2023
Exports
$86.2MWorld Rnk 23 / 151
Flag Rnk 54 / 1150
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$15MWorld Rnk 119 / 212
Flag Rnk 433 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $86.2M in Buses, making it the 23rd largest exporter of Buses in the world. At the same year, Buses was the 54th most exported product in Colombia. The main destination of Buses exports from Colombia are: Mexico ($81.5M), Peru ($2.19M), Senegal ($1.2M), China ($502k), and Ecuador ($426k).

The fastest growing export markets for Buses of Colombia between 2022 and 2023 were Mexico ($69.2M), Peru ($1.29M), and Senegal ($801k).

Imports In 2023, Colombia imported $15M in Buses, becoming the 119th largest importer of Buses in the world. At the same year, Buses was the 433rd most imported product in Colombia. Colombia imports Buses primarily from: Germany ($9.64M), Brazil ($2.16M), China ($1.73M), Peru ($617k), and United States ($257k).

The fastest growing import markets in Buses for Colombia between 2022 and 2023 were Germany ($2.52M), Peru ($617k), and Russia ($67k).

Latest Trends

Dec 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 Buses. 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)$86.2M
IMPORTS (2023)$15M
NET TRADE (2023)$71.1M

In 2023, Colombia exported $86.2M in Buses. The main destinations of Colombia exports on Buses were Mexico ($81.5M), Peru ($2.19M), Senegal ($1.2M), China ($502k), and Ecuador ($426k).

In 2023, Colombia imported $15M in Buses, mainly from Germany ($9.64M), Brazil ($2.16M), China ($1.73M), Peru ($617k), and United States ($257k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Mexico$69.2M (564%)
Peru$1.29M (143%)
Senegal$801k (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Colombia WERE (2022 - 2023):
Cuba-$6.73M (-100%)
Chile-$321k (-100%)
South Africa-$135k (-38.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Colombia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $848k
TOP IMPORT POTENTIALJapan+ $2.42M

Buses’s highest export potential is Peru. With an export gap of $848k.   Buses’s highest import potential is Japan with an import gap of $2.42M.

See methodology.

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