2022
Exports
$432MWorld Rnk 9 / 186
Flag Rnk 15 / 1142
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$43.5MWorld Rnk 53 / 221
Flag Rnk 286 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $432M in Coffee and Tea Extracts, making it the 9th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 15th most exported product in Colombia. The main destination of Coffee and Tea Extracts exports from Colombia are: United States ($186M), Mexico ($46.8M), Japan ($44.3M), Germany ($22.9M), and Ecuador ($20.2M).

The fastest growing export markets for Coffee and Tea Extracts of Colombia between 2021 and 2022 were United States ($76.2M), Mexico ($16.2M), and Japan ($12.2M).

Imports In 2022, Colombia imported $43.5M in Coffee and Tea Extracts, becoming the 53rd largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 286th most imported product in Colombia. Colombia imports Coffee and Tea Extracts primarily from: Brazil ($17.3M), Ecuador ($6.6M), Malaysia ($4.9M), Mexico ($4.74M), and United States ($3.3M).

The fastest growing import markets in Coffee and Tea Extracts for Colombia between 2021 and 2022 were Brazil ($7.13M), Ecuador ($3.8M), and Mexico ($1.97M).

Latest Trends

Oct 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 Coffee and Tea Extracts. 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)$432M
IMPORTS (2022)$43.5M
NET TRADE (2022)$388M

In 2022, Colombia exported $432M in Coffee and Tea Extracts. The main destinations of Colombia exports on Coffee and Tea Extracts were United States ($186M), Mexico ($46.8M), Japan ($44.3M), Germany ($22.9M), and Ecuador ($20.2M).

In 2022, Colombia imported $43.5M in Coffee and Tea Extracts, mainly from Brazil ($17.3M), Ecuador ($6.6M), Malaysia ($4.9M), Mexico ($4.74M), and United States ($3.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$76.2M (69.4%)
Mexico$16.2M (52.8%)
Japan$12.2M (38.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Colombia WERE (2021 - 2022):
Russia-$5.75M (-94.8%)
Canada-$3.83M (-51.2%)
Poland-$2.83M (-45%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Coffee and Tea Extracts were:
In 2022, Colombia's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.66M
TOP IMPORT POTENTIALBrazil+ $3.21M

Coffee and Tea Extracts’s highest export potential is China. With an export gap of $6.66M.   Coffee and Tea Extracts’s highest import potential is Brazil with an import gap of $3.21M.

See methodology.

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