2022
Exports
$750kWorld Rnk 50 / 153
Flag Rnk 603 / 1142
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$6.58MWorld Rnk 45 / 180
Flag Rnk 636 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $750k in Laboratory Reagents, making it the 50th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 603rd most exported product in Colombia. The main destination of Laboratory Reagents exports from Colombia are: Ecuador ($539k), Antigua and Barbuda ($154k), Aruba ($33.4k), Philippines ($22.7k), and Argentina ($1.06k).

The fastest growing export markets for Laboratory Reagents of Colombia between 2021 and 2022 were Antigua and Barbuda ($154k), Ecuador ($144k), and Philippines ($22.7k).

Imports In 2022, Colombia imported $6.58M in Laboratory Reagents, becoming the 45th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 636th most imported product in Colombia. Colombia imports Laboratory Reagents primarily from: Chinese Taipei ($5.71M), Argentina ($851k), Ecuador ($21.1k), and Aruba ($5).

The fastest growing import markets in Laboratory Reagents for Colombia between 2021 and 2022 were Argentina ($195k).

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 Laboratory Reagents. 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)$750k
IMPORTS (2022)$6.58M
NET TRADE (2022)-$5.83M

In 2022, Colombia exported $750k in Laboratory Reagents. The main destinations of Colombia exports on Laboratory Reagents were Ecuador ($539k), Antigua and Barbuda ($154k), Aruba ($33.4k), Philippines ($22.7k), and Argentina ($1.06k).

In 2022, Colombia imported $6.58M in Laboratory Reagents, mainly from Chinese Taipei ($5.71M), Argentina ($851k), Ecuador ($21.1k), and Aruba ($5).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$144k (36.6%)
Philippines$22.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Colombia WERE (2021 - 2022):
Chile-$3.25M (-100%)
Peru-$686k (-100%)
Dominican Republic-$341k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $934k
TOP IMPORT POTENTIALChina+ $15.9M

Laboratory Reagents’s highest export potential is United States. With an export gap of $934k.   Laboratory Reagents’s highest import potential is China with an import gap of $15.9M.

See methodology.

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