2022
Exports
$302kWorld Rnk 66 / 164
Flag Rnk 732 / 1142
2022
PRODUCT COMPLEXITY IN Metal Insulating Fittings
1.18Rnk 110 / 1025
2022
Imports
$9.1MWorld Rnk 56 / 214
Flag Rnk 584 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $302k in Metal Insulating Fittings, making it the 66th largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 732nd most exported product in Colombia. The main destination of Metal Insulating Fittings exports from Colombia are: El Salvador ($162k), Costa Rica ($26.7k), Nicaragua ($21.8k), Ecuador ($19.2k), and Spain ($15.4k).

The fastest growing export markets for Metal Insulating Fittings of Colombia between 2021 and 2022 were El Salvador ($116k), Spain ($15.4k), and Brazil ($10.1k).

Imports In 2022, Colombia imported $9.1M in Metal Insulating Fittings, becoming the 56th largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 584th most imported product in Colombia. Colombia imports Metal Insulating Fittings primarily from: China ($3.05M), United States ($1.09M), Mexico ($913k), Brazil ($719k), and Japan ($664k).

The fastest growing import markets in Metal Insulating Fittings for Colombia between 2021 and 2022 were China ($1.09M), Mexico ($436k), and United States ($211k).

Latest Trends

Sep 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 Metal Insulating Fittings. 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)$302k
IMPORTS (2022)$9.1M
NET TRADE (2022)-$8.79M

In 2022, Colombia exported $302k in Metal Insulating Fittings. The main destinations of Colombia exports on Metal Insulating Fittings were El Salvador ($162k), Costa Rica ($26.7k), Nicaragua ($21.8k), Ecuador ($19.2k), and Spain ($15.4k).

In 2022, Colombia imported $9.1M in Metal Insulating Fittings, mainly from China ($3.05M), United States ($1.09M), Mexico ($913k), Brazil ($719k), and Japan ($664k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
El Salvador$116k (253%)
Spain$15.4k (1%)
Brazil$10.1k (800%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Colombia WERE (2021 - 2022):
United States-$26.9k (-95.2%)
Peru-$12.8k (-54%)
Ecuador-$8.54k (-30.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Metal Insulating Fittings were:
Germany $1.34B
China $989M
Japan $738M
In 2022, Colombia's main importing competitors in Metal Insulating Fittings were:

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Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $18.2k
TOP IMPORT POTENTIALChina+ $927k

Metal Insulating Fittings’s highest export potential is Spain. With an export gap of $18.2k.   Metal Insulating Fittings’s highest import potential is China with an import gap of $927k.

See methodology.

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