2022
Exports
$15.6MWorld Rnk 54 / 218
Flag Rnk 69 / 96
2022
PRODUCT COMPLEXITY IN Headgear
0.5Rnk 367 / 1025
2022
Imports
$83.5MWorld Rnk 36 / 225
Flag Rnk 65 / 96
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $15.6M in Headgear, making it the 54th largest exporter of Headgear in the world. At the same year, Headgear was the 69th most exported product in Colombia. The main destination of Headgear exports from Colombia are: Ecuador ($4.97M), United States ($3.01M), Mexico ($2.1M), Guatemala ($1.16M), and El Salvador ($933k).

The fastest growing export markets for Headgear of Colombia between 2021 and 2022 were Ecuador ($1.52M), El Salvador ($713k), and United States ($703k).

Imports In 2022, Colombia imported $83.5M in Headgear, becoming the 36th largest importer of Headgear in the world. At the same year, Headgear was the 65th most imported product in Colombia. Colombia imports Headgear primarily from: China ($67.7M), Vietnam ($2.88M), Italy ($2.44M), United States ($2.01M), and Bangladesh ($1.27M).

The fastest growing import markets in Headgear for Colombia between 2021 and 2022 were China ($13.7M), Vietnam ($1.42M), and Bangladesh ($759k).

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 Headgear. 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)$15.6M
IMPORTS (2022)$83.5M
NET TRADE (2022)-$67.9M

In 2022, Colombia exported $15.6M in Headgear. The main destinations of Colombia exports on Headgear were Ecuador ($4.97M), United States ($3.01M), Mexico ($2.1M), Guatemala ($1.16M), and El Salvador ($933k).

In 2022, Colombia imported $83.5M in Headgear, mainly from China ($67.7M), Vietnam ($2.88M), Italy ($2.44M), United States ($2.01M), and Bangladesh ($1.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$1.52M (44%)
El Salvador$713k (323%)
United States$703k (30.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY Colombia WERE (2021 - 2022):
Egypt-$96.7k (-100%)
Chile-$88.9k (-11.1%)
Guatemala-$75.5k (-6.12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.45M
TOP IMPORT POTENTIALVietnam+ $1.62M

Headgear’s highest export potential is United States. With an export gap of $2.45M.   Headgear’s highest import potential is Vietnam with an import gap of $1.62M.

See methodology.

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