2023
Exports
$135kWorld Rnk 75 / 160
Flag Rnk 835 / 1150
2023
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.38Rnk 66 / 1025
2023
Imports
$14MWorld Rnk 43 / 202
Flag Rnk 448 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $135k in Knitting Machine Accessories, making it the 75th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 835th most exported product in Colombia. The main destination of Knitting Machine Accessories exports from Colombia are: Costa Rica ($46.6k), Peru ($23.3k), United States ($20.9k), Mexico ($14.1k), and Italy ($8.9k).

The fastest growing export markets for Knitting Machine Accessories of Colombia between 2022 and 2023 were Peru ($23.3k), United States ($20.9k), and Mexico ($14.1k).

Imports In 2023, Colombia imported $14M in Knitting Machine Accessories, becoming the 43rd largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 448th most imported product in Colombia. Colombia imports Knitting Machine Accessories primarily from: France ($3.08M), Germany ($2.93M), Japan ($2.01M), China ($1.15M), and Switzerland ($937k).

The fastest growing import markets in Knitting Machine Accessories for Colombia between 2022 and 2023 were France ($2.72M), India ($438k), and Austria ($260k).

Latest Trends

Dec 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 Knitting Machine Accessories. 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 (2023)$135k
IMPORTS (2023)$14M
NET TRADE (2023)-$13.9M

In 2023, Colombia exported $135k in Knitting Machine Accessories. The main destinations of Colombia exports on Knitting Machine Accessories were Costa Rica ($46.6k), Peru ($23.3k), United States ($20.9k), Mexico ($14.1k), and Italy ($8.9k).

In 2023, Colombia imported $14M in Knitting Machine Accessories, mainly from France ($3.08M), Germany ($2.93M), Japan ($2.01M), China ($1.15M), and Switzerland ($937k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Peru$23.3k (1%)
United States$20.9k (1%)
Mexico$14.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Colombia WERE (2022 - 2023):
Dominican Republic-$20.8k (-99.9%)
Chile-$11.1k (-100%)
Costa Rica-$10.9k (-18.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Knitting Machine Accessories were:
In 2023, Colombia's main importing competitors in Knitting Machine Accessories were:

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $13.8k
TOP IMPORT POTENTIALChina+ $1.23M

Knitting Machine Accessories’s highest export potential is Italy. With an export gap of $13.8k.   Knitting Machine Accessories’s highest import potential is China with an import gap of $1.23M.

See methodology.

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