244k), Chile ($168k), Ecuador ($155k), Panama ($3.32k), and France ($301).

In 2022, Colombia imported $17.9M in Large Coated Flat-Rolled Iron, mainly from China ($7.44M), South Korea ($3.19M), Ecuador ($2.56M), Turkey ($997k), and Portugal ($954k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$167k (217%)
Chile$91.8k (120%)
Ecuador$83.3k (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY Colombia WERE (2021 - 2022):
Trinidad and Tobago-$31.7k (-100%)
Costa Rica-$15.6k (-99.9%)
El Salvador-$4.57k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Large Coated Flat-Rolled Iron were:
In 2022, Colombia's main importing competitors in Large Coated Flat-Rolled Iron were:

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Trade Value of Large Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEcuador+ $41.4k
TOP IMPORT POTENTIALChina+ $2.96M

Large Coated Flat-Rolled Iron’s highest export potential is Ecuador. With an export gap of $41.4k.   Large Coated Flat-Rolled Iron’s highest import potential is China with an import gap of $2.96M.

See methodology.

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