2023
Exports
$3.22BWorld Rnk 31 / 167
Flag Rnk 3 / 1150
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$47.3kWorld Rnk 148 / 174
Flag Rnk 1113 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $3.22B in Gold, making it the 31st largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in Colombia. The main destination of Gold exports from Colombia are: United States ($1.42B), India ($519M), Italy ($514M), Hong Kong ($261M), and United Arab Emirates ($244M).

The fastest growing export markets for Gold of Colombia between 2022 and 2023 were United States ($368M), Hong Kong ($123M), and India ($101M).

Imports In 2023, Colombia imported $47.3k in Gold, becoming the 148th largest importer of Gold in the world. At the same year, Gold was the 1113th most imported product in Colombia. Colombia imports Gold primarily from: Bahrain ($17.3k), Italy ($14.7k), United States ($14.5k), Germany ($428), and United Kingdom ($333).

The fastest growing import markets in Gold for Colombia between 2022 and 2023 were Bahrain ($17.3k), Italy ($10.7k), and United States ($3.64k).

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 Gold. 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)$3.22B
IMPORTS (2023)$47.3k
NET TRADE (2023)$3.22B

In 2023, Colombia exported $3.22B in Gold. The main destinations of Colombia exports on Gold were United States ($1.42B), India ($519M), Italy ($514M), Hong Kong ($261M), and United Arab Emirates ($244M).

In 2023, Colombia imported $47.3k in Gold, mainly from Bahrain ($17.3k), Italy ($14.7k), United States ($14.5k), Germany ($428), and United Kingdom ($333).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$368M (35.1%)
Hong Kong$123M (88.6%)
India$101M (24.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Colombia WERE (2022 - 2023):
Australia-$154M (-92.5%)
Canada-$105M (-93.2%)
China-$46.2M (-88.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Gold were:
In 2023, Colombia's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $280M
TOP IMPORT POTENTIALUnited States+ $150k

Gold’s highest export potential is India. With an export gap of $280M.   Gold’s highest import potential is United States with an import gap of $150k.

See methodology.

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