2023
Exports
$1.42MWorld Rnk 61 / 199
Flag Rnk 508 / 1150
2023
PRODUCT COMPLEXITY IN Motor-working Tools
1.34Rnk 73 / 1025
2023
Imports
$66.3MWorld Rnk 34 / 225
Flag Rnk 186 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $1.42M in Motor-working Tools, making it the 61st largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 508th most exported product in Colombia. The main destination of Motor-working Tools exports from Colombia are: United States ($373k), Mexico ($217k), Peru ($174k), Costa Rica ($111k), and Guatemala ($94.6k).

The fastest growing export markets for Motor-working Tools of Colombia between 2022 and 2023 were United States ($143k), Mexico ($119k), and Panama ($67.8k).

Imports In 2023, Colombia imported $66.3M in Motor-working Tools, becoming the 34th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 186th most imported product in Colombia. Colombia imports Motor-working Tools primarily from: China ($21.7M), Brazil ($19.9M), Japan ($5.91M), Germany ($5.15M), and United States ($4.88M).

The fastest growing import markets in Motor-working Tools for Colombia between 2022 and 2023 were Mexico ($452k), Canada ($323k), and Austria ($162k).

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 Motor-working Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.42M
IMPORTS (2023)$66.3M
NET TRADE (2023)-$64.9M

In 2023, Colombia exported $1.42M in Motor-working Tools. The main destinations of Colombia exports on Motor-working Tools were United States ($373k), Mexico ($217k), Peru ($174k), Costa Rica ($111k), and Guatemala ($94.6k).

In 2023, Colombia imported $66.3M in Motor-working Tools, mainly from China ($21.7M), Brazil ($19.9M), Japan ($5.91M), Germany ($5.15M), and United States ($4.88M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$143k (62%)
Mexico$119k (122%)
Panama$67.8k (439%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Colombia WERE (2022 - 2023):
Nicaragua-$70.3k (-92.2%)
Dominican Republic-$54.1k (-85.6%)
India-$45.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Colombia's main exporting competitors in Motor-working Tools were:
In 2023, Colombia's main importing competitors in Motor-working Tools were:

Explore Visualizations

Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $559k
TOP IMPORT POTENTIALChina+ $17.5M

Motor-working Tools’s highest export potential is United States. With an export gap of $559k.   Motor-working Tools’s highest import potential is China with an import gap of $17.5M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with