HS Icon Crude Petroleum in  Flag Colombia

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $368M | $1.26M, India |  Panama

2020
ECONOMIC COMPLEXITY of Colombia
: 0.14, Rnk 52 / 127

2020
PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.2, Rnk 1018 / 1029

Exports In 2020, Colombia exported $7.46B in Crude Petroleum, making it the 18th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Colombia. The main destination of Crude Petroleum exports from Colombia are: United States ($2.67B), China ($2.19B), Panama ($1.05B), India ($421M), and Saint Lucia ($264M).

The fastest growing export markets for Crude Petroleum of Colombia between 2019 and 2020 were India ($368M), Chile ($105M), and Spain ($101M).

The fastest growing import markets in Crude Petroleum for Colombia between 2019 and 2020 were Panama ($1.26M), Oman ($288), and Netherlands ($95).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Crude Petroleum. 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

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EXPORTS (2020): $7.46B

In 2020, Colombia exported $7.46B in Crude Petroleum. The main destinations of Colombia exports on Crude Petroleum were United States ($2.67B), China ($2.19B), Panama ($1.05B), India ($421M), and Saint Lucia ($264M).

In N/A, Colombia imported N/A in Crude Petroleum, mainly from United States ($250M), Panama ($1.72M), Spain ($11.9k), Austria ($1.63k), and Peru ($760).

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THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Colombia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Colombia WERE (2019 - 2020):

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Market Concentration

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In 2020, Colombia's main exporting competitors in Crude Petroleum were:

In 2020, Colombia's main importing competitors in Crude Petroleum were:

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