2022
Exports
$26.1kWorld Rnk 100 / 145
Flag Rnk 977 / 1142
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$5.02MWorld Rnk 48 / 216
Flag Rnk 694 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $26.1k in Spice Seeds, making it the 100th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 977th most exported product in Colombia. The main destination of Spice Seeds exports from Colombia are: United States ($12k), Guatemala ($6.58k), El Salvador ($4.29k), Kuwait ($2.84k), and Curaçao ($228).

The fastest growing export markets for Spice Seeds of Colombia between 2021 and 2022 were Kuwait ($2.84k), El Salvador ($2.45k), and Guatemala ($1.89k).

Imports In 2022, Colombia imported $5.02M in Spice Seeds, becoming the 48th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 694th most imported product in Colombia. Colombia imports Spice Seeds primarily from: India ($3.95M), Vietnam ($389k), Italy ($238k), United States ($80.9k), and Spain ($71.6k).

The fastest growing import markets in Spice Seeds for Colombia between 2021 and 2022 were Vietnam ($111k), Italy ($49k), and China ($48.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Spice Seeds. 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)$26.1k
IMPORTS (2022)$5.02M
NET TRADE (2022)-$4.99M

In 2022, Colombia exported $26.1k in Spice Seeds. The main destinations of Colombia exports on Spice Seeds were United States ($12k), Guatemala ($6.58k), El Salvador ($4.29k), Kuwait ($2.84k), and Curaçao ($228).

In 2022, Colombia imported $5.02M in Spice Seeds, mainly from India ($3.95M), Vietnam ($389k), Italy ($238k), United States ($80.9k), and Spain ($71.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Kuwait$2.84k (1%)
El Salvador$2.45k (133%)
Guatemala$1.89k (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Colombia WERE (2021 - 2022):
Dominican Republic-$1.66k (-100%)
United States-$1.12k (-8.53%)
Curaçao-$2 (-0.87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Colombia's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Colombia's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.4k
TOP IMPORT POTENTIALIndia+ $244k

Spice Seeds’s highest export potential is United States. With an export gap of $17.4k.   Spice Seeds’s highest import potential is India with an import gap of $244k.

See methodology.

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