2022
Exports
$487kWorld Rnk 71 / 174
Flag Rnk 659 / 1142
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$15.1MWorld Rnk 68 / 218
Flag Rnk 464 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $487k in Woodworking machines, making it the 71st largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 659th most exported product in Colombia. The main destination of Woodworking machines exports from Colombia are: Uruguay ($94.3k), El Salvador ($89k), Costa Rica ($58.9k), Curaçao ($46.6k), and Panama ($45.8k).

The fastest growing export markets for Woodworking machines of Colombia between 2021 and 2022 were Uruguay ($94.3k), Curaçao ($42.1k), and Panama ($40.6k).

Imports In 2022, Colombia imported $15.1M in Woodworking machines, becoming the 68th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 464th most imported product in Colombia. Colombia imports Woodworking machines primarily from: China ($4.52M), Italy ($2.68M), Germany ($2.56M), Czechia ($1.02M), and Chinese Taipei ($925k).

The fastest growing import markets in Woodworking machines for Colombia between 2021 and 2022 were Switzerland ($255k), San Marino ($95.6k), and Belgium ($86.6k).

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 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 (2022)$487k
IMPORTS (2022)$15.1M
NET TRADE (2022)-$14.6M

In 2022, Colombia exported $487k in Woodworking machines. The main destinations of Colombia exports on Woodworking machines were Uruguay ($94.3k), El Salvador ($89k), Costa Rica ($58.9k), Curaçao ($46.6k), and Panama ($45.8k).

In 2022, Colombia imported $15.1M in Woodworking machines, mainly from China ($4.52M), Italy ($2.68M), Germany ($2.56M), Czechia ($1.02M), and Chinese Taipei ($925k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Uruguay$94.3k (1%)
Curaçao$42.1k (935%)
Panama$40.6k (791%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Colombia WERE (2021 - 2022):
Barbados-$31.7k (-72.4%)
Venezuela-$21.3k (-100%)
Peru-$5.73k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, 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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