Electrical Insulators in Colombia

EXPORTS (2018): $11M, World Rnk 35 / 118
Flag Rnk 190 / 1062

TOP DESTINATION (2018): $3.2M, United States

FASTEST GROWING MARKET (2017 - 2018): $3.09M, United States

IMPORTS (2018): $9.32M, World Rnk 53 / 198
Flag Rnk 500 / 1184

TOP ORIGIN (2018): $2.47M, China

FASTEST GROWING ORIGIN (2017 - 2018): $1.56M, China

ECONOMIC COMPLEXITY of Colombia (2018): 0.23, Rnk 56 / 137

PRODUCT COMPLEXITY  IN Electrical Insulators (2018): 0.86, Rnk 216 / 1018

Exports: In 2018, Colombia exported $11M in Electrical Insulators, making it the 35th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 190th most exported product in Colombia. The main destination of Electrical Insulators exports from Colombia are: United States ($3.2M), Ecuador ($1.44M), Argentina ($918k), Canada ($789k), and Peru ($722k).

The fastest growing export markets for Electrical Insulators of Colombia between 2017 and 2018 were United States ($3.09M), Canada ($463k), and Nicaragua ($447k).

Imports: In 2018, Colombia imported $9.32M in Electrical Insulators, becoming the 53rd largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 500th most imported product in Colombia. Colombia imports Electrical Insulators primarily from: China ($2.47M), United States ($1.93M), Brazil ($1.24M), Sweden ($1.07M), and Ukraine ($697k).

The fastest growing import markets in Electrical Insulators for Colombia between 2017 and 2018 were China ($1.56M), Sweden ($683k), and Brazil ($351k).

Tariffs: In 2018, the average tariff for Colombia in Electrical Insulators was 5.27%. The countries with the highest import tariffs for Electrical Insulators were Angola (6.25%), Burundi (6.25%), Benin (6.25%), Burkina Faso (6.25%), and Botswana (6.25%).

Value

EXPORTS (2018): $11M

IMPORTS (2018): $9.32M

NET TRADE (2018): $1.72M

In 2018, Colombia exported $11M in Electrical Insulators. The main destinations of Colombia exports on Electrical Insulators were United States ($3.2M), Ecuador ($1.44M), Argentina ($918k), Canada ($789k), and Peru ($722k).

In 2018, Colombia imported $9.32M in Electrical Insulators, mainly from China ($2.47M), United States ($1.93M), Brazil ($1.24M), Sweden ($1.07M), and Ukraine ($697k).

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IN 2018, Colombia HAD A POSITIVE NET TRADE IN Electrical Insulators WITH:

IN 2018, Colombia HAD A NEGATIVE NET TRADE IN Electrical Insulators WITH:

Flow

THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Colombia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Colombia WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Colombia's main exporting competitors in Electrical Insulators were:

In 2018, Colombia's main importing competitors in Electrical Insulators were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Electrical Insulators in Colombia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Colombia in Electrical Insulators was 5.27%.

The countries with the highest tariffs for Electrical Insulators in Colombia were Angola (6.25%), Burundi (6.25%), Benin (6.25%), Burkina Faso (6.25%), and Botswana (6.25%).

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