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2023
Exports $2.5kWorld Rnk 89 / 104
Flag Rnk 1078 / 1150
2023
Destination $2k United States
2022 - 2023
FASTEST GROWING MARKET $2kUnited States
2023
PRODUCT COMPLEXITY IN Wool-2.02Rnk 1001 / 1025
2023
Imports $6kWorld Rnk 97 / 132
Flag Rnk 1172 / 1192
2023
Origin $6k United States
2022 - 2023
FASTEST GROWING ORIGIN $6kUnited States
2023
ECONOMIC COMPLEXITY of Colombia0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $2.5k in Wool, making it the 89th largest exporter of Wool in the world. At the same year, Wool was the 1078th most exported product in Colombia. The main destination of Wool exports from Colombia are: United States ($2k) and Jamaica ($503).

The fastest growing export markets for Wool of Colombia between 2022 and 2023 were United States ($2k) and Jamaica ($60).

Imports In 2023, Colombia imported $6k in Wool, becoming the 97th largest importer of Wool in the world. At the same year, Wool was the 1172nd most imported product in Colombia. Colombia imports Wool primarily from: United States ($6k).

The fastest growing import markets in Wool for Colombia between N/A and 2023 were United States ($6k).

Latest Trends

Dec 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 Wool. 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)$2.5k
IMPORTS (2023)$6k
NET TRADE (2023)-$3.5k

In 2023, Colombia exported $2.5k in Wool. The main destinations of Colombia exports on Wool were United States ($2k) and Jamaica ($503).

In 2023, Colombia imported $6k in Wool, mainly from United States ($6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$2k (1%)
Jamaica$60 (13.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Wool were:
Australia $1.99B
South Africa $312M
New Zealand $281M
In 2023, Colombia's main importing competitors in Wool were:
China $2.02B
India $255M
Italy $209M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $736
TOP IMPORT POTENTIALAustralia+ $431

Wool’s highest export potential is China. With an export gap of $736.   Wool’s highest import potential is Australia with an import gap of $431.

See methodology.

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