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Exports In 2022, Colombia exported $572k in Magnesium sulphate, making it the 25th largest exporter of Magnesium sulphate in the world. At the same year, Magnesium sulphate was the 1212th most exported product in Colombia. The main destination of Magnesium sulphate exports from Colombia are: United States ($489k), Chile ($55k), Bolivia ($16.3k), Costa Rica ($8.4k), and Ecuador ($1.62k).

The fastest growing export markets for Magnesium sulphate of Colombia between 2021 and 2022 were Bolivia ($14.5k) and Nicaragua ($1.24k).

Imports In 2022, Colombia imported $2.95M in Magnesium sulphate, becoming the 45th largest importer of Magnesium sulphate in the world. At the same year, Magnesium sulphate was the 1857th most imported product in Colombia. Colombia imports Magnesium sulphate primarily from: China ($2.82M), Germany ($69.1k), Canada ($20.4k), Czechia ($15.4k), and Japan ($10k).

The fastest growing import markets in Magnesium sulphate for Colombia between 2021 and 2022 were Canada ($8.48k), Spain ($4.15k), and Czechia ($3.42k).

COMPANIES In 2023, leading companies such as Rothfos (1) and SKF Group (1) were at the forefront of shipping Magnesium sulphate from Colombia to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Magnesium sulphate. 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)$572k
IMPORTS (2022)$2.95M
NET TRADE (2022)-$2.38M

In 2022, Colombia exported $572k in Magnesium sulphate. The main destinations of Colombia exports on Magnesium sulphate were United States ($489k), Chile ($55k), Bolivia ($16.3k), Costa Rica ($8.4k), and Ecuador ($1.62k).

In 2022, Colombia imported $2.95M in Magnesium sulphate, mainly from China ($2.82M), Germany ($69.1k), Canada ($20.4k), Czechia ($15.4k), and Japan ($10k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium sulphate EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Bolivia$14.5k (841%)
Nicaragua$1.24k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium sulphate BY Colombia WERE (2021 - 2022):
United States-$236k (-32.5%)
Chile-$211k (-79.3%)
Honduras-$54k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Magnesium sulphate by Exporters

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