2022
Exports
$139kWorld Rnk 60 / 118
Flag Rnk 832 / 1142
2022
PRODUCT COMPLEXITY IN Leather Machinery
0.25Rnk 472 / 1025
2022
Imports
$3.64MWorld Rnk 44 / 183
Flag Rnk 744 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $139k in Leather Machinery, making it the 60th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 832nd most exported product in Colombia. The main destination of Leather Machinery exports from Colombia are: Ecuador ($84.2k), Cuba ($27.2k), Costa Rica ($11.4k), Italy ($8.49k), and Peru ($3.03k).

The fastest growing export markets for Leather Machinery of Colombia between 2021 and 2022 were Ecuador ($18.3k), Italy ($7.14k), and Peru ($3.03k).

Imports In 2022, Colombia imported $3.64M in Leather Machinery, becoming the 44th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 744th most imported product in Colombia. Colombia imports Leather Machinery primarily from: Italy ($1.9M), China ($1.12M), Spain ($292k), Germany ($108k), and United States ($90.4k).

The fastest growing import markets in Leather Machinery for Colombia between 2021 and 2022 were Italy ($1.01M), China ($693k), and Germany ($92.2k).

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 Leather Machinery. 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)$139k
IMPORTS (2022)$3.64M
NET TRADE (2022)-$3.5M

In 2022, Colombia exported $139k in Leather Machinery. The main destinations of Colombia exports on Leather Machinery were Ecuador ($84.2k), Cuba ($27.2k), Costa Rica ($11.4k), Italy ($8.49k), and Peru ($3.03k).

In 2022, Colombia imported $3.64M in Leather Machinery, mainly from Italy ($1.9M), China ($1.12M), Spain ($292k), Germany ($108k), and United States ($90.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$18.3k (27.7%)
Italy$7.14k (528%)
Peru$3.03k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Colombia WERE (2021 - 2022):
United States-$52.3k (-98.5%)
Cuba-$43.9k (-61.8%)
Dominican Republic-$29.1k (-93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Leather Machinery were:
In 2022, Colombia's main importing competitors in Leather Machinery were:

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $8.33k
TOP IMPORT POTENTIALChina+ $330k

Leather Machinery’s highest export potential is Italy. With an export gap of $8.33k.   Leather Machinery’s highest import potential is China with an import gap of $330k.

See methodology.

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