2022
Exports
$1.36MWorld Rnk 60 / 197
Flag Rnk 502 / 1142
2022
PRODUCT COMPLEXITY IN Party Decorations
-0.73Rnk 764 / 1025
2022
Imports
$43MWorld Rnk 33 / 221
Flag Rnk 288 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.36M in Party Decorations, making it the 60th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 502nd most exported product in Colombia. The main destination of Party Decorations exports from Colombia are: China ($271k), United States ($259k), Trinidad and Tobago ($167k), Ecuador ($167k), and Panama ($118k).

The fastest growing export markets for Party Decorations of Colombia between 2021 and 2022 were China ($269k), Trinidad and Tobago ($167k), and Panama ($115k).

Imports In 2022, Colombia imported $43M in Party Decorations, becoming the 33rd largest importer of Party Decorations in the world. At the same year, Party Decorations was the 288th most imported product in Colombia. Colombia imports Party Decorations primarily from: China ($41.5M), Thailand ($792k), United States ($225k), El Salvador ($121k), and India ($82.5k).

The fastest growing import markets in Party Decorations for Colombia between 2021 and 2022 were Thailand ($158k), El Salvador ($50.3k), and Panama ($22.1k).

Latest Trends

Jul 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 Party Decorations. 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)$1.36M
IMPORTS (2022)$43M
NET TRADE (2022)-$41.6M

In 2022, Colombia exported $1.36M in Party Decorations. The main destinations of Colombia exports on Party Decorations were China ($271k), United States ($259k), Trinidad and Tobago ($167k), Ecuador ($167k), and Panama ($118k).

In 2022, Colombia imported $43M in Party Decorations, mainly from China ($41.5M), Thailand ($792k), United States ($225k), El Salvador ($121k), and India ($82.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
China$269k (13.2k%)
Trinidad and Tobago$167k (24.4k%)
Panama$115k (3.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Colombia WERE (2021 - 2022):
South Africa-$271k (-100%)
El Salvador-$254k (-91.8%)
Peru-$137k (-97.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Party Decorations were:
In 2022, Colombia's main importing competitors in Party Decorations were:

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $519k
TOP IMPORT POTENTIALChina+ $3.29M

Party Decorations’s highest export potential is United States. With an export gap of $519k.   Party Decorations’s highest import potential is China with an import gap of $3.29M.

See methodology.

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