2023
Exports
$26.1MWorld Rnk 58 / 163
Flag Rnk 137 / 1150
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$49.2MWorld Rnk 39 / 216
Flag Rnk 233 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $26.1M in Crustaceans, making it the 58th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 137th most exported product in Colombia. The main destination of Crustaceans exports from Colombia are: Spain ($9.65M), France ($9.23M), United States ($4.7M), South Korea ($1.59M), and Belgium ($281k).

The fastest growing export markets for Crustaceans of Colombia between 2022 and 2023 were United States ($1.67M), Spain ($1.62M), and South Korea ($1.21M).

Imports In 2023, Colombia imported $49.2M in Crustaceans, becoming the 39th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 233rd most imported product in Colombia. Colombia imports Crustaceans primarily from: Ecuador ($48M), Venezuela ($662k), India ($220k), Vietnam ($135k), and United States ($130k).

The fastest growing import markets in Crustaceans for Colombia between 2022 and 2023 were Nicaragua ($13.8k).

Latest Trends

Jan 2025

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 Crustaceans. 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)$26.1M
IMPORTS (2023)$49.2M
NET TRADE (2023)-$23.1M

In 2023, Colombia exported $26.1M in Crustaceans. The main destinations of Colombia exports on Crustaceans were Spain ($9.65M), France ($9.23M), United States ($4.7M), South Korea ($1.59M), and Belgium ($281k).

In 2023, Colombia imported $49.2M in Crustaceans, mainly from Ecuador ($48M), Venezuela ($662k), India ($220k), Vietnam ($135k), and United States ($130k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$1.67M (55.1%)
Spain$1.62M (20.2%)
South Korea$1.21M (325%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Colombia WERE (2022 - 2023):
France-$1.57M (-14.5%)
Aruba-$610k (-98.8%)
Italy-$252k (-60%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, Colombia's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.77M
TOP IMPORT POTENTIALEcuador+ $20.2M

Crustaceans’s highest export potential is United States. With an export gap of $5.77M.   Crustaceans’s highest import potential is Ecuador with an import gap of $20.2M.

See methodology.

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