2022
Exports
$96.6MWorld Rnk 76 / 175
Flag Rnk 40 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$1.29BWorld Rnk 26 / 223
Flag Rnk 15 / 96
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $96.6M in Fertilizers, making it the 76th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 40th most exported product in Colombia. The main destination of Fertilizers exports from Colombia are: Peru ($22.2M), Venezuela ($20.9M), Ecuador ($13.3M), Brazil ($9.73M), and Costa Rica ($8.5M).

The fastest growing export markets for Fertilizers of Colombia between 2021 and 2022 were Peru ($14.8M), Venezuela ($13.9M), and Costa Rica ($5.32M).

Imports In 2022, Colombia imported $1.29B in Fertilizers, becoming the 26th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 15th most imported product in Colombia. Colombia imports Fertilizers primarily from: Russia ($223M), United States ($220M), Canada ($117M), China ($97.1M), and Trinidad and Tobago ($83.9M).

The fastest growing import markets in Fertilizers for Colombia between 2021 and 2022 were Russia ($123M), Chile ($69.6M), and United States ($59.1M).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Fertilizers. 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)$96.6M
IMPORTS (2022)$1.29B
NET TRADE (2022)-$1.2B

In 2022, Colombia exported $96.6M in Fertilizers. The main destinations of Colombia exports on Fertilizers were Peru ($22.2M), Venezuela ($20.9M), Ecuador ($13.3M), Brazil ($9.73M), and Costa Rica ($8.5M).

In 2022, Colombia imported $1.29B in Fertilizers, mainly from Russia ($223M), United States ($220M), Canada ($117M), China ($97.1M), and Trinidad and Tobago ($83.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Peru$14.8M (197%)
Venezuela$13.9M (200%)
Costa Rica$5.32M (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Colombia WERE (2021 - 2022):
Chile-$2.55M (-47.9%)
Bahamas-$1.81M (-100%)
Ecuador-$786k (-5.56%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Colombia's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $9.51M
TOP IMPORT POTENTIALChina+ $33M

Fertilizers’s highest export potential is Brazil. With an export gap of $9.51M.   Fertilizers’s highest import potential is China with an import gap of $33M.

See methodology.

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