2023
Exports
$10.4BWorld Rnk 5 / 126
Flag Rnk 2 / 1150
2023
PRODUCT COMPLEXITY IN Coal Briquettes
-1.74Rnk 977 / 1025
2023
Imports
$37MWorld Rnk 81 / 182
Flag Rnk 273 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $10.4B in Coal Briquettes, making it the 5th largest exporter of Coal Briquettes in the world. At the same year, Coal Briquettes was the 2nd most exported product in Colombia. The main destination of Coal Briquettes exports from Colombia are: Poland ($1.64B), Netherlands ($1.62B), Turkey ($681M), Mexico ($575M), and South Korea ($553M).

The fastest growing export markets for Coal Briquettes of Colombia between 2022 and 2023 were Poland ($714M), China ($401M), and Mexico ($282M).

Imports In 2023, Colombia imported $37M in Coal Briquettes, becoming the 81st largest importer of Coal Briquettes in the world. At the same year, Coal Briquettes was the 273rd most imported product in Colombia. Colombia imports Coal Briquettes primarily from: United Kingdom ($29.8M), Venezuela ($6.69M), Peru ($434k), Russia ($28.4k), and United States ($15k).

The fastest growing import markets in Coal Briquettes for Colombia between 2022 and 2023 were United Kingdom ($29.7M), Venezuela ($6.08M), and Peru ($297k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$10.4B
IMPORTS (2023)$37M
NET TRADE (2023)$10.4B

In 2023, Colombia exported $10.4B in Coal Briquettes. The main destinations of Colombia exports on Coal Briquettes were Poland ($1.64B), Netherlands ($1.62B), Turkey ($681M), Mexico ($575M), and South Korea ($553M).

In 2023, Colombia imported $37M in Coal Briquettes, mainly from United Kingdom ($29.8M), Venezuela ($6.69M), Peru ($434k), Russia ($28.4k), and United States ($15k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coal Briquettes EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Poland$714M (77.4%)
China$401M (662%)
Mexico$282M (96.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Briquettes BY Colombia WERE (2022 - 2023):
Turkey-$1.21B (-64%)
Netherlands-$1.14B (-41.4%)
Israel-$584M (-56.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Colombia's main exporting competitors in Coal Briquettes were:
In 2023, Colombia's main importing competitors in Coal Briquettes were:
China $40.3B
Japan $36.5B

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Trade Value of Coal Briquettes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $282M
TOP IMPORT POTENTIALPeru+ $190k

Coal Briquettes’s highest export potential is Japan. With an export gap of $282M.   Coal Briquettes’s highest import potential is Peru with an import gap of $190k.

See methodology.

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