2022
Exports
$71.5MWorld Rnk 50 / 203
Flag Rnk 61 / 1142
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$756MWorld Rnk 30 / 225
Flag Rnk 13 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $71.5M in Rubber Tires, making it the 50th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 61st most exported product in Colombia. The main destination of Rubber Tires exports from Colombia are: United States ($52.9M), Mexico ($5.98M), Brazil ($5.2M), Ecuador ($2.96M), and Peru ($1.14M).

The fastest growing export markets for Rubber Tires of Colombia between 2021 and 2022 were United States ($12.2M), Brazil ($4.72M), and Mexico ($2.91M).

Imports In 2022, Colombia imported $756M in Rubber Tires, becoming the 30th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 13th most imported product in Colombia. Colombia imports Rubber Tires primarily from: China ($340M), Brazil ($90M), Japan ($84.3M), United States ($56.4M), and South Korea ($28.4M).

The fastest growing import markets in Rubber Tires for Colombia between 2021 and 2022 were Japan ($58M), China ($57.9M), and Brazil ($30.8M).

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 Rubber Tires. 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)$71.5M
IMPORTS (2022)$756M
NET TRADE (2022)-$685M

In 2022, Colombia exported $71.5M in Rubber Tires. The main destinations of Colombia exports on Rubber Tires were United States ($52.9M), Mexico ($5.98M), Brazil ($5.2M), Ecuador ($2.96M), and Peru ($1.14M).

In 2022, Colombia imported $756M in Rubber Tires, mainly from China ($340M), Brazil ($90M), Japan ($84.3M), United States ($56.4M), and South Korea ($28.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$12.2M (30.1%)
Brazil$4.72M (973%)
Mexico$2.91M (94.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Colombia WERE (2021 - 2022):
Chile-$772k (-51.6%)
Nicaragua-$144k (-66.3%)
China-$121k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Rubber Tires were:
In 2022, Colombia's main importing competitors in Rubber Tires were:

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25M
TOP IMPORT POTENTIALBrazil+ $22.6M

Rubber Tires’s highest export potential is United States. With an export gap of $25M.   Rubber Tires’s highest import potential is Brazil with an import gap of $22.6M.

See methodology.

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