2022
Exports
$1.51MWorld Rnk 78 / 160
Flag Rnk 488 / 1142
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$2.02BWorld Rnk 10 / 212
Flag Rnk 4 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.51M in Corn, making it the 78th largest exporter of Corn in the world. At the same year, Corn was the 488th most exported product in Colombia. The main destination of Corn exports from Colombia are: Peru ($703k), Ecuador ($198k), Venezuela ($153k), Chile ($148k), and United States ($135k).

The fastest growing export markets for Corn of Colombia between 2021 and 2022 were Ecuador ($112k), Spain ($69k), and Curaçao ($16.5k).

Imports In 2022, Colombia imported $2.02B in Corn, becoming the 10th largest importer of Corn in the world. At the same year, Corn was the 4th most imported product in Colombia. Colombia imports Corn primarily from: United States ($1.04B), Brazil ($700M), Argentina ($262M), Paraguay ($7.74M), and Honduras ($5.66M).

The fastest growing import markets in Corn for Colombia between 2021 and 2022 were Brazil ($549M), Paraguay ($7.6M), and Argentina ($4.71M).

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 Corn. 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)$1.51M
IMPORTS (2022)$2.02B
NET TRADE (2022)-$2.02B

In 2022, Colombia exported $1.51M in Corn. The main destinations of Colombia exports on Corn were Peru ($703k), Ecuador ($198k), Venezuela ($153k), Chile ($148k), and United States ($135k).

In 2022, Colombia imported $2.02B in Corn, mainly from United States ($1.04B), Brazil ($700M), Argentina ($262M), Paraguay ($7.74M), and Honduras ($5.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$112k (130%)
Spain$69k (1%)
Curaçao$16.5k (381%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Colombia WERE (2021 - 2022):
Venezuela-$3.17M (-95.4%)
Panama-$198k (-85.6%)
Peru-$92.5k (-11.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Corn were:
In 2022, Colombia's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $570k
TOP IMPORT POTENTIALBrazil+ $47.7M

Corn’s highest export potential is Peru. With an export gap of $570k.   Corn’s highest import potential is Brazil with an import gap of $47.7M.

See methodology.

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