2023
Exports
$389kWorld Rnk 60 / 193
Flag Rnk 703 / 1150
2023
PRODUCT COMPLEXITY IN Knives
0.98Rnk 183 / 1025
2023
Imports
$10.4MWorld Rnk 45 / 222
Flag Rnk 507 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $389k in Knives, making it the 60th largest exporter of Knives in the world. At the same year, Knives was the 703rd most exported product in Colombia. The main destination of Knives exports from Colombia are: Nicaragua ($136k), South Africa ($64k), Guatemala ($26.9k), Dominican Republic ($24.9k), and United States ($24.4k).

The fastest growing export markets for Knives of Colombia between 2022 and 2023 were Nicaragua ($135k), South Africa ($64k), and Guatemala ($22.3k).

Imports In 2023, Colombia imported $10.4M in Knives, becoming the 45th largest importer of Knives in the world. At the same year, Knives was the 507th most imported product in Colombia. Colombia imports Knives primarily from: China ($6.3M), Brazil ($2.21M), Switzerland ($639k), Germany ($531k), and United States ($210k).

The fastest growing import markets in Knives for Colombia between 2022 and 2023 were Germany ($167k), Switzerland ($67.6k), and Mexico ($12.2k).

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 Knives. 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)$389k
IMPORTS (2023)$10.4M
NET TRADE (2023)-$9.97M

In 2023, Colombia exported $389k in Knives. The main destinations of Colombia exports on Knives were Nicaragua ($136k), South Africa ($64k), Guatemala ($26.9k), Dominican Republic ($24.9k), and United States ($24.4k).

In 2023, Colombia imported $10.4M in Knives, mainly from China ($6.3M), Brazil ($2.21M), Switzerland ($639k), Germany ($531k), and United States ($210k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knives EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Nicaragua$135k (14.5k%)
South Africa$64k (1%)
Guatemala$22.3k (488%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knives BY Colombia WERE (2022 - 2023):
Dominican Republic-$102k (-80.4%)
Venezuela-$13.1k (-77%)
United States-$12.2k (-33.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Knives were:
China $1.52B
Japan $183M
In 2023, Colombia's main importing competitors in Knives were:

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Trade Value of Knives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $58.7k
TOP IMPORT POTENTIALChina+ $1.32M

Knives’s highest export potential is United States. With an export gap of $58.7k.   Knives’s highest import potential is China with an import gap of $1.32M.

See methodology.

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