2022
Exports
$7.15MWorld Rnk 73 / 185
Flag Rnk 275 / 1142
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$352MWorld Rnk 37 / 222
Flag Rnk 35 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $7.15M in Large Construction Vehicles, making it the 73rd largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 275th most exported product in Colombia. The main destination of Large Construction Vehicles exports from Colombia are: Mexico ($1.53M), El Salvador ($1.25M), Dominican Republic ($1.14M), Panama ($656k), and Nicaragua ($540k).

The fastest growing export markets for Large Construction Vehicles of Colombia between 2021 and 2022 were Mexico ($1.31M), El Salvador ($1.25M), and Dominican Republic ($1.14M).

Imports In 2022, Colombia imported $352M in Large Construction Vehicles, becoming the 37th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 35th most imported product in Colombia. Colombia imports Large Construction Vehicles primarily from: China ($123M), Brazil ($70M), South Korea ($48.9M), Japan ($34.8M), and United States ($26.9M).

The fastest growing import markets in Large Construction Vehicles for Colombia between 2021 and 2022 were China ($58.8M), South Korea ($27.1M), and Brazil ($11.9M).

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 Construction Vehicles. 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)$7.15M
IMPORTS (2022)$352M
NET TRADE (2022)-$345M

In 2022, Colombia exported $7.15M in Large Construction Vehicles. The main destinations of Colombia exports on Large Construction Vehicles were Mexico ($1.53M), El Salvador ($1.25M), Dominican Republic ($1.14M), Panama ($656k), and Nicaragua ($540k).

In 2022, Colombia imported $352M in Large Construction Vehicles, mainly from China ($123M), Brazil ($70M), South Korea ($48.9M), Japan ($34.8M), and United States ($26.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Mexico$1.31M (602%)
El Salvador$1.25M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Colombia WERE (2021 - 2022):
Peru-$1.63M (-79.9%)
Cote d'Ivoire-$896k (-100%)
Chile-$689k (-97.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Large Construction Vehicles were:
In 2022, Colombia's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $974k
TOP IMPORT POTENTIALChina+ $22.7M

Large Construction Vehicles’s highest export potential is Mexico. With an export gap of $974k.   Large Construction Vehicles’s highest import potential is China with an import gap of $22.7M.

See methodology.

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