2023
Exports
$70.1MWorld Rnk 22 / 149
Flag Rnk 66 / 1150
2023
PRODUCT COMPLEXITY IN Carboxylic Acids
0.81Rnk 249 / 1025
2023
Imports
$57.8MWorld Rnk 36 / 211
Flag Rnk 203 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $70.1M in Carboxylic Acids, making it the 22nd largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 66th most exported product in Colombia. The main destination of Carboxylic Acids exports from Colombia are: United States ($37.4M), Brazil ($6.71M), Mexico ($6.44M), Costa Rica ($4.28M), and Chile ($2.87M).

The fastest growing export markets for Carboxylic Acids of Colombia between 2022 and 2023 were United States ($16.5M), Costa Rica ($2.13M), and Argentina ($1.83M).

Imports In 2023, Colombia imported $57.8M in Carboxylic Acids, becoming the 36th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 203rd most imported product in Colombia. Colombia imports Carboxylic Acids primarily from: China ($22.4M), India ($7.65M), United States ($6.47M), Poland ($3.76M), and Mexico ($3.34M).

The fastest growing import markets in Carboxylic Acids for Colombia between 2022 and 2023 were Australia ($3.32M), India ($1.74M), and Canada ($241k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Carboxylic Acids. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$70.1M
IMPORTS (2023)$57.8M
NET TRADE (2023)$12.3M

In 2023, Colombia exported $70.1M in Carboxylic Acids. The main destinations of Colombia exports on Carboxylic Acids were United States ($37.4M), Brazil ($6.71M), Mexico ($6.44M), Costa Rica ($4.28M), and Chile ($2.87M).

In 2023, Colombia imported $57.8M in Carboxylic Acids, mainly from China ($22.4M), India ($7.65M), United States ($6.47M), Poland ($3.76M), and Mexico ($3.34M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$16.5M (78.8%)
Costa Rica$2.13M (98.9%)
Argentina$1.83M (562%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Colombia WERE (2022 - 2023):
Brazil-$4.07M (-37.8%)
Mexico-$3.52M (-35.4%)
Spain-$3.41M (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Colombia's main exporting competitors in Carboxylic Acids were:
China $3.46B
India $879M
In 2023, Colombia's main importing competitors in Carboxylic Acids were:

Explore Visualizations

Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.26M
TOP IMPORT POTENTIALIndia+ $3.67M

Carboxylic Acids’s highest export potential is United States. With an export gap of $7.26M.   Carboxylic Acids’s highest import potential is India with an import gap of $3.67M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with