2022
Exports
$60.4MWorld Rnk 59 / 226
Flag Rnk 67 / 1142
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$92MWorld Rnk 62 / 223
Flag Rnk 168 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $60.4M in Knit T-shirts, making it the 59th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 67th most exported product in Colombia. The main destination of Knit T-shirts exports from Colombia are: United States ($31.5M), Ecuador ($6.32M), Chile ($4.96M), Peru ($4.65M), and Costa Rica ($2.66M).

The fastest growing export markets for Knit T-shirts of Colombia between 2021 and 2022 were United States ($7.52M), Chile ($2.71M), and Peru ($1.34M).

Imports In 2022, Colombia imported $92M in Knit T-shirts, becoming the 62nd largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 168th most imported product in Colombia. Colombia imports Knit T-shirts primarily from: Bangladesh ($18.8M), China ($18.3M), Spain ($10.1M), Vietnam ($4.69M), and Honduras ($4.3M).

The fastest growing import markets in Knit T-shirts for Colombia between 2021 and 2022 were Bangladesh ($4.56M), Peru ($2.01M), and Thailand ($1.6M).

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 Knit T-shirts. 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)$60.4M
IMPORTS (2022)$92M
NET TRADE (2022)-$31.6M

In 2022, Colombia exported $60.4M in Knit T-shirts. The main destinations of Colombia exports on Knit T-shirts were United States ($31.5M), Ecuador ($6.32M), Chile ($4.96M), Peru ($4.65M), and Costa Rica ($2.66M).

In 2022, Colombia imported $92M in Knit T-shirts, mainly from Bangladesh ($18.8M), China ($18.3M), Spain ($10.1M), Vietnam ($4.69M), and Honduras ($4.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$7.52M (31.3%)
Chile$2.71M (120%)
Peru$1.34M (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Colombia WERE (2021 - 2022):
Mexico-$388k (-21.2%)
Saudi Arabia-$124k (-99.8%)
China-$98.2k (-77.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Knit T-shirts were:
In 2022, Colombia's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.7M
TOP IMPORT POTENTIALBangladesh+ $12.8M

Knit T-shirts’s highest export potential is United States. With an export gap of $17.7M.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $12.8M.

See methodology.

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