2023
Exports
$7.47MWorld Rnk 56 / 158
Flag Rnk 282 / 1150
2023
PRODUCT COMPLEXITY IN Aluminium Foil
0.67Rnk 299 / 1025
2023
Imports
$49.8MWorld Rnk 54 / 221
Flag Rnk 230 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $7.47M in Aluminium Foil, making it the 56th largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 282nd most exported product in Colombia. The main destination of Aluminium Foil exports from Colombia are: United States ($3.65M), Panama ($901k), Peru ($743k), Ecuador ($680k), and Costa Rica ($437k).

The fastest growing export markets for Aluminium Foil of Colombia between 2022 and 2023 were United States ($802k), Costa Rica ($118k), and Chile ($46.1k).

Imports In 2023, Colombia imported $49.8M in Aluminium Foil, becoming the 54th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 230th most imported product in Colombia. Colombia imports Aluminium Foil primarily from: China ($29.5M), Brazil ($4.65M), Italy ($4.44M), Austria ($2.5M), and France ($2.24M).

The fastest growing import markets in Aluminium Foil for Colombia between 2022 and 2023 were South Korea ($280k), United Kingdom ($121k), and Mexico ($97.9k).

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 Aluminium Foil. 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)$7.47M
IMPORTS (2023)$49.8M
NET TRADE (2023)-$42.4M

In 2023, Colombia exported $7.47M in Aluminium Foil. The main destinations of Colombia exports on Aluminium Foil were United States ($3.65M), Panama ($901k), Peru ($743k), Ecuador ($680k), and Costa Rica ($437k).

In 2023, Colombia imported $49.8M in Aluminium Foil, mainly from China ($29.5M), Brazil ($4.65M), Italy ($4.44M), Austria ($2.5M), and France ($2.24M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$802k (28.1%)
Costa Rica$118k (36.8%)
Chile$46.1k (5.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY Colombia WERE (2022 - 2023):
Dominican Republic-$791k (-90.6%)
Panama-$594k (-39.7%)
Bolivia-$295k (-98.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Aluminium Foil were:
China $4.87B
Germany $1.74B
Italy $789M
In 2023, Colombia's main importing competitors in Aluminium Foil were:

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Trade Value of Aluminium Foil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.23M
TOP IMPORT POTENTIALChina+ $4.43M

Aluminium Foil’s highest export potential is United States. With an export gap of $2.23M.   Aluminium Foil’s highest import potential is China with an import gap of $4.43M.

See methodology.

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