2022
Exports
$157MWorld Rnk 7 / 154
Flag Rnk 31 / 1142
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$10.4MWorld Rnk 53 / 212
Flag Rnk 553 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $157M in Coconut Oil, making it the 7th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 31st most exported product in Colombia. The main destination of Coconut Oil exports from Colombia are: Netherlands ($56.2M), Mexico ($37.6M), Brazil ($15.6M), Argentina ($12.4M), and Germany ($7.89M).

The fastest growing export markets for Coconut Oil of Colombia between 2021 and 2022 were Netherlands ($42M), Mexico ($13.3M), and Brazil ($6.32M).

Imports In 2022, Colombia imported $10.4M in Coconut Oil, becoming the 53rd largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 553rd most imported product in Colombia. Colombia imports Coconut Oil primarily from: Venezuela ($3.11M), Ecuador ($2.52M), Mexico ($2.37M), United States ($573k), and Philippines ($410k).

The fastest growing import markets in Coconut Oil for Colombia between 2021 and 2022 were Mexico ($1.53M), Ecuador ($471k), and Peru ($381k).

Latest Trends

Aug 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 Coconut Oil. 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)$157M
IMPORTS (2022)$10.4M
NET TRADE (2022)$146M

In 2022, Colombia exported $157M in Coconut Oil. The main destinations of Colombia exports on Coconut Oil were Netherlands ($56.2M), Mexico ($37.6M), Brazil ($15.6M), Argentina ($12.4M), and Germany ($7.89M).

In 2022, Colombia imported $10.4M in Coconut Oil, mainly from Venezuela ($3.11M), Ecuador ($2.52M), Mexico ($2.37M), United States ($573k), and Philippines ($410k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Netherlands$42M (296%)
Mexico$13.3M (54.9%)
Brazil$6.32M (68.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Colombia WERE (2021 - 2022):
Italy-$12M (-66%)
Spain-$4.48M (-38.4%)
Chile-$2.83M (-59.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $6.97M
TOP IMPORT POTENTIALPhilippines+ $562k

Coconut Oil’s highest export potential is Brazil. With an export gap of $6.97M.   Coconut Oil’s highest import potential is Philippines with an import gap of $562k.

See methodology.

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