2022
Exports
$3.78MWorld Rnk 75 / 216
Flag Rnk 370 / 1142
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$162MWorld Rnk 49 / 226
Flag Rnk 100 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $3.78M in Electric Motors, making it the 75th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 370th most exported product in Colombia. The main destination of Electric Motors exports from Colombia are: United States ($1.12M), Ecuador ($805k), Peru ($247k), Brazil ($199k), and Dominican Republic ($151k).

The fastest growing export markets for Electric Motors of Colombia between 2021 and 2022 were Ecuador ($178k), Brazil ($173k), and Guyana ($91.1k).

Imports In 2022, Colombia imported $162M in Electric Motors, becoming the 49th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 100th most imported product in Colombia. Colombia imports Electric Motors primarily from: China ($72.4M), Brazil ($29.1M), United States ($15.3M), Vietnam ($8.53M), and Russia ($7.2M).

The fastest growing import markets in Electric Motors for Colombia between 2021 and 2022 were China ($11.3M), Brazil ($8.86M), and Russia ($3.54M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Electric Motors. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.78M
IMPORTS (2022)$162M
NET TRADE (2022)-$159M

In 2022, Colombia exported $3.78M in Electric Motors. The main destinations of Colombia exports on Electric Motors were United States ($1.12M), Ecuador ($805k), Peru ($247k), Brazil ($199k), and Dominican Republic ($151k).

In 2022, Colombia imported $162M in Electric Motors, mainly from China ($72.4M), Brazil ($29.1M), United States ($15.3M), Vietnam ($8.53M), and Russia ($7.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$178k (28.3%)
Brazil$173k (654%)
Guyana$91.1k (2.86k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Colombia WERE (2021 - 2022):
United States-$1.65M (-59.6%)
Egypt-$151k (-100%)
Guatemala-$121k (-53.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Colombia's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Colombia's main importing competitors in Electric Motors were:

Explore Visualizations

Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.88M
TOP IMPORT POTENTIALChina+ $21.3M

Electric Motors’s highest export potential is United States. With an export gap of $1.88M.   Electric Motors’s highest import potential is China with an import gap of $21.3M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with