2022
Exports
$2.37MWorld Rnk 44 / 131
Flag Rnk 428 / 1142
2022
PRODUCT COMPLEXITY IN Unsaturated Acyclic Monocarboxylic Acids
1.33Rnk 84 / 1025
2022
Imports
$86.2MWorld Rnk 29 / 198
Flag Rnk 177 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $2.37M in Unsaturated Acyclic Monocarboxylic Acids, making it the 44th largest exporter of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 428th most exported product in Colombia. The main destination of Unsaturated Acyclic Monocarboxylic Acids exports from Colombia are: Costa Rica ($564k), Venezuela ($553k), Ecuador ($404k), Mexico ($237k), and Dominican Republic ($168k).

The fastest growing export markets for Unsaturated Acyclic Monocarboxylic Acids of Colombia between 2021 and 2022 were Costa Rica ($536k), Venezuela ($333k), and Mexico ($159k).

Imports In 2022, Colombia imported $86.2M in Unsaturated Acyclic Monocarboxylic Acids, becoming the 29th largest importer of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 177th most imported product in Colombia. Colombia imports Unsaturated Acyclic Monocarboxylic Acids primarily from: China ($33.6M), United States ($30.3M), Brazil ($8.69M), Russia ($2.68M), and Netherlands ($1.57M).

The fastest growing import markets in Unsaturated Acyclic Monocarboxylic Acids for Colombia between 2021 and 2022 were Brazil ($2.72M), Russia ($1.58M), and Saudi Arabia ($1.01M).

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 Unsaturated Acyclic Monocarboxylic Acids. 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)$2.37M
IMPORTS (2022)$86.2M
NET TRADE (2022)-$83.8M

In 2022, Colombia exported $2.37M in Unsaturated Acyclic Monocarboxylic Acids. The main destinations of Colombia exports on Unsaturated Acyclic Monocarboxylic Acids were Costa Rica ($564k), Venezuela ($553k), Ecuador ($404k), Mexico ($237k), and Dominican Republic ($168k).

In 2022, Colombia imported $86.2M in Unsaturated Acyclic Monocarboxylic Acids, mainly from China ($33.6M), United States ($30.3M), Brazil ($8.69M), Russia ($2.68M), and Netherlands ($1.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unsaturated Acyclic Monocarboxylic Acids EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Costa Rica$536k (1.96k%)
Venezuela$333k (152%)
Mexico$159k (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unsaturated Acyclic Monocarboxylic Acids BY Colombia WERE (2021 - 2022):
Ecuador-$134k (-24.8%)
Chile-$80.5k (-72.6%)
Peru-$66k (-55.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Unsaturated Acyclic Monocarboxylic Acids were:
In 2022, Colombia's main importing competitors in Unsaturated Acyclic Monocarboxylic Acids were:

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Trade Value of Unsaturated Acyclic Monocarboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $308k
TOP IMPORT POTENTIALChina+ $4.08M

Unsaturated Acyclic Monocarboxylic Acids’s highest export potential is Mexico. With an export gap of $308k.   Unsaturated Acyclic Monocarboxylic Acids’s highest import potential is China with an import gap of $4.08M.

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