2023
Exports
$1.1MWorld Rnk 93 / 194
Flag Rnk 547 / 1150
2023
PRODUCT COMPLEXITY IN Essential Oils
-1.17Rnk 872 / 1025
2023
Imports
$15.1MWorld Rnk 34 / 217
Flag Rnk 432 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $1.1M in Essential Oils, making it the 93rd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 547th most exported product in Colombia. The main destination of Essential Oils exports from Colombia are: France ($320k), Venezuela ($141k), United States ($115k), Aruba ($81.2k), and Mexico ($77.1k).

The fastest growing export markets for Essential Oils of Colombia between 2022 and 2023 were France ($262k), Aruba ($76.8k), and Panama ($55.1k).

Imports In 2023, Colombia imported $15.1M in Essential Oils, becoming the 34th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 432nd most imported product in Colombia. Colombia imports Essential Oils primarily from: India ($2.9M), United States ($2.1M), Brazil ($1.65M), Spain ($1.46M), and Argentina ($1.03M).

The fastest growing import markets in Essential Oils for Colombia between 2022 and 2023 were Spain ($837k), Germany ($459k), and Italy ($119k).

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 Essential Oils. 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)$1.1M
IMPORTS (2023)$15.1M
NET TRADE (2023)-$14M

In 2023, Colombia exported $1.1M in Essential Oils. The main destinations of Colombia exports on Essential Oils were France ($320k), Venezuela ($141k), United States ($115k), Aruba ($81.2k), and Mexico ($77.1k).

In 2023, Colombia imported $15.1M in Essential Oils, mainly from India ($2.9M), United States ($2.1M), Brazil ($1.65M), Spain ($1.46M), and Argentina ($1.03M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
France$262k (454%)
Aruba$76.8k (1.74k%)
Panama$55.1k (952%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Colombia WERE (2022 - 2023):
United States-$100k (-46.5%)
United Kingdom-$78.3k (-97.3%)
China-$30.6k (-92.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Essential Oils were:
In 2023, Colombia's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $350k
TOP IMPORT POTENTIALBrazil+ $1.66M

Essential Oils’s highest export potential is United States. With an export gap of $350k.   Essential Oils’s highest import potential is Brazil with an import gap of $1.66M.

See methodology.

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