2023
Exports
$74.3MWorld Rnk 30 / 136
Flag Rnk 62 / 1150
2023
PRODUCT COMPLEXITY IN Frozen Bovine Meat
-1.1Rnk 854 / 1025
2023
Imports
$35.6MWorld Rnk 60 / 225
Flag Rnk 280 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $74.3M in Frozen Bovine Meat, making it the 30th largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 62nd most exported product in Colombia. The main destination of Frozen Bovine Meat exports from Colombia are: Russia ($48.1M), Egypt ($9.59M), Libya ($4.01M), Chile ($2.79M), and Curaçao ($1.69M).

The fastest growing export markets for Frozen Bovine Meat of Colombia between 2022 and 2023 were Chile ($1.22M), United Arab Emirates ($654k), and Iraq ($514k).

Imports In 2023, Colombia imported $35.6M in Frozen Bovine Meat, becoming the 60th largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 280th most imported product in Colombia. Colombia imports Frozen Bovine Meat primarily from: United States ($24.9M), Chile ($9.43M), Uruguay ($553k), Argentina ($511k), and Paraguay ($247k).

The fastest growing import markets in Frozen Bovine Meat for Colombia between 2022 and 2023 were Chile ($6.84M) and Uruguay ($466k).

COMPANIES In 2024, leading companies such as JBS Foods (9) were at the forefront of shipping Frozen Bovine Meat from Colombia to the United States.

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 Frozen Bovine Meat. 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)$74.3M
IMPORTS (2023)$35.6M
NET TRADE (2023)$38.7M

In 2023, Colombia exported $74.3M in Frozen Bovine Meat. The main destinations of Colombia exports on Frozen Bovine Meat were Russia ($48.1M), Egypt ($9.59M), Libya ($4.01M), Chile ($2.79M), and Curaçao ($1.69M).

In 2023, Colombia imported $35.6M in Frozen Bovine Meat, mainly from United States ($24.9M), Chile ($9.43M), Uruguay ($553k), Argentina ($511k), and Paraguay ($247k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Chile$1.22M (78.1%)
Iraq$514k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Colombia WERE (2022 - 2023):
Russia-$34.5M (-41.8%)
Libya-$5.02M (-55.6%)
Saudi Arabia-$2.78M (-63.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Frozen Bovine Meat were:
In 2023, Colombia's main importing competitors in Frozen Bovine Meat were:

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Trade Value of Frozen Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEgypt+ $2.61M
TOP IMPORT POTENTIALArgentina+ $1.48M

Frozen Bovine Meat’s highest export potential is Egypt. With an export gap of $2.61M.   Frozen Bovine Meat’s highest import potential is Argentina with an import gap of $1.48M.

See methodology.

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