2022
Exports
$3.24MWorld Rnk 83 / 173
Flag Rnk 391 / 1142
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$7.41MWorld Rnk 78 / 217
Flag Rnk 613 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $3.24M in Other Oily Seeds, making it the 83rd largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 391st most exported product in Colombia. The main destination of Other Oily Seeds exports from Colombia are: Honduras ($864k), Guatemala ($850k), Mexico ($643k), Brazil ($310k), and Peru ($236k).

The fastest growing export markets for Other Oily Seeds of Colombia between 2021 and 2022 were Guatemala ($568k), Mexico ($557k), and Brazil ($310k).

Imports In 2022, Colombia imported $7.41M in Other Oily Seeds, becoming the 78th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 613th most imported product in Colombia. Colombia imports Other Oily Seeds primarily from: United States ($1.64M), Ecuador ($1.22M), Bolivia ($871k), Guatemala ($700k), and Venezuela ($576k).

The fastest growing import markets in Other Oily Seeds for Colombia between 2021 and 2022 were Ecuador ($1.22M), United States ($520k), and Mexico ($445k).

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 Oily Seeds. 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)$3.24M
IMPORTS (2022)$7.41M
NET TRADE (2022)-$4.18M

In 2022, Colombia exported $3.24M in Other Oily Seeds. The main destinations of Colombia exports on Other Oily Seeds were Honduras ($864k), Guatemala ($850k), Mexico ($643k), Brazil ($310k), and Peru ($236k).

In 2022, Colombia imported $7.41M in Other Oily Seeds, mainly from United States ($1.64M), Ecuador ($1.22M), Bolivia ($871k), Guatemala ($700k), and Venezuela ($576k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Guatemala$568k (202%)
Mexico$557k (647%)
Brazil$310k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Colombia WERE (2021 - 2022):
Peru-$725k (-75.4%)
Germany-$159k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Colombia's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $215k
TOP IMPORT POTENTIALIndia+ $374k

Other Oily Seeds’s highest export potential is Mexico. With an export gap of $215k.   Other Oily Seeds’s highest import potential is India with an import gap of $374k.

See methodology.

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