Vehicle Chassis in Colombia

EXPORTS (2018): $12.8M, World Rnk 26 / 86
Flag Rnk 172 / 1062

TOP DESTINATION (2018): $8.9M, Ecuador

FASTEST GROWING MARKET (2017 - 2018): $1.58M, Ecuador

IMPORTS (2018): $80M, World Rnk 21 / 172
Flag Rnk 142 / 1184

TOP ORIGIN (2018): $50.1M, Brazil

FASTEST GROWING ORIGIN (2017 - 2018): $31.8M, Brazil

ECONOMIC COMPLEXITY of Colombia (2018): 0.23, Rnk 56 / 137

PRODUCT COMPLEXITY  IN Vehicle Chassis (2018): 0.88, Rnk 208 / 1018

Exports: In 2018, Colombia exported $12.8M in Vehicle Chassis, making it the 26th largest exporter of Vehicle Chassis in the world. At the same year, Vehicle Chassis was the 172nd most exported product in Colombia. The main destination of Vehicle Chassis exports from Colombia are: Ecuador ($8.9M), Peru ($3.56M), Chile ($216k), Ethiopia ($100k), and Germany ($1.12k).

The fastest growing export markets for Vehicle Chassis of Colombia between 2017 and 2018 were Ecuador ($1.58M), Ethiopia ($100k), and Germany ($1.12k).

Imports: In 2018, Colombia imported $80M in Vehicle Chassis, becoming the 21st largest importer of Vehicle Chassis in the world. At the same year, Vehicle Chassis was the 142nd most imported product in Colombia. Colombia imports Vehicle Chassis primarily from: Brazil ($50.1M), Japan ($18.8M), Mexico ($7.49M), China ($1.5M), and India ($1.27M).

The fastest growing import markets in Vehicle Chassis for Colombia between 2017 and 2018 were Brazil ($31.8M), Mexico ($5.15M), and China ($1.3M).

Tariffs: In 2018, the average tariff for Colombia in Vehicle Chassis was 14.3%. The countries with the highest import tariffs for Vehicle Chassis were South Korea (18.7%), Angola (15.7%), Burundi (15.7%), Benin (15.7%), and Burkina Faso (15.7%).

Value

EXPORTS (2018): $12.8M

IMPORTS (2018): $80M

NET TRADE (2018): -$67.3M

In 2018, Colombia exported $12.8M in Vehicle Chassis. The main destinations of Colombia exports on Vehicle Chassis were Ecuador ($8.9M), Peru ($3.56M), Chile ($216k), Ethiopia ($100k), and Germany ($1.12k).

In 2018, Colombia imported $80M in Vehicle Chassis, mainly from Brazil ($50.1M), Japan ($18.8M), Mexico ($7.49M), China ($1.5M), and India ($1.27M).

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Flow

THE FASTEST GROWING Vehicle Chassis EXPORT MARKETS FOR Colombia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Chassis BY Colombia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Colombia's main exporting competitors in Vehicle Chassis were:

In 2018, Colombia's main importing competitors in Vehicle Chassis were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Vehicle Chassis in Colombia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Colombia in Vehicle Chassis was 14.3%.

The countries with the highest tariffs for Vehicle Chassis in Colombia were South Korea (18.7%), Angola (15.7%), Burundi (15.7%), Benin (15.7%), and Burkina Faso (15.7%).

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