2022
Exports
$7.06MWorld Rnk 63 / 219
Flag Rnk 278 / 1142
2022
PRODUCT COMPLEXITY IN Transmissions
1.46Rnk 62 / 1025
2022
Imports
$200MWorld Rnk 44 / 225
Flag Rnk 75 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $7.06M in Transmissions, making it the 63rd largest exporter of Transmissions in the world. At the same year, Transmissions was the 278th most exported product in Colombia. The main destination of Transmissions exports from Colombia are: United States ($2.82M), Belgium ($982k), Ecuador ($655k), Mexico ($376k), and Iraq ($271k).

The fastest growing export markets for Transmissions of Colombia between 2021 and 2022 were Belgium ($964k), Venezuela ($105k), and Italy ($103k).

Imports In 2022, Colombia imported $200M in Transmissions, becoming the 44th largest importer of Transmissions in the world. At the same year, Transmissions was the 75th most imported product in Colombia. Colombia imports Transmissions primarily from: United States ($64.7M), China ($53.3M), Brazil ($17.6M), Germany ($14M), and Japan ($7.88M).

The fastest growing import markets in Transmissions for Colombia between 2021 and 2022 were China ($22.7M), United States ($15.6M), and Brazil ($7.91M).

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 Transmissions. 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)$7.06M
IMPORTS (2022)$200M
NET TRADE (2022)-$193M

In 2022, Colombia exported $7.06M in Transmissions. The main destinations of Colombia exports on Transmissions were United States ($2.82M), Belgium ($982k), Ecuador ($655k), Mexico ($376k), and Iraq ($271k).

In 2022, Colombia imported $200M in Transmissions, mainly from United States ($64.7M), China ($53.3M), Brazil ($17.6M), Germany ($14M), and Japan ($7.88M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Belgium$964k (5.43k%)
Venezuela$105k (173%)
Italy$103k (2.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Colombia WERE (2021 - 2022):
United States-$991k (-26%)
Switzerland-$289k (-90.3%)
Indonesia-$101k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.3M
TOP IMPORT POTENTIALChina+ $20.4M

Transmissions’s highest export potential is United States. With an export gap of $3.3M.   Transmissions’s highest import potential is China with an import gap of $20.4M.

See methodology.

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