2022
Exports
$1.68MWorld Rnk 81 / 143
Flag Rnk 471 / 1142
falsefalse China
2022
Imports
$36.3MWorld Rnk 44 / 198
Flag Rnk 314 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.68M in Stearic Acid, making it the 81st largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 471st most exported product in Colombia. The main destination of Stearic Acid exports from Colombia are: China ($422k), Venezuela ($358k), Mexico ($267k), Netherlands ($117k), and United States ($115k).

The fastest growing export markets for Stearic Acid of Colombia between 2021 and 2022 were China ($376k), Mexico ($267k), and Honduras ($95.4k).

Imports In 2022, Colombia imported $36.3M in Stearic Acid, becoming the 44th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 314th most imported product in Colombia. Colombia imports Stearic Acid primarily from: United States ($5.94M), China ($5.15M), Belgium ($5.08M), India ($4.13M), and Indonesia ($3.79M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.68M
IMPORTS (2022)$36.3M
NET TRADE (2022)-$34.6M

In 2022, Colombia exported $1.68M in Stearic Acid. The main destinations of Colombia exports on Stearic Acid were China ($422k), Venezuela ($358k), Mexico ($267k), Netherlands ($117k), and United States ($115k).

In 2022, Colombia imported $36.3M in Stearic Acid, mainly from United States ($5.94M), China ($5.15M), Belgium ($5.08M), India ($4.13M), and Indonesia ($3.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
China$376k (810%)
Mexico$267k (1%)
Honduras$95.4k (7.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Colombia WERE (2021 - 2022):
Spain-$37.1k (-100%)
Ecuador-$28.9k (-48.6%)
Japan-$24.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Colombia's main exporting competitors in Stearic Acid were:
In 2022, Colombia's main importing competitors in Stearic Acid were:

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Trade Value of Stearic Acid by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Stearic Acid’s highest export potential is N/A. With an export gap of N/A.   Stearic Acid’s highest import potential is N/A with an import gap of N/A.

See methodology.

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