2022
Exports
$8.4MWorld Rnk 61 / 216
Flag Rnk 254 / 1142
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$163MWorld Rnk 49 / 224
Flag Rnk 98 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $8.4M in Other Electrical Machinery, making it the 61st largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 254th most exported product in Colombia. The main destination of Other Electrical Machinery exports from Colombia are: Spain ($3.24M), Peru ($1.9M), Ecuador ($470k), Brazil ($451k), and United States ($430k).

The fastest growing export markets for Other Electrical Machinery of Colombia between 2021 and 2022 were Spain ($2.74M), Peru ($1.49M), and Brazil ($352k).

Imports In 2022, Colombia imported $163M in Other Electrical Machinery, becoming the 49th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 98th most imported product in Colombia. Colombia imports Other Electrical Machinery primarily from: China ($96.6M), United States ($18.6M), Mexico ($7.86M), Spain ($5.27M), and Malaysia ($4.3M).

The fastest growing import markets in Other Electrical Machinery for Colombia between 2021 and 2022 were China ($7.26M), Spain ($3.18M), and United Kingdom ($1.92M).

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 Other Electrical Machinery. 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)$8.4M
IMPORTS (2022)$163M
NET TRADE (2022)-$155M

In 2022, Colombia exported $8.4M in Other Electrical Machinery. The main destinations of Colombia exports on Other Electrical Machinery were Spain ($3.24M), Peru ($1.9M), Ecuador ($470k), Brazil ($451k), and United States ($430k).

In 2022, Colombia imported $163M in Other Electrical Machinery, mainly from China ($96.6M), United States ($18.6M), Mexico ($7.86M), Spain ($5.27M), and Malaysia ($4.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Spain$2.74M (558%)
Peru$1.49M (357%)
Brazil$352k (354%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Colombia WERE (2021 - 2022):
United States-$925k (-68.2%)
Malaysia-$737k (-100%)
Mexico-$231k (-60.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Other Electrical Machinery were:
In 2022, Colombia's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.32M
TOP IMPORT POTENTIALChina+ $19.3M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $1.32M.   Other Electrical Machinery’s highest import potential is China with an import gap of $19.3M.

See methodology.

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