2023
Exports
$31.9kWorld Rnk 63 / 116
Flag Rnk 964 / 1150
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$4.3MWorld Rnk 46 / 198
Flag Rnk 676 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $31.9k in Peat, making it the 63rd largest exporter of Peat in the world. At the same year, Peat was the 964th most exported product in Colombia. The main destination of Peat exports from Colombia are: Ecuador ($20.2k), Brunei ($7.13k), United States ($2.62k), and Nicaragua ($2k).

The fastest growing export markets for Peat of Colombia between 2022 and 2023 were Ecuador ($20.2k), Brunei ($7.13k), and Nicaragua ($2k).

Imports In 2023, Colombia imported $4.3M in Peat, becoming the 46th largest importer of Peat in the world. At the same year, Peat was the 676th most imported product in Colombia. Colombia imports Peat primarily from: Latvia ($1.5M), Canada ($1.45M), Estonia ($1.06M), Lithuania ($220k), and Netherlands ($35.6k).

The fastest growing import markets in Peat for Colombia between 2022 and 2023 were Canada ($357k), Netherlands ($33.3k), and Sri Lanka ($21.8k).

Latest Trends

Dec 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 Peat. 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 (2023)$31.9k
IMPORTS (2023)$4.3M
NET TRADE (2023)-$4.27M

In 2023, Colombia exported $31.9k in Peat. The main destinations of Colombia exports on Peat were Ecuador ($20.2k), Brunei ($7.13k), United States ($2.62k), and Nicaragua ($2k).

In 2023, Colombia imported $4.3M in Peat, mainly from Latvia ($1.5M), Canada ($1.45M), Estonia ($1.06M), Lithuania ($220k), and Netherlands ($35.6k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Ecuador$20.2k (1%)
Brunei$7.13k (1%)
Nicaragua$2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Colombia WERE (2022 - 2023):
Venezuela-$7.35k (-100%)
Mexico-$5.84k (-100%)
United States-$2.03k (-43.6%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Peat were:
In 2023, Colombia's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.9k
TOP IMPORT POTENTIALCanada+ $255k

Peat’s highest export potential is United States. With an export gap of $12.9k.   Peat’s highest import potential is Canada with an import gap of $255k.

See methodology.

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