2022
Exports
$22.6MWorld Rnk 66 / 192
Flag Rnk 150 / 1142
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$147MWorld Rnk 65 / 207
Flag Rnk 108 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $22.6M in Gas Turbines, making it the 66th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 150th most exported product in Colombia. The main destination of Gas Turbines exports from Colombia are: United States ($18.4M), Croatia ($2.47M), Chile ($510k), United Kingdom ($301k), and Canada ($265k).

The fastest growing export markets for Gas Turbines of Colombia between 2021 and 2022 were United States ($12.7M), Croatia ($2.47M), and United Kingdom ($301k).

Imports In 2022, Colombia imported $147M in Gas Turbines, becoming the 65th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 108th most imported product in Colombia. Colombia imports Gas Turbines primarily from: United States ($37.2M), Brazil ($23.9M), France ($22.9M), United Kingdom ($16.1M), and Israel ($9.5M).

The fastest growing import markets in Gas Turbines for Colombia between 2021 and 2022 were Brazil ($23.5M), France ($11.2M), and United Kingdom ($10.4M).

Latest Trends

Oct 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 Gas Turbines. 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)$22.6M
IMPORTS (2022)$147M
NET TRADE (2022)-$125M

In 2022, Colombia exported $22.6M in Gas Turbines. The main destinations of Colombia exports on Gas Turbines were United States ($18.4M), Croatia ($2.47M), Chile ($510k), United Kingdom ($301k), and Canada ($265k).

In 2022, Colombia imported $147M in Gas Turbines, mainly from United States ($37.2M), Brazil ($23.9M), France ($22.9M), United Kingdom ($16.1M), and Israel ($9.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$12.7M (221%)
Croatia$2.47M (1%)
United Kingdom$301k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Colombia WERE (2021 - 2022):
Thailand-$7.95M (-100%)
Israel-$2.03M (-100%)
Switzerland-$1.05M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Gas Turbines were:
In 2022, Colombia's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.1M
TOP IMPORT POTENTIALUnited States+ $20.8M

Gas Turbines’s highest export potential is United States. With an export gap of $14.1M.   Gas Turbines’s highest import potential is United States with an import gap of $20.8M.

See methodology.

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