2022
Exports
$11.6MWorld Rnk 33 / 145
Flag Rnk 209 / 1142
2022
PRODUCT COMPLEXITY IN Electrical Insulators
0.63Rnk 303 / 1025
2022
Imports
$12.8MWorld Rnk 45 / 207
Flag Rnk 509 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $11.6M in Electrical Insulators, making it the 33rd largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 209th most exported product in Colombia. The main destination of Electrical Insulators exports from Colombia are: United States ($3.61M), Ecuador ($1.89M), Mexico ($1.44M), El Salvador ($1.23M), and Argentina ($559k).

The fastest growing export markets for Electrical Insulators of Colombia between 2021 and 2022 were United States ($738k), El Salvador ($520k), and Bolivia ($182k).

Imports In 2022, Colombia imported $12.8M in Electrical Insulators, becoming the 45th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 509th most imported product in Colombia. Colombia imports Electrical Insulators primarily from: China ($4.39M), United States ($3.13M), Italy ($948k), Brazil ($921k), and Mexico ($868k).

The fastest growing import markets in Electrical Insulators for Colombia between 2021 and 2022 were China ($1.99M), Italy ($806k), and United States ($354k).

Latest Trends

Oct 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 Electrical Insulators. 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)$11.6M
IMPORTS (2022)$12.8M
NET TRADE (2022)-$1.13M

In 2022, Colombia exported $11.6M in Electrical Insulators. The main destinations of Colombia exports on Electrical Insulators were United States ($3.61M), Ecuador ($1.89M), Mexico ($1.44M), El Salvador ($1.23M), and Argentina ($559k).

In 2022, Colombia imported $12.8M in Electrical Insulators, mainly from China ($4.39M), United States ($3.13M), Italy ($948k), Brazil ($921k), and Mexico ($868k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$738k (25.7%)
El Salvador$520k (73.6%)
Bolivia$182k (207%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Colombia WERE (2021 - 2022):
Mexico-$328k (-18.5%)
Brazil-$276k (-67.8%)
Canada-$256k (-41.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.44M
TOP IMPORT POTENTIALChina+ $1.01M

Electrical Insulators’s highest export potential is United States. With an export gap of $1.44M.   Electrical Insulators’s highest import potential is China with an import gap of $1.01M.

See methodology.

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