2022
Exports
$2.59BWorld Rnk 29 / 176
Flag Rnk 5 / 1142
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$60kWorld Rnk 153 / 178
Flag Rnk 1110 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $2.59B in Gold, making it the 29th largest exporter of Gold in the world. At the same year, Gold was the 5th most exported product in Colombia. The main destination of Gold exports from Colombia are: United States ($986M), Italy ($466M), India ($385M), United Arab Emirates ($174M), and Australia ($167M).

The fastest growing export markets for Gold of Colombia between 2021 and 2022 were India ($246M), Canada ($88M), and United Arab Emirates ($77.7M).

Imports In 2022, Colombia imported $60k in Gold, becoming the 153rd largest importer of Gold in the world. At the same year, Gold was the 1110th most imported product in Colombia. Colombia imports Gold primarily from: United States ($47.2k), Germany ($8.9k), Italy ($3.56k), and Spain ($361).

The fastest growing import markets in Gold for Colombia between 2021 and 2022 were Germany ($8.7k) and United States ($56).

Latest Trends

Sep 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 Gold. 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)$2.59B
IMPORTS (2022)$60k
NET TRADE (2022)$2.59B

In 2022, Colombia exported $2.59B in Gold. The main destinations of Colombia exports on Gold were United States ($986M), Italy ($466M), India ($385M), United Arab Emirates ($174M), and Australia ($167M).

In 2022, Colombia imported $60k in Gold, mainly from United States ($47.2k), Germany ($8.9k), Italy ($3.56k), and Spain ($361).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
India$246M (176%)
Canada$88M (368%)
United Arab Emirates$77.7M (80.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Colombia WERE (2021 - 2022):
United States-$241M (-19.7%)
Hong Kong-$186M (-57.7%)
Italy-$34.8M (-6.94%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $280M
TOP IMPORT POTENTIALUnited States+ $150k

Gold’s highest export potential is India. With an export gap of $280M.   Gold’s highest import potential is United States with an import gap of $150k.

See methodology.

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