2023
Exports
$74.9MWorld Rnk 34 / 211
Flag Rnk 60 / 1150
2023
PRODUCT COMPLEXITY IN Iron Pipe Fittings
1.13Rnk 134 / 1025
2023
Imports
$76MWorld Rnk 50 / 225
Flag Rnk 170 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $74.9M in Iron Pipe Fittings, making it the 34th largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 60th most exported product in Colombia. The main destination of Iron Pipe Fittings exports from Colombia are: United States ($56.1M), Canada ($11.3M), Ecuador ($3.3M), Saudi Arabia ($1.84M), and Argentina ($614k).

The fastest growing export markets for Iron Pipe Fittings of Colombia between 2022 and 2023 were Canada ($2.76M), Saudi Arabia ($1.84M), and Ecuador ($923k).

Imports In 2023, Colombia imported $76M in Iron Pipe Fittings, becoming the 50th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 170th most imported product in Colombia. Colombia imports Iron Pipe Fittings primarily from: China ($36.2M), United States ($21.3M), Spain ($2.2M), Germany ($2.01M), and Italy ($1.98M).

The fastest growing import markets in Iron Pipe Fittings for Colombia between 2022 and 2023 were Spain ($1.53M), Japan ($331k), and Netherlands ($125k).

Latest Trends

Dec 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 Iron Pipe Fittings. 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)$74.9M
IMPORTS (2023)$76M
NET TRADE (2023)-$1.07M

In 2023, Colombia exported $74.9M in Iron Pipe Fittings. The main destinations of Colombia exports on Iron Pipe Fittings were United States ($56.1M), Canada ($11.3M), Ecuador ($3.3M), Saudi Arabia ($1.84M), and Argentina ($614k).

In 2023, Colombia imported $76M in Iron Pipe Fittings, mainly from China ($36.2M), United States ($21.3M), Spain ($2.2M), Germany ($2.01M), and Italy ($1.98M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Canada$2.76M (32.3%)
Saudi Arabia$1.84M (99.8k%)
Ecuador$923k (38.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Colombia WERE (2022 - 2023):
United States-$11.4M (-16.8%)
Singapore-$387k (-98%)
Cuba-$84k (-88.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Iron Pipe Fittings were:
In 2023, Colombia's main importing competitors in Iron Pipe Fittings were:

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.13M
TOP IMPORT POTENTIALChina+ $5.96M

Iron Pipe Fittings’s highest export potential is United States. With an export gap of $6.13M.   Iron Pipe Fittings’s highest import potential is China with an import gap of $5.96M.

See methodology.

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