2023
Exports
$95.6MWorld Rnk 68 / 175
Flag Rnk 40 / 96
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$1.06BWorld Rnk 23 / 221
Flag Rnk 15 / 96
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $95.6M in Fertilizers, making it the 68th 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: Venezuela ($29.9M), Ecuador ($23.4M), Brazil ($11.2M), Costa Rica ($9.56M), and Peru ($6.28M).

The fastest growing export markets for Fertilizers of Colombia between 2022 and 2023 were Venezuela ($9.04M), Ecuador ($6.07M), and Costa Rica ($1.43M).

Imports In 2023, Colombia imported $1.06B in Fertilizers, becoming the 23rd 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 ($228M), Canada ($163M), United States ($163M), China ($89.1M), and Germany ($64.7M).

The fastest growing import markets in Fertilizers for Colombia between 2022 and 2023 were Morocco ($33.8M), Venezuela ($22.5M), and Nigeria ($11.5M).

COMPANIES In 2024, leading companies such as Fyffes (59), Rothfos (15), and Goya Foods (7) were at the forefront of shipping Fertilizers from Colombia to the United States.

Latest Trends

Dec 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 (2023)$95.6M
IMPORTS (2023)$1.06B
NET TRADE (2023)-$963M

In 2023, Colombia exported $95.6M in Fertilizers. The main destinations of Colombia exports on Fertilizers were Venezuela ($29.9M), Ecuador ($23.4M), Brazil ($11.2M), Costa Rica ($9.56M), and Peru ($6.28M).

In 2023, Colombia imported $1.06B in Fertilizers, mainly from Russia ($228M), Canada ($163M), United States ($163M), China ($89.1M), and Germany ($64.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Venezuela$9.04M (43.3%)
Ecuador$6.07M (34.9%)
Costa Rica$1.43M (17.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Colombia WERE (2022 - 2023):
Peru-$15.6M (-71.4%)
El Salvador-$3.15M (-97.7%)
Chile-$1.68M (-51.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, 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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