2023
Exports
$984kWorld Rnk 65 / 177
Flag Rnk 570 / 1150
2023
PRODUCT COMPLEXITY IN Woodworking machines
1.29Rnk 81 / 1025
2023
Imports
$18.6MWorld Rnk 60 / 217
Flag Rnk 395 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $984k in Woodworking machines, making it the 65th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 570th most exported product in Colombia. The main destination of Woodworking machines exports from Colombia are: United States ($243k), Mexico ($125k), Brazil ($120k), Chile ($114k), and Guatemala ($97k).

The fastest growing export markets for Woodworking machines of Colombia between 2022 and 2023 were United States ($240k), Mexico ($124k), and Brazil ($120k).

Imports In 2023, Colombia imported $18.6M in Woodworking machines, becoming the 60th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 395th most imported product in Colombia. Colombia imports Woodworking machines primarily from: China ($8.58M), Germany ($2.62M), Italy ($2.24M), Czechia ($1.12M), and Brazil ($669k).

The fastest growing import markets in Woodworking machines for Colombia between 2022 and 2023 were China ($4.08M), Germany ($1.11M), and Spain ($446k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Woodworking 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 (2023)$984k
IMPORTS (2023)$18.6M
NET TRADE (2023)-$17.6M

In 2023, Colombia exported $984k in Woodworking machines. The main destinations of Colombia exports on Woodworking machines were United States ($243k), Mexico ($125k), Brazil ($120k), Chile ($114k), and Guatemala ($97k).

In 2023, Colombia imported $18.6M in Woodworking machines, mainly from China ($8.58M), Germany ($2.62M), Italy ($2.24M), Czechia ($1.12M), and Brazil ($669k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$240k (8.62k%)
Mexico$124k (18.1k%)
Brazil$120k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Colombia WERE (2022 - 2023):
Uruguay-$101k (-98.8%)
El Salvador-$82.6k (-92.9%)
Panama-$23.1k (-50.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Woodworking machines were:
China $2.22B
Germany $1.75B
Italy $1.23B
In 2023, Colombia's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $23.6k
TOP IMPORT POTENTIALChina+ $2.1M

Woodworking machines’s highest export potential is Chile. With an export gap of $23.6k.   Woodworking machines’s highest import potential is China with an import gap of $2.1M.

See methodology.

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