2022
Exports
$20.4MWorld Rnk 43 / 187
Flag Rnk 160 / 1142
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.74Rnk 263 / 1025
2022
Imports
$74.8MWorld Rnk 49 / 221
Flag Rnk 197 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $20.4M in Industrial Food Preperation Machinery, making it the 43rd largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 160th most exported product in Colombia. The main destination of Industrial Food Preperation Machinery exports from Colombia are: United States ($2.91M), Panama ($2.59M), Honduras ($1.78M), Dominican Republic ($1.58M), and Guatemala ($1.45M).

The fastest growing export markets for Industrial Food Preperation Machinery of Colombia between 2021 and 2022 were Dominican Republic ($1.14M), Ethiopia ($602k), and Honduras ($548k).

Imports In 2022, Colombia imported $74.8M in Industrial Food Preperation Machinery, becoming the 49th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 197th most imported product in Colombia. Colombia imports Industrial Food Preperation Machinery primarily from: Germany ($13.3M), United States ($10.2M), China ($9.09M), Italy ($8.55M), and Netherlands ($6.84M).

The fastest growing import markets in Industrial Food Preperation Machinery for Colombia between 2021 and 2022 were Netherlands ($3.74M), Brazil ($3.3M), and China ($2.84M).

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 Industrial Food Preperation Machinery. 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)$20.4M
IMPORTS (2022)$74.8M
NET TRADE (2022)-$54.4M

In 2022, Colombia exported $20.4M in Industrial Food Preperation Machinery. The main destinations of Colombia exports on Industrial Food Preperation Machinery were United States ($2.91M), Panama ($2.59M), Honduras ($1.78M), Dominican Republic ($1.58M), and Guatemala ($1.45M).

In 2022, Colombia imported $74.8M in Industrial Food Preperation Machinery, mainly from Germany ($13.3M), United States ($10.2M), China ($9.09M), Italy ($8.55M), and Netherlands ($6.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Dominican Republic$1.14M (260%)
Ethiopia$602k (823%)
Honduras$548k (44.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Colombia WERE (2021 - 2022):
Kenya-$718k (-92.5%)
Uganda-$384k (-84.6%)
Djibouti-$307k (-24.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Industrial Food Preperation Machinery were:
In 2022, Colombia's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $3.11M
TOP IMPORT POTENTIALChina+ $3.66M

Industrial Food Preperation Machinery’s highest export potential is United States. With an export gap of $3.11M.   Industrial Food Preperation Machinery’s highest import potential is China with an import gap of $3.66M.

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