2022
Exports
$67MWorld Rnk 24 / 145
Flag Rnk 64 / 1142
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$142MWorld Rnk 26 / 203
Flag Rnk 114 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $67M in Carboxylic Acids, making it the 24th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 64th most exported product in Colombia. The main destination of Carboxylic Acids exports from Colombia are: United States ($21.1M), Brazil ($10.8M), Mexico ($10.5M), Australia ($4.16M), and Spain ($3.37M).

The fastest growing export markets for Carboxylic Acids of Colombia between 2021 and 2022 were United States ($11.9M), Brazil ($4.49M), and Mexico ($4.43M).

Imports In 2022, Colombia imported $142M in Carboxylic Acids, becoming the 26th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 114th most imported product in Colombia. Colombia imports Carboxylic Acids primarily from: China ($87.3M), Poland ($12.4M), United States ($11.9M), India ($9.47M), and Mexico ($7.94M).

The fastest growing import markets in Carboxylic Acids for Colombia between 2021 and 2022 were China ($43.3M), Mexico ($5.2M), and Poland ($3.33M).

Latest Trends

Oct 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 Carboxylic 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)$67M
IMPORTS (2022)$142M
NET TRADE (2022)-$75.5M

In 2022, Colombia exported $67M in Carboxylic Acids. The main destinations of Colombia exports on Carboxylic Acids were United States ($21.1M), Brazil ($10.8M), Mexico ($10.5M), Australia ($4.16M), and Spain ($3.37M).

In 2022, Colombia imported $142M in Carboxylic Acids, mainly from China ($87.3M), Poland ($12.4M), United States ($11.9M), India ($9.47M), and Mexico ($7.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$11.9M (129%)
Brazil$4.49M (71.5%)
Mexico$4.43M (72.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Colombia WERE (2021 - 2022):
Germany-$1.74M (-89.4%)
Argentina-$470k (-62.7%)
China-$303k (-57.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Colombia's main importing competitors in Carboxylic Acids were:

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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.

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