2022
Exports
$11MWorld Rnk 62 / 223
Flag Rnk 213 / 1142
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$215MWorld Rnk 40 / 224
Flag Rnk 65 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $11M in Engine Parts, making it the 62nd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 213th most exported product in Colombia. The main destination of Engine Parts exports from Colombia are: United States ($7.55M), Ecuador ($1.6M), Guatemala ($299k), Germany ($255k), and El Salvador ($194k).

The fastest growing export markets for Engine Parts of Colombia between 2021 and 2022 were United States ($2.2M), Germany ($228k), and Curaçao ($63.1k).

Imports In 2022, Colombia imported $215M in Engine Parts, becoming the 40th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 65th most imported product in Colombia. Colombia imports Engine Parts primarily from: United States ($63.2M), China ($54M), Japan ($18.6M), India ($16.8M), and Germany ($10.9M).

The fastest growing import markets in Engine Parts for Colombia between 2021 and 2022 were China ($16M), United States ($11.3M), and India ($4.25M).

Latest Trends

Sep 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 Engine Parts. 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)$11M
IMPORTS (2022)$215M
NET TRADE (2022)-$204M

In 2022, Colombia exported $11M in Engine Parts. The main destinations of Colombia exports on Engine Parts were United States ($7.55M), Ecuador ($1.6M), Guatemala ($299k), Germany ($255k), and El Salvador ($194k).

In 2022, Colombia imported $215M in Engine Parts, mainly from United States ($63.2M), China ($54M), Japan ($18.6M), India ($16.8M), and Germany ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$2.2M (41%)
Germany$228k (866%)
Curaçao$63.1k (4.85k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Colombia WERE (2021 - 2022):
Mexico-$202k (-68%)
United Kingdom-$130k (-86.3%)
Canada-$121k (-90.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, Colombia's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.31M
TOP IMPORT POTENTIALChina+ $16.3M

Engine Parts’s highest export potential is United States. With an export gap of $6.31M.   Engine Parts’s highest import potential is China with an import gap of $16.3M.

See methodology.

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