Mill Machinery in Colombia

EXPORTS (2018): $2.55M, World Rnk 43 / 128
Flag Rnk 380 / 1062

TOP DESTINATION (2018): $592k, Panama

FASTEST GROWING MARKET (2017 - 2018): $220k, Bulgaria

IMPORTS (2018): $13.7M, World Rnk 54 / 190
Flag Rnk 428 / 1184

TOP ORIGIN (2018): $4.16M, China

FASTEST GROWING ORIGIN (2017 - 2018): $924k, China

ECONOMIC COMPLEXITY of Colombia (2018): 0.23, Rnk 56 / 137

PRODUCT COMPLEXITY  IN Mill Machinery (2018): 0.52, Rnk 366 / 1018

Overview: This page contains the latest trade data of Mill Machinery in Colombia.

Exports: In 2018, Colombia exported $2.55M in Mill Machinery, making it the 43rd largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 380th most exported product in Colombia. The main destination of Mill Machinery exports from Colombia are: Panama ($592k), Canada ($266k), Bulgaria ($220k), Italy ($219k), and Philippines ($162k).

The fastest growing export markets for Mill Machinery of Colombia between 2017 and 2018 were Bulgaria ($220k), Panama ($194k), and Philippines ($155k).

Imports: In 2018, Colombia imported $13.7M in Mill Machinery, becoming the 54th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 428th most imported product in Colombia. Colombia imports Mill Machinery primarily from: China ($4.16M), Brazil ($2.83M), Italy ($977k), United States ($785k), and Poland ($778k).

The fastest growing import markets in Mill Machinery for Colombia between 2017 and 2018 were China ($924k), Poland ($747k), and Turkey ($499k).

Tariffs: In 2018, the average tariff for Colombia in Mill Machinery was 2.29%. The countries with the highest import tariffs for Mill Machinery were Cuba (5.33%), Panama (5.33%), United States (3.75%), Angola (2.5%), and Burundi (2.5%).

Value

EXPORTS (2018): $2.55M

IMPORTS (2018): $13.7M

NET TRADE (2018): -$11.2M

In 2018, Colombia exported $2.55M in Mill Machinery. The main destinations of Colombia exports on Mill Machinery were Panama ($592k), Canada ($266k), Bulgaria ($220k), Italy ($219k), and Philippines ($162k).

In 2018, Colombia imported $13.7M in Mill Machinery, mainly from China ($4.16M), Brazil ($2.83M), Italy ($977k), United States ($785k), and Poland ($778k).

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IN 2018, Colombia HAD A POSITIVE NET TRADE IN Mill Machinery WITH:

  • Panama, $592k ($592k - $0)
  • Bulgaria, $220k ($220k - $0)
  • Canada, $191k ($266k - $74.5k)

IN 2018, Colombia HAD A NEGATIVE NET TRADE IN Mill Machinery WITH:

  • China, -$4.16M ($0 - $4.16M)
  • Brazil, -$2.75M ($82.6k - $2.83M)
  • Poland, -$778k ($0 - $778k)
Flow

THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Colombia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Colombia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Colombia's main exporting competitors in Mill Machinery were:

In 2018, Colombia's main importing competitors in Mill Machinery were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Mill Machinery in Colombia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Colombia in Mill Machinery was 2.29%.

The countries with the highest tariffs for Mill Machinery in Colombia were Cuba (5.33%), Panama (5.33%), United States (3.75%), Angola (2.5%), and Burundi (2.5%).

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