2023
Exports
$7.53MWorld Rnk 53 / 136
Flag Rnk 279 / 1150
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$5.3MWorld Rnk 57 / 179
Flag Rnk 640 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $7.53M in Silver, making it the 53rd largest exporter of Silver in the world. At the same year, Silver was the 279th most exported product in Colombia. The main destination of Silver exports from Colombia are: United States ($6.03M), Chile ($930k), Italy ($283k), Uruguay ($223k), and Canada ($32.8k).

The fastest growing export markets for Silver of Colombia between 2022 and 2023 were United States ($3.86M), United Kingdom ($14k), and Panama ($53).

Imports In 2023, Colombia imported $5.3M in Silver, becoming the 57th largest importer of Silver in the world. At the same year, Silver was the 640th most imported product in Colombia. Colombia imports Silver primarily from: United States ($2.2M), Peru ($1.37M), Germany ($769k), India ($320k), and Brazil ($279k).

The fastest growing import markets in Silver for Colombia between 2022 and 2023 were United States ($1.72M), Germany ($638k), and Peru ($571k).

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 Silver. 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)$7.53M
IMPORTS (2023)$5.3M
NET TRADE (2023)$2.22M

In 2023, Colombia exported $7.53M in Silver. The main destinations of Colombia exports on Silver were United States ($6.03M), Chile ($930k), Italy ($283k), Uruguay ($223k), and Canada ($32.8k).

In 2023, Colombia imported $5.3M in Silver, mainly from United States ($2.2M), Peru ($1.37M), Germany ($769k), India ($320k), and Brazil ($279k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$3.86M (178%)
Panama$53 (12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Colombia WERE (2022 - 2023):
Australia-$1.01M (-100%)
Canada-$695k (-95.5%)
Italy-$305k (-51.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.86M
TOP IMPORT POTENTIALUnited States+ $709k

Silver’s highest export potential is United States. With an export gap of $2.86M.   Silver’s highest import potential is United States with an import gap of $709k.

See methodology.

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