2022
Exports
$28.7MWorld Rnk 36 / 177
Flag Rnk 121 / 1142
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$52.2MWorld Rnk 36 / 221
Flag Rnk 252 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $28.7M in Bandages, making it the 36th largest exporter of Bandages in the world. At the same year, Bandages was the 121st most exported product in Colombia. The main destination of Bandages exports from Colombia are: Mexico ($6.07M), Ecuador ($3.56M), Netherlands ($3.25M), Argentina ($2.7M), and Indonesia ($2.19M).

The fastest growing export markets for Bandages of Colombia between 2021 and 2022 were Mexico ($2.11M), Indonesia ($1.06M), and Argentina ($715k).

Imports In 2022, Colombia imported $52.2M in Bandages, becoming the 36th largest importer of Bandages in the world. At the same year, Bandages was the 252nd most imported product in Colombia. Colombia imports Bandages primarily from: China ($19M), United States ($12.9M), Netherlands ($5.62M), United Kingdom ($4.74M), and Mexico ($2.91M).

The fastest growing import markets in Bandages for Colombia between 2021 and 2022 were China ($4.19M), United Kingdom ($1.68M), and Mexico ($1.3M).

Latest Trends

Oct 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 Bandages. 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)$28.7M
IMPORTS (2022)$52.2M
NET TRADE (2022)-$23.5M

In 2022, Colombia exported $28.7M in Bandages. The main destinations of Colombia exports on Bandages were Mexico ($6.07M), Ecuador ($3.56M), Netherlands ($3.25M), Argentina ($2.7M), and Indonesia ($2.19M).

In 2022, Colombia imported $52.2M in Bandages, mainly from China ($19M), United States ($12.9M), Netherlands ($5.62M), United Kingdom ($4.74M), and Mexico ($2.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Mexico$2.11M (53.3%)
Indonesia$1.06M (93.2%)
Argentina$715k (36.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Colombia WERE (2021 - 2022):
United States-$680k (-27.6%)
Germany-$355k (-34.1%)
Australia-$349k (-66.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Bandages were:
In 2022, Colombia's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.66M
TOP IMPORT POTENTIALChina+ $3.72M

Bandages’s highest export potential is United States. With an export gap of $2.66M.   Bandages’s highest import potential is China with an import gap of $3.72M.

See methodology.

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