2022
Exports
$200kWorld Rnk 75 / 142
Flag Rnk 785 / 1142
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
$14.4MWorld Rnk 54 / 208
Flag Rnk 482 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $200k in Synthetic Fabrics, making it the 75th largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 785th most exported product in Colombia. The main destination of Synthetic Fabrics exports from Colombia are: Australia ($78.3k), Ecuador ($34.5k), Costa Rica ($17.4k), Chile ($11.5k), and El Salvador ($10.9k).

The fastest growing export markets for Synthetic Fabrics of Colombia between 2021 and 2022 were Ecuador ($28.6k), Costa Rica ($10.8k), and Australia ($8.17k).

Imports In 2022, Colombia imported $14.4M in Synthetic Fabrics, becoming the 54th largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 482nd most imported product in Colombia. Colombia imports Synthetic Fabrics primarily from: China ($9.23M), Spain ($1.66M), Mexico ($1.4M), United States ($684k), and France ($348k).

The fastest growing import markets in Synthetic Fabrics for Colombia between 2021 and 2022 were China ($1.22M), Spain ($640k), and Mexico ($202k).

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 Synthetic Fabrics. 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)$200k
IMPORTS (2022)$14.4M
NET TRADE (2022)-$14.2M

In 2022, Colombia exported $200k in Synthetic Fabrics. The main destinations of Colombia exports on Synthetic Fabrics were Australia ($78.3k), Ecuador ($34.5k), Costa Rica ($17.4k), Chile ($11.5k), and El Salvador ($10.9k).

In 2022, Colombia imported $14.4M in Synthetic Fabrics, mainly from China ($9.23M), Spain ($1.66M), Mexico ($1.4M), United States ($684k), and France ($348k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$28.6k (477%)
Costa Rica$10.8k (162%)
Australia$8.17k (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Colombia WERE (2021 - 2022):
Argentina-$119k (-100%)
Aruba-$25.7k (-90.4%)
United States-$10.8k (-96.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Synthetic Fabrics were:
In 2022, Colombia's main importing competitors in Synthetic Fabrics were:

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $20.7k
TOP IMPORT POTENTIALChina+ $827k

Synthetic Fabrics’s highest export potential is Mexico. With an export gap of $20.7k.   Synthetic Fabrics’s highest import potential is China with an import gap of $827k.

See methodology.

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