2022
Exports
$26.4kWorld Rnk 40 / 70
Flag Rnk 975 / 1142
falsefalse Panama
2022
Imports
$2.65MWorld Rnk 26 / 128
Flag Rnk 799 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $26.4k in Borax, making it the 40th largest exporter of Borax in the world. At the same year, Borax was the 975th most exported product in Colombia. The main destination of Borax exports from Colombia are: Panama ($26.4k).

Imports In 2022, Colombia imported $2.65M in Borax, becoming the 26th largest importer of Borax in the world. At the same year, Borax was the 799th most imported product in Colombia. Colombia imports Borax primarily from: Bolivia ($1.42M), Turkey ($1.02M), Peru ($95.4k), Chile ($41.4k), and Brazil ($30k).

The fastest growing import markets in Borax for Colombia between 2021 and 2022 were Turkey ($253k), Chile ($41.4k), and Bolivia ($36.5k).

Latest Trends

Mar 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 Borax. 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)$26.4k
IMPORTS (2022)$2.65M
NET TRADE (2022)-$2.62M

In 2022, Colombia exported $26.4k in Borax. The main destinations of Colombia exports on Borax were Panama ($26.4k).

In 2022, Colombia imported $2.65M in Borax, mainly from Bolivia ($1.42M), Turkey ($1.02M), Peru ($95.4k), Chile ($41.4k), and Brazil ($30k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Colombia WERE (2021 - 2022):
Panama-$7.74k (-22.7%)
United States-$4.09k (-100%)
Ecuador-$2.32k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Borax were:
In 2022, Colombia's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

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