2022
Exports
$6.61MWorld Rnk 59 / 124
Flag Rnk 287 / 1142
2022
PRODUCT COMPLEXITY IN Cold-Rolled Iron
0.081Rnk 526 / 1025
2022
Imports
$107MWorld Rnk 39 / 203
Flag Rnk 152 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $6.61M in Cold-Rolled Iron, making it the 59th largest exporter of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 287th most exported product in Colombia. The main destination of Cold-Rolled Iron exports from Colombia are: Venezuela ($6.34M), Costa Rica ($244k), Ecuador ($20.2k), Chile ($5.12k), and Dominican Republic ($3.26k).

The fastest growing export markets for Cold-Rolled Iron of Colombia between 2021 and 2022 were Venezuela ($5.91M), Dominican Republic ($3.26k), and Bolivia ($3.15k).

Imports In 2022, Colombia imported $107M in Cold-Rolled Iron, becoming the 39th largest importer of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 152nd most imported product in Colombia. Colombia imports Cold-Rolled Iron primarily from: China ($57.9M), South Korea ($18.7M), Mexico ($17M), Brazil ($6.12M), and Costa Rica ($3.31M).

The fastest growing import markets in Cold-Rolled Iron for Colombia between 2021 and 2022 were Mexico ($17M), South Korea ($16.3M), and Costa Rica ($3.18M).

Latest Trends

Jul 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 Cold-Rolled Iron. 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)$6.61M
IMPORTS (2022)$107M
NET TRADE (2022)-$101M

In 2022, Colombia exported $6.61M in Cold-Rolled Iron. The main destinations of Colombia exports on Cold-Rolled Iron were Venezuela ($6.34M), Costa Rica ($244k), Ecuador ($20.2k), Chile ($5.12k), and Dominican Republic ($3.26k).

In 2022, Colombia imported $107M in Cold-Rolled Iron, mainly from China ($57.9M), South Korea ($18.7M), Mexico ($17M), Brazil ($6.12M), and Costa Rica ($3.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cold-Rolled Iron EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$5.91M (1.38k%)
Bolivia$3.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cold-Rolled Iron BY Colombia WERE (2021 - 2022):
Brazil-$2.68M (-100%)
Ecuador-$122k (-85.9%)
Costa Rica-$80.5k (-24.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Cold-Rolled Iron were:
China $2.87B
Japan $1.62B
In 2022, Colombia's main importing competitors in Cold-Rolled Iron were:

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Trade Value of Cold-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCosta Rica+ $171k
TOP IMPORT POTENTIALBrazil+ $2.84M

Cold-Rolled Iron’s highest export potential is Costa Rica. With an export gap of $171k.   Cold-Rolled Iron’s highest import potential is Brazil with an import gap of $2.84M.

See methodology.

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