2023
Exports
$4.44MWorld Rnk 53 / 179
Flag Rnk 356 / 1150
2023
PRODUCT COMPLEXITY IN Combustion Engines
1.16Rnk 119 / 1025
2023
Imports
$47.7MWorld Rnk 58 / 219
Flag Rnk 241 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $4.44M in Combustion Engines, making it the 53rd largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 356th most exported product in Colombia. The main destination of Combustion Engines exports from Colombia are: United States ($3.32M), France ($321k), Venezuela ($209k), Spain ($155k), and Belgium ($97.2k).

The fastest growing export markets for Combustion Engines of Colombia between 2022 and 2023 were France ($276k), Venezuela ($209k), and United States ($78.4k).

Imports In 2023, Colombia imported $47.7M in Combustion Engines, becoming the 58th largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 241st most imported product in Colombia. Colombia imports Combustion Engines primarily from: United States ($23M), China ($9.34M), Brazil ($2.82M), Japan ($2.51M), and Germany ($2.35M).

The fastest growing import markets in Combustion Engines for Colombia between 2022 and 2023 were Brazil ($803k), Spain ($636k), and India ($547k).

Latest Trends

Jan 2025

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 Combustion Engines. 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 (2023)$4.44M
IMPORTS (2023)$47.7M
NET TRADE (2023)-$43.3M

In 2023, Colombia exported $4.44M in Combustion Engines. The main destinations of Colombia exports on Combustion Engines were United States ($3.32M), France ($321k), Venezuela ($209k), Spain ($155k), and Belgium ($97.2k).

In 2023, Colombia imported $47.7M in Combustion Engines, mainly from United States ($23M), China ($9.34M), Brazil ($2.82M), Japan ($2.51M), and Germany ($2.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
France$276k (604%)
Venezuela$209k (1%)
United States$78.4k (2.42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Colombia WERE (2022 - 2023):
Dominican Republic-$353k (-86.6%)
Belgium-$91.9k (-48.6%)
Ecuador-$43.6k (-95.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Combustion Engines were:
In 2023, Colombia's main importing competitors in Combustion Engines were:

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.66M
TOP IMPORT POTENTIALUnited States+ $6.43M

Combustion Engines’s highest export potential is United States. With an export gap of $2.66M.   Combustion Engines’s highest import potential is United States with an import gap of $6.43M.

See methodology.

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