2022
Exports
$3.59MWorld Rnk 43 / 130
Flag Rnk 378 / 1142
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$15.3MWorld Rnk 49 / 214
Flag Rnk 461 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $3.59M in Refractory Cements, making it the 43rd largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 378th most exported product in Colombia. The main destination of Refractory Cements exports from Colombia are: Venezuela ($1.97M), Ecuador ($784k), Guatemala ($451k), Panama ($177k), and Dominican Republic ($66.4k).

The fastest growing export markets for Refractory Cements of Colombia between 2021 and 2022 were Venezuela ($1.73M), Guatemala ($371k), and Panama ($137k).

Imports In 2022, Colombia imported $15.3M in Refractory Cements, becoming the 49th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 461st most imported product in Colombia. Colombia imports Refractory Cements primarily from: Brazil ($3.41M), United States ($3.33M), Argentina ($2.06M), Spain ($2.06M), and Mexico ($1.67M).

The fastest growing import markets in Refractory Cements for Colombia between 2021 and 2022 were United States ($1.5M), Mexico ($1.17M), and Argentina ($1.08M).

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 Refractory Cements. 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)$3.59M
IMPORTS (2022)$15.3M
NET TRADE (2022)-$11.7M

In 2022, Colombia exported $3.59M in Refractory Cements. The main destinations of Colombia exports on Refractory Cements were Venezuela ($1.97M), Ecuador ($784k), Guatemala ($451k), Panama ($177k), and Dominican Republic ($66.4k).

In 2022, Colombia imported $15.3M in Refractory Cements, mainly from Brazil ($3.41M), United States ($3.33M), Argentina ($2.06M), Spain ($2.06M), and Mexico ($1.67M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$1.73M (700%)
Guatemala$371k (467%)
Panama$137k (348%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Colombia WERE (2021 - 2022):
Aruba-$64.9k (-96.2%)
Barbados-$64.9k (-100%)
Dominican Republic-$31.2k (-32%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Refractory Cements were:
In 2022, Colombia's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $48.3k
TOP IMPORT POTENTIALChina+ $604k

Refractory Cements’s highest export potential is Peru. With an export gap of $48.3k.   Refractory Cements’s highest import potential is China with an import gap of $604k.

See methodology.

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