2022
Exports
$2.61MWorld Rnk 70 / 167
Flag Rnk 415 / 1142
2022
PRODUCT COMPLEXITY IN Carbonates
-0.61Rnk 730 / 1025
2022
Imports
$97.7MWorld Rnk 34 / 216
Flag Rnk 161 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $2.61M in Carbonates, making it the 70th largest exporter of Carbonates in the world. At the same year, Carbonates was the 415th most exported product in Colombia. The main destination of Carbonates exports from Colombia are: Ecuador ($2.01M), Venezuela ($188k), Trinidad and Tobago ($98k), United States ($71.8k), and Dominican Republic ($68.4k).

The fastest growing export markets for Carbonates of Colombia between 2021 and 2022 were Ecuador ($1.53M), Venezuela ($98.4k), and Netherlands ($9.99k).

Imports In 2022, Colombia imported $97.7M in Carbonates, becoming the 34th largest importer of Carbonates in the world. At the same year, Carbonates was the 161st most imported product in Colombia. Colombia imports Carbonates primarily from: United States ($48M), China ($34.9M), Spain ($2.35M), Turkey ($2.17M), and Russia ($1.97M).

The fastest growing import markets in Carbonates for Colombia between 2021 and 2022 were China ($29.3M), United States ($5.99M), and Italy ($898k).

Latest Trends

Sep 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 Carbonates. 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)$2.61M
IMPORTS (2022)$97.7M
NET TRADE (2022)-$95.1M

In 2022, Colombia exported $2.61M in Carbonates. The main destinations of Colombia exports on Carbonates were Ecuador ($2.01M), Venezuela ($188k), Trinidad and Tobago ($98k), United States ($71.8k), and Dominican Republic ($68.4k).

In 2022, Colombia imported $97.7M in Carbonates, mainly from United States ($48M), China ($34.9M), Spain ($2.35M), Turkey ($2.17M), and Russia ($1.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbonates EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$1.53M (315%)
Venezuela$98.4k (110%)
Netherlands$9.99k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbonates BY Colombia WERE (2021 - 2022):
Panama-$407k (-93.6%)
Peru-$105k (-75.5%)
Costa Rica-$93.4k (-75.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Carbonates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $173k
TOP IMPORT POTENTIALTurkey+ $1.85M

Carbonates’s highest export potential is United States. With an export gap of $173k.   Carbonates’s highest import potential is Turkey with an import gap of $1.85M.

See methodology.

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