2022
Exports
$783kWorld Rnk 52 / 127
Flag Rnk 590 / 1142
2022
PRODUCT COMPLEXITY IN Vending Machines
0.65Rnk 296 / 1025
2022
Imports
$8.92MWorld Rnk 39 / 202
Flag Rnk 586 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $783k in Vending Machines, making it the 52nd largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 590th most exported product in Colombia. The main destination of Vending Machines exports from Colombia are: United States ($533k), Uruguay ($72.8k), Mexico ($63k), Ecuador ($50.5k), and Panama ($28.7k).

The fastest growing export markets for Vending Machines of Colombia between 2021 and 2022 were Mexico ($63k), Ecuador ($42.9k), and Panama ($13.9k).

Imports In 2018, Colombia imported $8.92M in Vending Machines, becoming the 39th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 586th most imported product in Colombia. Colombia imports Vending Machines primarily from: Canada ($4.57M), Italy ($1.45M), Spain ($1.16M), Mexico ($613k), and China ($417k).

The fastest growing import markets in Vending Machines for Colombia between 2021 and 2022 were Canada ($4.57M), Spain ($642k), and Mexico ($584k).

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 Vending Machines. 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)$783k
IMPORTS (2022)$8.92M
NET TRADE (2022)-$8.14M

In 2022, Colombia exported $783k in Vending Machines. The main destinations of Colombia exports on Vending Machines were United States ($533k), Uruguay ($72.8k), Mexico ($63k), Ecuador ($50.5k), and Panama ($28.7k).

In 2022, Colombia imported $8.92M in Vending Machines, mainly from Canada ($4.57M), Italy ($1.45M), Spain ($1.16M), Mexico ($613k), and China ($417k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Mexico$63k (1%)
Ecuador$42.9k (557%)
Panama$13.9k (94.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Colombia WERE (2021 - 2022):
United States-$640k (-54.6%)
Chile-$199k (-89.7%)
Peru-$37.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Vending Machines were:
In 2022, Colombia's main importing competitors in Vending Machines were:

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $238k
TOP IMPORT POTENTIALChina+ $420k

Vending Machines’s highest export potential is United States. With an export gap of $238k.   Vending Machines’s highest import potential is China with an import gap of $420k.

See methodology.

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