2022
Exports
$443kWorld Rnk 56 / 109
Flag Rnk 672 / 1142
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates
-0.15Rnk 597 / 1025
2022
Imports
$3.5MWorld Rnk 62 / 183
Flag Rnk 750 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $443k in Nitrites and Nitrates, making it the 56th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 672nd most exported product in Colombia. The main destination of Nitrites and Nitrates exports from Colombia are: Belgium ($193k), Japan ($187k), Peru ($31k), United States ($22.2k), and Guatemala ($7.31k).

The fastest growing export markets for Nitrites and Nitrates of Colombia between 2021 and 2022 were Japan ($99.2k), Peru ($31k), and United States ($8.54k).

Imports In 2022, Colombia imported $3.5M in Nitrites and Nitrates, becoming the 62nd largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 750th most imported product in Colombia. Colombia imports Nitrites and Nitrates primarily from: Chile ($1.78M), Germany ($842k), Jordan ($341k), China ($233k), and United States ($192k).

The fastest growing import markets in Nitrites and Nitrates for Colombia between 2021 and 2022 were Chile ($1.43M), Germany ($378k), and Jordan ($341k).

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 Nitrites and Nitrates. 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)$443k
IMPORTS (2022)$3.5M
NET TRADE (2022)-$3.06M

In 2022, Colombia exported $443k in Nitrites and Nitrates. The main destinations of Colombia exports on Nitrites and Nitrates were Belgium ($193k), Japan ($187k), Peru ($31k), United States ($22.2k), and Guatemala ($7.31k).

In 2022, Colombia imported $3.5M in Nitrites and Nitrates, mainly from Chile ($1.78M), Germany ($842k), Jordan ($341k), China ($233k), and United States ($192k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Japan$99.2k (113%)
Peru$31k (1%)
United States$8.54k (62.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Colombia WERE (2021 - 2022):
Guatemala-$108k (-93.7%)
Belgium-$83k (-30.1%)
Venezuela-$13.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
In 2022, Colombia's main importing competitors in Nitrites and Nitrates were:

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $38.3k
TOP IMPORT POTENTIALChile+ $273k

Nitrites and Nitrates’s highest export potential is Peru. With an export gap of $38.3k.   Nitrites and Nitrates’s highest import potential is Chile with an import gap of $273k.

See methodology.

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