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2022
Exports $90World Rnk 102 / 104
Flag Rnk 1127 / 1142
2022
Destination $26 Venezuela
2021 - 2022
FASTEST GROWING MARKET $26Dominican Republic
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.08Rnk 143 / 1025
2022
Imports $127kWorld Rnk 85 / 180
Flag Rnk 1077 / 1183
2022
Origin $4.56k United States
2021 - 2022
FASTEST GROWING ORIGIN $4.56kGermany
2022
ECONOMIC COMPLEXITY of Colombia0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $90 in Stainless Steel Ingots, making it the 102nd largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1127th most exported product in Colombia. The main destination of Stainless Steel Ingots exports from Colombia are: Venezuela ($64) and Dominican Republic ($26).

The fastest growing export markets for Stainless Steel Ingots of Colombia between 2021 and 2022 were Dominican Republic ($26).

Imports In 2022, Colombia imported $127k in Stainless Steel Ingots, becoming the 85th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1077th most imported product in Colombia. Colombia imports Stainless Steel Ingots primarily from: United States ($71.2k), Sweden ($51.2k), Germany ($4.56k), Brazil ($161), and India ($75).

The fastest growing import markets in Stainless Steel Ingots for Colombia between 2021 and 2022 were Germany ($4.56k) and Finland ($57).

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 Stainless Steel Ingots. 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)$90
IMPORTS (2022)$127k
NET TRADE (2022)-$127k

In 2022, Colombia exported $90 in Stainless Steel Ingots. The main destinations of Colombia exports on Stainless Steel Ingots were Venezuela ($64) and Dominican Republic ($26).

In 2022, Colombia imported $127k in Stainless Steel Ingots, mainly from United States ($71.2k), Sweden ($51.2k), Germany ($4.56k), Brazil ($161), and India ($75).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Colombia WERE (2021 - 2022):Dominican Republic$26 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Colombia WERE (2021 - 2022):
Venezuela-$1.13k (-94.6%)
United States-$616 (-100%)
Guatemala-$427 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Stainless Steel Ingots were:
Indonesia $4.21B
United Kingdom $805M
Sweden $298M
In 2022, Colombia's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M
Sweden $541M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $666
TOP IMPORT POTENTIALSweden+ $30.3k

Stainless Steel Ingots’s highest export potential is China. With an export gap of $666.   Stainless Steel Ingots’s highest import potential is Sweden with an import gap of $30.3k.

See methodology.

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