2023
Exports
$33.8MWorld Rnk 31 / 175
Flag Rnk 107 / 1150
2023
PRODUCT COMPLEXITY IN Bandages
0.86Rnk 224 / 1025
2023
Imports
$75.6MWorld Rnk 29 / 221
Flag Rnk 171 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $33.8M in Bandages, making it the 31st largest exporter of Bandages in the world. At the same year, Bandages was the 107th most exported product in Colombia. The main destination of Bandages exports from Colombia are: United States ($9.51M), Mexico ($4.06M), Ecuador ($3.57M), Netherlands ($3.24M), and Argentina ($2.55M).

The fastest growing export markets for Bandages of Colombia between 2022 and 2023 were United States ($7.71M), Ecuador ($736k), and Panama ($332k).

Imports In 2023, Colombia imported $75.6M in Bandages, becoming the 29th largest importer of Bandages in the world. At the same year, Bandages was the 171st most imported product in Colombia. Colombia imports Bandages primarily from: China ($22.1M), United States ($20.5M), Netherlands ($11M), United Kingdom ($6.32M), and Mexico ($4.87M).

The fastest growing import markets in Bandages for Colombia between 2022 and 2023 were Netherlands ($5.39M), Mexico ($1.97M), and United States ($1.86M).

Latest Trends

Jan 2025

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 (2023)$33.8M
IMPORTS (2023)$75.6M
NET TRADE (2023)-$41.8M

In 2023, Colombia exported $33.8M in Bandages. The main destinations of Colombia exports on Bandages were United States ($9.51M), Mexico ($4.06M), Ecuador ($3.57M), Netherlands ($3.24M), and Argentina ($2.55M).

In 2023, Colombia imported $75.6M in Bandages, mainly from China ($22.1M), United States ($20.5M), Netherlands ($11M), United Kingdom ($6.32M), and Mexico ($4.87M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$7.71M (427%)
Ecuador$736k (26%)
Panama$332k (56.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Colombia WERE (2022 - 2023):
Mexico-$1.5M (-27%)
Indonesia-$738k (-33.7%)
Peru-$220k (-18.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Bandages were:
In 2023, 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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