2022
Exports
$221kWorld Rnk 78 / 153
Flag Rnk 775 / 1142
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$3.42MWorld Rnk 47 / 197
Flag Rnk 753 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $221k in Insect Resins, making it the 78th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 775th most exported product in Colombia. The main destination of Insect Resins exports from Colombia are: Dominican Republic ($60.7k), Australia ($35.5k), Chile ($33.8k), Peru ($28.9k), and Poland ($14.3k).

The fastest growing export markets for Insect Resins of Colombia between 2021 and 2022 were Dominican Republic ($60.7k), Portugal ($13.7k), and Australia ($13.6k).

Imports In 2022, Colombia imported $3.42M in Insect Resins, becoming the 47th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 753rd most imported product in Colombia. Colombia imports Insect Resins primarily from: France ($1.4M), India ($1.08M), Germany ($274k), Egypt ($112k), and United States ($106k).

The fastest growing import markets in Insect Resins for Colombia between 2021 and 2022 were India ($932k), France ($692k), and United Kingdom ($103k).

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 Insect Resins. 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)$221k
IMPORTS (2022)$3.42M
NET TRADE (2022)-$3.2M

In 2022, Colombia exported $221k in Insect Resins. The main destinations of Colombia exports on Insect Resins were Dominican Republic ($60.7k), Australia ($35.5k), Chile ($33.8k), Peru ($28.9k), and Poland ($14.3k).

In 2022, Colombia imported $3.42M in Insect Resins, mainly from France ($1.4M), India ($1.08M), Germany ($274k), Egypt ($112k), and United States ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Portugal$13.7k (1%)
Australia$13.6k (62.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Colombia WERE (2021 - 2022):
Brazil-$105k (-91.5%)
Chile-$30k (-47.1%)
Lithuania-$26.3k (-94.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $14.4k
TOP IMPORT POTENTIALIndia+ $138k

Insect Resins’s highest export potential is France. With an export gap of $14.4k.   Insect Resins’s highest import potential is India with an import gap of $138k.

See methodology.

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