2022
Exports
$202MWorld Rnk 52 / 210
Flag Rnk 27 / 1142
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$2.73BWorld Rnk 44 / 224
Flag Rnk 2 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $202M in Cars, making it the 52nd largest exporter of Cars in the world. At the same year, Cars was the 27th most exported product in Colombia. The main destination of Cars exports from Colombia are: Ecuador ($108M), Mexico ($55.2M), Argentina ($12.1M), Senegal ($7.02M), and United States ($5.02M).

The fastest growing export markets for Cars of Colombia between 2021 and 2022 were Mexico ($42M), Ecuador ($22M), and Argentina ($1.93M).

Imports In 2022, Colombia imported $2.73B in Cars, becoming the 44th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Colombia. Colombia imports Cars primarily from: Brazil ($720M), Mexico ($368M), Japan ($344M), United States ($219M), and Argentina ($186M).

The fastest growing import markets in Cars for Colombia between 2021 and 2022 were Brazil ($200M), Argentina ($94.3M), and Japan ($78.5M).

Latest Trends

May 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 Cars. 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)$202M
IMPORTS (2022)$2.73B
NET TRADE (2022)-$2.53B

In 2022, Colombia exported $202M in Cars. The main destinations of Colombia exports on Cars were Ecuador ($108M), Mexico ($55.2M), Argentina ($12.1M), Senegal ($7.02M), and United States ($5.02M).

In 2022, Colombia imported $2.73B in Cars, mainly from Brazil ($720M), Mexico ($368M), Japan ($344M), United States ($219M), and Argentina ($186M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Mexico$42M (318%)
Ecuador$22M (25.5%)
Argentina$1.93M (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Colombia WERE (2021 - 2022):
Chile-$8.94M (-98.7%)
Bolivia-$4.43M (-56.1%)
Peru-$3.04M (-43.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $24.7M
TOP IMPORT POTENTIALMexico+ $186M

Cars’s highest export potential is Mexico. With an export gap of $24.7M.   Cars’s highest import potential is Mexico with an import gap of $186M.

See methodology.

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