2023
Exports
$2.41MWorld Rnk 73 / 158
Flag Rnk 435 / 1150
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$1.83BWorld Rnk 8 / 216
Flag Rnk 6 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $2.41M in Corn, making it the 73rd largest exporter of Corn in the world. At the same year, Corn was the 435th most exported product in Colombia. The main destination of Corn exports from Colombia are: Venezuela ($1.18M), Honduras ($399k), Ecuador ($287k), United States ($185k), and Spain ($119k).

The fastest growing export markets for Corn of Colombia between 2022 and 2023 were Venezuela ($1.03M), Honduras ($399k), and Italy ($75.1k).

Imports In 2023, Colombia imported $1.83B in Corn, becoming the 8th largest importer of Corn in the world. At the same year, Corn was the 6th most imported product in Colombia. Colombia imports Corn primarily from: United States ($1.11B), Brazil ($512M), Argentina ($200M), Paraguay ($6M), and Honduras ($4.89M).

The fastest growing import markets in Corn for Colombia between 2022 and 2023 were United States ($13.7M), Mexico ($1.19M), and Ecuador ($84.7k).

COMPANIES In 2024, leading companies such as Goya Foods (16) were at the forefront of shipping Corn from Colombia to the United States.

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 Corn. 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)$2.41M
IMPORTS (2023)$1.83B
NET TRADE (2023)-$1.83B

In 2023, Colombia exported $2.41M in Corn. The main destinations of Colombia exports on Corn were Venezuela ($1.18M), Honduras ($399k), Ecuador ($287k), United States ($185k), and Spain ($119k).

In 2023, Colombia imported $1.83B in Corn, mainly from United States ($1.11B), Brazil ($512M), Argentina ($200M), Paraguay ($6M), and Honduras ($4.89M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Venezuela$1.03M (676%)
Honduras$399k (1%)
Italy$75.1k (30.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Colombia WERE (2022 - 2023):
Peru-$712k (-100%)
Chile-$52k (-43.5%)
Panama-$33.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Corn were:
In 2023, Colombia's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $570k
TOP IMPORT POTENTIALBrazil+ $47.7M

Corn’s highest export potential is Peru. With an export gap of $570k.   Corn’s highest import potential is Brazil with an import gap of $47.7M.

See methodology.

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