2022
Exports
$63.3kWorld Rnk 96 / 145
Flag Rnk 902 / 1142
2022
PRODUCT COMPLEXITY IN Buckwheat
-1.6Rnk 959 / 1025
2022
Imports
$8.55MWorld Rnk 31 / 210
Flag Rnk 593 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $63.3k in Buckwheat, making it the 96th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 902nd most exported product in Colombia. The main destination of Buckwheat exports from Colombia are: United States ($39.3k), Guatemala ($6.03k), Panama ($5.84k), Spain ($5.3k), and Venezuela ($4.04k).

The fastest growing export markets for Buckwheat of Colombia between 2021 and 2022 were United States ($39.3k), Venezuela ($3.14k), and Spain ($3k).

Imports In 2022, Colombia imported $8.55M in Buckwheat, becoming the 31st largest importer of Buckwheat in the world. At the same year, Buckwheat was the 593rd most imported product in Colombia. Colombia imports Buckwheat primarily from: Canada ($8.17M), United States ($215k), Peru ($71.6k), Bolivia ($70.8k), and India ($14.4k).

The fastest growing import markets in Buckwheat for Colombia between 2021 and 2022 were United States ($90.3k), Peru ($63.5k), and Spain ($12).

Latest Trends

Sep 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 Buckwheat. 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)$63.3k
IMPORTS (2022)$8.55M
NET TRADE (2022)-$8.49M

In 2022, Colombia exported $63.3k in Buckwheat. The main destinations of Colombia exports on Buckwheat were United States ($39.3k), Guatemala ($6.03k), Panama ($5.84k), Spain ($5.3k), and Venezuela ($4.04k).

In 2022, Colombia imported $8.55M in Buckwheat, mainly from Canada ($8.17M), United States ($215k), Peru ($71.6k), Bolivia ($70.8k), and India ($14.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$39.3k (1%)
Venezuela$3.14k (350%)
Spain$3k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Colombia WERE (2021 - 2022):
France-$50k (-100%)
Guatemala-$10.9k (-64.3%)
Costa Rica-$8.83k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.7k
TOP IMPORT POTENTIALUnited States+ $254k

Buckwheat’s highest export potential is United States. With an export gap of $40.7k.   Buckwheat’s highest import potential is United States with an import gap of $254k.

See methodology.

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