2022
Exports
$18.1kWorld Rnk 68 / 105
Flag Rnk 999 / 1142
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$4.65MWorld Rnk 48 / 195
Flag Rnk 702 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $18.1k in Peat, making it the 68th largest exporter of Peat in the world. At the same year, Peat was the 999th most exported product in Colombia. The main destination of Peat exports from Colombia are: Venezuela ($7.35k), Mexico ($5.84k), United States ($4.65k), and Netherlands ($303).

The fastest growing export markets for Peat of Colombia between 2021 and 2022 were Venezuela ($7.35k), Mexico ($5.84k), and United States ($4.65k).

Imports In 2022, Colombia imported $4.65M in Peat, becoming the 48th largest importer of Peat in the world. At the same year, Peat was the 702nd most imported product in Colombia. Colombia imports Peat primarily from: Canada ($1.3M), Estonia ($1.29M), Latvia ($1.28M), Lithuania ($703k), and United States ($33.6k).

The fastest growing import markets in Peat for Colombia between 2021 and 2022 were Estonia ($603k), Latvia ($464k), and Lithuania ($325k).

Latest Trends

Oct 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 (2022)$18.1k
IMPORTS (2022)$4.65M
NET TRADE (2022)-$4.63M

In 2022, Colombia exported $18.1k in Peat. The main destinations of Colombia exports on Peat were Venezuela ($7.35k), Mexico ($5.84k), United States ($4.65k), and Netherlands ($303).

In 2022, Colombia imported $4.65M in Peat, mainly from Canada ($1.3M), Estonia ($1.29M), Latvia ($1.28M), Lithuania ($703k), and United States ($33.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$7.35k (1%)
Mexico$5.84k (1%)
United States$4.65k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Colombia WERE (2021 - 2022):Panama-$21.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Peat were:
In 2022, 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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