2023
Exports
$1.55MWorld Rnk 25 / 88
Flag Rnk 496 / 1150
falsefalse Mexico
2023
PRODUCT COMPLEXITY IN Gimp Yarn
0.57Rnk 339 / 1025
2023
Imports
$3.27MWorld Rnk 34 / 166
Flag Rnk 728 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $1.55M in Gimp Yarn, making it the 25th largest exporter of Gimp Yarn in the world. At the same year, Gimp Yarn was the 496th most exported product in Colombia. The main destination of Gimp Yarn exports from Colombia are: Mexico ($1.55M), Panama ($444), Ecuador ($260), and Costa Rica ($148).

Imports In 2023, Colombia imported $3.27M in Gimp Yarn, becoming the 34th largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 728th most imported product in Colombia. Colombia imports Gimp Yarn primarily from: Peru ($1.23M), China ($832k), Italy ($510k), Indonesia ($165k), and France ($158k).

The fastest growing import markets in Gimp Yarn for Colombia between 2022 and 2023 were Indonesia ($21.2k), Turkey ($19.2k), and Brazil ($5.96k).

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 Gimp Yarn. 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)$1.55M
IMPORTS (2023)$3.27M
NET TRADE (2023)-$1.72M

In 2023, Colombia exported $1.55M in Gimp Yarn. The main destinations of Colombia exports on Gimp Yarn were Mexico ($1.55M), Panama ($444), Ecuador ($260), and Costa Rica ($148).

In 2023, Colombia imported $3.27M in Gimp Yarn, mainly from Peru ($1.23M), China ($832k), Italy ($510k), Indonesia ($165k), and France ($158k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gimp Yarn BY Colombia WERE (2022 - 2023):
Mexico-$610k (-28.3%)
United States-$10.3k (-100%)
Ecuador-$7.75k (-96.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Gimp Yarn were:
China $224M
Italy $68.8M
Turkey $56.1M
In 2023, Colombia's main importing competitors in Gimp Yarn were:

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.6k
TOP IMPORT POTENTIALChina+ $337k

Gimp Yarn’s highest export potential is United States. With an export gap of $36.6k.   Gimp Yarn’s highest import potential is China with an import gap of $337k.

See methodology.

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