2022
Exports
$4.73MWorld Rnk 69 / 224
Flag Rnk 340 / 1142
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$163MWorld Rnk 46 / 225
Flag Rnk 99 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $4.73M in Iron Fasteners, making it the 69th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 340th most exported product in Colombia. The main destination of Iron Fasteners exports from Colombia are: Ecuador ($1.26M), Panama ($515k), Peru ($411k), Guatemala ($378k), and Costa Rica ($319k).

The fastest growing export markets for Iron Fasteners of Colombia between 2021 and 2022 were Panama ($265k), El Salvador ($140k), and Venezuela ($108k).

Imports In 2022, Colombia imported $163M in Iron Fasteners, becoming the 46th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 99th most imported product in Colombia. Colombia imports Iron Fasteners primarily from: China ($88.4M), United States ($32.5M), Chinese Taipei ($8.47M), France ($4.21M), and Brazil ($3.82M).

The fastest growing import markets in Iron Fasteners for Colombia between 2021 and 2022 were China ($15M), United States ($9.46M), and Chinese Taipei ($2.58M).

Latest Trends

Jul 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 Iron Fasteners. 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)$4.73M
IMPORTS (2022)$163M
NET TRADE (2022)-$158M

In 2022, Colombia exported $4.73M in Iron Fasteners. The main destinations of Colombia exports on Iron Fasteners were Ecuador ($1.26M), Panama ($515k), Peru ($411k), Guatemala ($378k), and Costa Rica ($319k).

In 2022, Colombia imported $163M in Iron Fasteners, mainly from China ($88.4M), United States ($32.5M), Chinese Taipei ($8.47M), France ($4.21M), and Brazil ($3.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Panama$265k (106%)
El Salvador$140k (111%)
Venezuela$108k (83.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Colombia WERE (2021 - 2022):
Ecuador-$603k (-32.4%)
Peru-$349k (-46%)
Dominican Republic-$299k (-66.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $594k
TOP IMPORT POTENTIALChina+ $11.6M

Iron Fasteners’s highest export potential is United States. With an export gap of $594k.   Iron Fasteners’s highest import potential is China with an import gap of $11.6M.

See methodology.

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