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Pricing

2018
Exports $584kWorld Rnk 51 / 78
Flag Rnk 635 / 1142
2018
Destination $527k Burkina Faso
2021 - 2022
FASTEST GROWING MARKET $527kBurkina Faso
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles-0.46Rnk 688 / 1025
2018
Imports $56MWorld Rnk 21 / 130
Flag Rnk 248 / 1183
2018
Origin $45.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $45.8MUnited States
2022
ECONOMIC COMPLEXITY of Colombia0.11Rnk 58 / 133

About

Exports In 2018, Colombia exported $584k in Tanks and Armored vehicles, making it the 51st largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 635th most exported product in Colombia. The main destination of Tanks and Armored vehicles exports from Colombia are: Burkina Faso ($527k), Slovakia ($33.7k), Australia ($12k), Switzerland ($9.79k), and Chile ($990).

The fastest growing export markets for Tanks and Armored vehicles of Colombia between 2021 and 2022 were Burkina Faso ($527k), Slovakia ($33.7k), and Australia ($12k).

Imports In 2022, Colombia imported $56M in Tanks and Armored vehicles, becoming the 21st largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 248th most imported product in Colombia. Colombia imports Tanks and Armored vehicles primarily from: United States ($54.8M) and Spain ($1.25M).

The fastest growing import markets in Tanks and Armored vehicles for Colombia between 2021 and 2022 were United States ($45.8M) and Spain ($436k).

Latest Trends

Sep 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 Tanks and Armored vehicles. 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)$584k
IMPORTS (2022)$56M
NET TRADE (2022)-$55.4M

In 2022, Colombia exported $584k in Tanks and Armored vehicles. The main destinations of Colombia exports on Tanks and Armored vehicles were Burkina Faso ($527k), Slovakia ($33.7k), Australia ($12k), Switzerland ($9.79k), and Chile ($990).

In 2022, Colombia imported $56M in Tanks and Armored vehicles, mainly from United States ($54.8M) and Spain ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Burkina Faso$527k (1%)
Slovakia$33.7k (1%)
Australia$12k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Colombia WERE (2021 - 2022):
United States-$35.1k (-98.4%)
Spain-$27.4k (-100%)
Chile-$1.32k (-57.1%)
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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 Tanks and Armored vehicles were:
United States $954M
Canada $954M
Germany $377M
In 2022, Colombia's main importing competitors in Tanks and Armored vehicles were:
Saudi Arabia $674M
United States $379M
Kuwait $304M

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $14.8k
TOP IMPORT POTENTIALSpain+ $396k

Tanks and Armored vehicles’s highest export potential is Australia. With an export gap of $14.8k.   Tanks and Armored vehicles’s highest import potential is Spain with an import gap of $396k.

See methodology.

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