2022
Exports
$335kWorld Rnk 70 / 149
Flag Rnk 720 / 1142
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$31.8MWorld Rnk 22 / 201
Flag Rnk 335 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $335k in Ground Nuts, making it the 70th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 720th most exported product in Colombia. The main destination of Ground Nuts exports from Colombia are: Venezuela ($320k), United States ($6.98k), Ecuador ($4.74k), Aruba ($2.26k), and Curaçao ($797).

The fastest growing export markets for Ground Nuts of Colombia between 2021 and 2022 were Venezuela ($320k), United States ($6.2k), and Ecuador ($4.74k).

Imports In 2022, Colombia imported $31.8M in Ground Nuts, becoming the 22nd largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 335th most imported product in Colombia. Colombia imports Ground Nuts primarily from: Nicaragua ($14.3M), Brazil ($10.2M), United States ($4.23M), Argentina ($1.85M), and Bolivia ($748k).

The fastest growing import markets in Ground Nuts for Colombia between 2021 and 2022 were Nicaragua ($3.24M), Argentina ($496k), and Bolivia ($359k).

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 Ground Nuts. 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)$335k
IMPORTS (2022)$31.8M
NET TRADE (2022)-$31.5M

In 2022, Colombia exported $335k in Ground Nuts. The main destinations of Colombia exports on Ground Nuts were Venezuela ($320k), United States ($6.98k), Ecuador ($4.74k), Aruba ($2.26k), and Curaçao ($797).

In 2022, Colombia imported $31.8M in Ground Nuts, mainly from Nicaragua ($14.3M), Brazil ($10.2M), United States ($4.23M), Argentina ($1.85M), and Bolivia ($748k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$320k (1%)
United States$6.2k (795%)
Ecuador$4.74k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Colombia WERE (2021 - 2022):Germany-$13.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Ground Nuts were:
In 2022, Colombia's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12k
TOP IMPORT POTENTIALBrazil+ $1.45M

Ground Nuts’s highest export potential is United States. With an export gap of $12k.   Ground Nuts’s highest import potential is Brazil with an import gap of $1.45M.

See methodology.

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