2023
Exports
$7.67MWorld Rnk 38 / 185
Flag Rnk 275 / 1150
2023
PRODUCT COMPLEXITY IN Cutting Blades
1.39Rnk 64 / 1025
2023
Imports
$14.4MWorld Rnk 48 / 221
Flag Rnk 439 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $7.67M in Cutting Blades, making it the 38th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 275th most exported product in Colombia. The main destination of Cutting Blades exports from Colombia are: Guatemala ($1.69M), Ecuador ($1.26M), Brazil ($1.23M), Peru ($904k), and Venezuela ($338k).

The fastest growing export markets for Cutting Blades of Colombia between 2022 and 2023 were Brazil ($399k), Bolivia ($256k), and Venezuela ($171k).

Imports In 2023, Colombia imported $14.4M in Cutting Blades, becoming the 48th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 439th most imported product in Colombia. Colombia imports Cutting Blades primarily from: United States ($2.33M), Germany ($2.23M), China ($2.14M), Switzerland ($1.44M), and Italy ($1.31M).

The fastest growing import markets in Cutting Blades for Colombia between 2022 and 2023 were France ($287k), Germany ($135k), and Czechia ($109k).

Latest Trends

Dec 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 Cutting Blades. 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)$7.67M
IMPORTS (2023)$14.4M
NET TRADE (2023)-$6.71M

In 2023, Colombia exported $7.67M in Cutting Blades. The main destinations of Colombia exports on Cutting Blades were Guatemala ($1.69M), Ecuador ($1.26M), Brazil ($1.23M), Peru ($904k), and Venezuela ($338k).

In 2023, Colombia imported $14.4M in Cutting Blades, mainly from United States ($2.33M), Germany ($2.23M), China ($2.14M), Switzerland ($1.44M), and Italy ($1.31M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Brazil$399k (47.8%)
Bolivia$256k (394%)
Venezuela$171k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Colombia WERE (2022 - 2023):
France-$369k (-56.5%)
Peru-$224k (-19.9%)
Ecuador-$176k (-12.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Cutting Blades were:
In 2023, Colombia's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $482k
TOP IMPORT POTENTIALChina+ $1.02M

Cutting Blades’s highest export potential is United States. With an export gap of $482k.   Cutting Blades’s highest import potential is China with an import gap of $1.02M.

See methodology.

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