2022
Exports
$1.03MWorld Rnk 50 / 163
Flag Rnk 552 / 1142
2022
PRODUCT COMPLEXITY IN Labels
-0.16Rnk 599 / 1025
2022
Imports
$1.56MWorld Rnk 78 / 211
Flag Rnk 873 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.03M in Labels, making it the 50th largest exporter of Labels in the world. At the same year, Labels was the 552nd most exported product in Colombia. The main destination of Labels exports from Colombia are: United States ($212k), Honduras ($211k), El Salvador ($120k), Dominican Republic ($106k), and Nicaragua ($69.5k).

The fastest growing export markets for Labels of Colombia between 2021 and 2022 were United States ($140k), Philippines ($21.5k), and Dominican Republic ($10.4k).

Imports In 2022, Colombia imported $1.56M in Labels, becoming the 78th largest importer of Labels in the world. At the same year, Labels was the 873rd most imported product in Colombia. Colombia imports Labels primarily from: China ($971k), Portugal ($103k), Honduras ($73.4k), United States ($59k), and Italy ($57.1k).

The fastest growing import markets in Labels for Colombia between 2021 and 2022 were Portugal ($94.8k), China ($70.6k), and Peru ($50.1k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Labels. 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)$1.03M
IMPORTS (2022)$1.56M
NET TRADE (2022)-$536k

In 2022, Colombia exported $1.03M in Labels. The main destinations of Colombia exports on Labels were United States ($212k), Honduras ($211k), El Salvador ($120k), Dominican Republic ($106k), and Nicaragua ($69.5k).

In 2022, Colombia imported $1.56M in Labels, mainly from China ($971k), Portugal ($103k), Honduras ($73.4k), United States ($59k), and Italy ($57.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$140k (193%)
Philippines$21.5k (1%)
Dominican Republic$10.4k (10.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Colombia WERE (2021 - 2022):
El Salvador-$712k (-85.6%)
Peru-$129k (-68.5%)
Chile-$45.1k (-69.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $110k
TOP IMPORT POTENTIALChina+ $239k

Labels’s highest export potential is United States. With an export gap of $110k.   Labels’s highest import potential is China with an import gap of $239k.

See methodology.

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