2023
Exports
$35.7MWorld Rnk 53 / 201
Flag Rnk 103 / 1150
2023
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.56Rnk 724 / 1025
2023
Imports
$60.8MWorld Rnk 55 / 226
Flag Rnk 195 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $35.7M in Sauces and Seasonings, making it the 53rd largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 103rd most exported product in Colombia. The main destination of Sauces and Seasonings exports from Colombia are: United States ($20.6M), Venezuela ($2.95M), Ecuador ($2.3M), United Kingdom ($1.5M), and Belgium ($1.3M).

The fastest growing export markets for Sauces and Seasonings of Colombia between 2022 and 2023 were United States ($12.4M), Venezuela ($1.22M), and Ecuador ($602k).

Imports In 2023, Colombia imported $60.8M in Sauces and Seasonings, becoming the 55th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 195th most imported product in Colombia. Colombia imports Sauces and Seasonings primarily from: United States ($25.3M), Mexico ($17M), Italy ($7.65M), Chile ($2.91M), and Germany ($1.07M).

The fastest growing import markets in Sauces and Seasonings for Colombia between 2022 and 2023 were Mexico ($2.17M), Italy ($1.22M), and Chile ($1.06M).

COMPANIES In 2024, leading companies such as Chiquita (4) were at the forefront of shipping Sauces and Seasonings from Colombia to the United States.

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 Sauces and Seasonings. 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)$35.7M
IMPORTS (2023)$60.8M
NET TRADE (2023)-$25.1M

In 2023, Colombia exported $35.7M in Sauces and Seasonings. The main destinations of Colombia exports on Sauces and Seasonings were United States ($20.6M), Venezuela ($2.95M), Ecuador ($2.3M), United Kingdom ($1.5M), and Belgium ($1.3M).

In 2023, Colombia imported $60.8M in Sauces and Seasonings, mainly from United States ($25.3M), Mexico ($17M), Italy ($7.65M), Chile ($2.91M), and Germany ($1.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$12.4M (152%)
Venezuela$1.22M (70.9%)
Ecuador$602k (35.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Colombia WERE (2022 - 2023):
Peru-$217k (-17.7%)
United Arab Emirates-$186k (-33.7%)
Germany-$113k (-98.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Sauces and Seasonings were:
In 2023, Colombia's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.92M
TOP IMPORT POTENTIALItaly+ $1.81M

Sauces and Seasonings’s highest export potential is United States. With an export gap of $4.92M.   Sauces and Seasonings’s highest import potential is Italy with an import gap of $1.81M.

See methodology.

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