2022
Exports
$25.3MWorld Rnk 64 / 223
Flag Rnk 137 / 1142
2022
PRODUCT COMPLEXITY IN Centrifuges
1.1Rnk 136 / 1025
2022
Imports
$288MWorld Rnk 50 / 226
Flag Rnk 47 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $25.3M in Centrifuges, making it the 64th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 137th most exported product in Colombia. The main destination of Centrifuges exports from Colombia are: Mexico ($6.47M), United States ($4.25M), Ecuador ($2.54M), Venezuela ($1.37M), and Brazil ($1.13M).

The fastest growing export markets for Centrifuges of Colombia between 2021 and 2022 were United States ($2.49M), Mexico ($1.28M), and Venezuela ($814k).

Imports In 2022, Colombia imported $288M in Centrifuges, becoming the 50th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 47th most imported product in Colombia. Colombia imports Centrifuges primarily from: United States ($87.5M), China ($65.8M), Germany ($28.4M), Mexico ($24.8M), and Brazil ($11.3M).

The fastest growing import markets in Centrifuges for Colombia between 2021 and 2022 were China ($17.4M), Mexico ($4.99M), and Brazil ($3.83M).

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 Centrifuges. 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)$25.3M
IMPORTS (2022)$288M
NET TRADE (2022)-$263M

In 2022, Colombia exported $25.3M in Centrifuges. The main destinations of Colombia exports on Centrifuges were Mexico ($6.47M), United States ($4.25M), Ecuador ($2.54M), Venezuela ($1.37M), and Brazil ($1.13M).

In 2022, Colombia imported $288M in Centrifuges, mainly from United States ($87.5M), China ($65.8M), Germany ($28.4M), Mexico ($24.8M), and Brazil ($11.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$2.49M (142%)
Mexico$1.28M (24.7%)
Venezuela$814k (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Colombia WERE (2021 - 2022):
Ecuador-$682k (-21.2%)
Haiti-$404k (-87.6%)
Panama-$351k (-38.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.98M
TOP IMPORT POTENTIALChina+ $23.5M

Centrifuges’s highest export potential is United States. With an export gap of $5.98M.   Centrifuges’s highest import potential is China with an import gap of $23.5M.

See methodology.

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