2022
Exports
$138MWorld Rnk 50 / 210
Flag Rnk 35 / 1142
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$91.3MWorld Rnk 69 / 226
Flag Rnk 169 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $138M in Baked Goods, making it the 50th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 35th most exported product in Colombia. The main destination of Baked Goods exports from Colombia are: United States ($39.8M), Ecuador ($26.6M), Venezuela ($13.9M), Haiti ($7.15M), and Peru ($6.58M).

The fastest growing export markets for Baked Goods of Colombia between 2021 and 2022 were Venezuela ($11.2M), United States ($7.4M), and Ecuador ($7.15M).

Imports In 2022, Colombia imported $91.3M in Baked Goods, becoming the 69th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 169th most imported product in Colombia. Colombia imports Baked Goods primarily from: Peru ($42.2M), Turkey ($10.2M), Mexico ($7.29M), Spain ($5.87M), and United States ($5.57M).

The fastest growing import markets in Baked Goods for Colombia between 2021 and 2022 were Peru ($13.8M), Mexico ($5.99M), and Argentina ($1.41M).

Latest Trends

Apr 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 Baked Goods. 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)$138M
IMPORTS (2022)$91.3M
NET TRADE (2022)$46.2M

In 2022, Colombia exported $138M in Baked Goods. The main destinations of Colombia exports on Baked Goods were United States ($39.8M), Ecuador ($26.6M), Venezuela ($13.9M), Haiti ($7.15M), and Peru ($6.58M).

In 2022, Colombia imported $91.3M in Baked Goods, mainly from Peru ($42.2M), Turkey ($10.2M), Mexico ($7.29M), Spain ($5.87M), and United States ($5.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$11.2M (419%)
United States$7.4M (22.8%)
Ecuador$7.15M (36.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Colombia WERE (2021 - 2022):
Haiti-$1.89M (-20.9%)
Cuba-$831k (-48.5%)
Portugal-$418k (-71.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Colombia's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

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