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2023
Exports $5.43kWorld Rnk 63 / 84
Flag Rnk 1055 / 1150
2023
Destination $5.43k Guatemala
2023
Imports $49.3kWorld Rnk 69 / 148
Flag Rnk 1110 / 1192
2023
Origin $4.41k Spain
2023
ECONOMIC COMPLEXITY of Colombia0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $5.43k in Animal Extracts, making it the 63rd largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 1055th most exported product in Colombia. The main destination of Animal Extracts exports from Colombia are: Guatemala ($5.43k).

The fastest growing export markets for Animal Extracts of Colombia between N/A and 2023 were Guatemala ($5.43k).

Imports In 2023, Colombia imported $49.3k in Animal Extracts, becoming the 69th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1110th most imported product in Colombia. Colombia imports Animal Extracts primarily from: Spain ($23.8k), China ($21k), United States ($4.41k), and Norway ($69).

The fastest growing import markets in Animal Extracts for Colombia between 2022 and 2023 were United States ($4.41k) and Norway ($69).

Latest Trends

Dec 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 Animal Extracts. 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 (2023)$5.43k
IMPORTS (2023)$49.3k
NET TRADE (2023)-$43.8k

In 2023, Colombia exported $5.43k in Animal Extracts. The main destinations of Colombia exports on Animal Extracts were Guatemala ($5.43k).

In 2023, Colombia imported $49.3k in Animal Extracts, mainly from Spain ($23.8k), China ($21k), United States ($4.41k), and Norway ($69).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR Colombia WERE (N/A - 2023):Guatemala$5.43k (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Animal Extracts were:
China $21.8M
Italy $20.7M
New Zealand $19.8M
In 2023, Colombia's main importing competitors in Animal Extracts were:
Japan $36.8M
Hong Kong $23.6M
United States $19.9M

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $364
TOP IMPORT POTENTIALChina+ $13.5k

Animal Extracts’s highest export potential is United States. With an export gap of $364.   Animal Extracts’s highest import potential is China with an import gap of $13.5k.

See methodology.

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