2022
Exports
$21MWorld Rnk 41 / 152
Flag Rnk 157 / 1142
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$109MWorld Rnk 40 / 217
Flag Rnk 145 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $21M in Buses, making it the 41st largest exporter of Buses in the world. At the same year, Buses was the 157th most exported product in Colombia. The main destination of Buses exports from Colombia are: Mexico ($12.3M), Cuba ($6.73M), Peru ($884k), Senegal ($384k), and South Africa ($350k).

The fastest growing export markets for Buses of Colombia between 2021 and 2022 were Cuba ($6.73M), Mexico ($3.23M), and Peru ($884k).

Imports In 2022, Colombia imported $109M in Buses, becoming the 40th largest importer of Buses in the world. At the same year, Buses was the 145th most imported product in Colombia. Colombia imports Buses primarily from: China ($87.6M), Italy ($8.4M), Germany ($6.98M), Japan ($2.14M), and Brazil ($1.78M).

The fastest growing import markets in Buses for Colombia between 2021 and 2022 were China ($33.2M), Italy ($8.06M), and Germany ($5.02M).

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 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 (2022)$21M
IMPORTS (2022)$109M
NET TRADE (2022)-$87.6M

In 2022, Colombia exported $21M in Buses. The main destinations of Colombia exports on Buses were Mexico ($12.3M), Cuba ($6.73M), Peru ($884k), Senegal ($384k), and South Africa ($350k).

In 2022, Colombia imported $109M in Buses, mainly from China ($87.6M), Italy ($8.4M), Germany ($6.98M), Japan ($2.14M), and Brazil ($1.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Cuba$6.73M (1%)
Mexico$3.23M (35.6%)
Peru$884k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Colombia WERE (2021 - 2022):Panama-$11 (-0.022%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, 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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