2023
Exports
$317MWorld Rnk 13 / 108
Flag Rnk 18 / 1150
2023
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.75Rnk 979 / 1025
2023
Imports
$36.8kWorld Rnk 61 / 107
Flag Rnk 1121 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $317M in Precious Metal Ore, making it the 13th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 18th most exported product in Colombia. The main destination of Precious Metal Ore exports from Colombia are: Singapore ($139M), India ($52.6M), China ($44.2M), Germany ($32M), and United Arab Emirates ($25.3M).

The fastest growing export markets for Precious Metal Ore of Colombia between 2022 and 2023 were Singapore ($129M), China ($12.6M), and Belgium ($6.2M).

Imports In 2023, Colombia imported $36.8k in Precious Metal Ore, becoming the 61st largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 1121st most imported product in Colombia. Colombia imports Precious Metal Ore primarily from: United States ($24.8k), Panama ($9.06k), Canada ($2.94k), and China ($20).

The fastest growing import markets in Precious Metal Ore for Colombia between 2022 and 2023 were United States ($24.8k), Panama ($9.06k), and Canada ($2.94k).

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 Precious Metal Ore. 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)$317M
IMPORTS (2023)$36.8k
NET TRADE (2023)$317M

In 2023, Colombia exported $317M in Precious Metal Ore. The main destinations of Colombia exports on Precious Metal Ore were Singapore ($139M), India ($52.6M), China ($44.2M), Germany ($32M), and United Arab Emirates ($25.3M).

In 2023, Colombia imported $36.8k in Precious Metal Ore, mainly from United States ($24.8k), Panama ($9.06k), Canada ($2.94k), and China ($20).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Singapore$129M (1.35k%)
China$12.6M (40%)
Belgium$6.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Colombia WERE (2022 - 2023):
United Arab Emirates-$18.8M (-42.7%)
United States-$11.1M (-94.8%)
Peru-$8.79M (-79.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Precious Metal Ore were:
In 2023, Colombia's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $25.1M
TOP IMPORT POTENTIALChina+ $997

Precious Metal Ore’s highest export potential is China. With an export gap of $25.1M.   Precious Metal Ore’s highest import potential is China with an import gap of $997.

See methodology.

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