2022
Exports
$271kWorld Rnk 80 / 118
Flag Rnk 742 / 1142
2022
PRODUCT COMPLEXITY IN Fish oil
-1.83Rnk 985 / 1025
2022
Imports
$12.9MWorld Rnk 35 / 171
Flag Rnk 504 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $271k in Fish oil, making it the 80th largest exporter of Fish oil in the world. At the same year, Fish oil was the 742nd most exported product in Colombia. The main destination of Fish oil exports from Colombia are: United States ($178k), China ($78.7k), Canada ($9.65k), Dominican Republic ($2.46k), and Chile ($1.93k).

The fastest growing export markets for Fish oil of Colombia between 2021 and 2022 were United States ($134k), China ($78.7k), and Dominican Republic ($2.46k).

Imports In 2022, Colombia imported $12.9M in Fish oil, becoming the 35th largest importer of Fish oil in the world. At the same year, Fish oil was the 504th most imported product in Colombia. Colombia imports Fish oil primarily from: Turkey ($2.93M), Ecuador ($2.52M), Peru ($1.89M), Morocco ($1.68M), and Chile ($941k).

The fastest growing import markets in Fish oil for Colombia between 2021 and 2022 were Turkey ($1.13M), Ecuador ($712k), and Morocco ($568k).

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 Fish oil. 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)$271k
IMPORTS (2022)$12.9M
NET TRADE (2022)-$12.7M

In 2022, Colombia exported $271k in Fish oil. The main destinations of Colombia exports on Fish oil were United States ($178k), China ($78.7k), Canada ($9.65k), Dominican Republic ($2.46k), and Chile ($1.93k).

In 2022, Colombia imported $12.9M in Fish oil, mainly from Turkey ($2.93M), Ecuador ($2.52M), Peru ($1.89M), Morocco ($1.68M), and Chile ($941k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$134k (302%)
China$78.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Colombia WERE (2021 - 2022):
Canada-$155k (-94.1%)
Australia-$132k (-100%)
Ecuador-$15.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Fish oil were:
Peru $556M
Chile $249M
In 2022, Colombia's main importing competitors in Fish oil were:

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Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $129k
TOP IMPORT POTENTIALPeru+ $1.61M

Fish oil’s highest export potential is United States. With an export gap of $129k.   Fish oil’s highest import potential is Peru with an import gap of $1.61M.

See methodology.

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