2022
Exports
$1.04MWorld Rnk 39 / 73
Flag Rnk 550 / 1142
2022
PRODUCT COMPLEXITY IN Military Weapons
0.3Rnk 453 / 1025
2022
Imports
$3.67MWorld Rnk 48 / 143
Flag Rnk 743 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.04M in Military Weapons, making it the 39th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 550th most exported product in Colombia. The main destination of Military Weapons exports from Colombia are: United States ($994k), Panama ($34.7k), and Australia ($10k).

The fastest growing export markets for Military Weapons of Colombia between 2021 and 2022 were Panama ($34.7k) and Australia ($10k).

Imports In 2022, Colombia imported $3.67M in Military Weapons, becoming the 48th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 743rd most imported product in Colombia. Colombia imports Military Weapons primarily from: United States ($3.67M) and South Africa ($2.64k).

The fastest growing import markets in Military Weapons for Colombia between 2021 and 2022 were United States ($2.43M) and South Africa ($2.64k).

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 Military Weapons. 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)$1.04M
IMPORTS (2022)$3.67M
NET TRADE (2022)-$2.63M

In 2022, Colombia exported $1.04M in Military Weapons. The main destinations of Colombia exports on Military Weapons were United States ($994k), Panama ($34.7k), and Australia ($10k).

In 2022, Colombia imported $3.67M in Military Weapons, mainly from United States ($3.67M) and South Africa ($2.64k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Panama$34.7k (1%)
Australia$10k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Colombia WERE (2021 - 2022):United States-$1.16M (-53.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $17.3k
TOP IMPORT POTENTIALSouth Africa+ $6.63k

Military Weapons’s highest export potential is Australia. With an export gap of $17.3k.   Military Weapons’s highest import potential is South Africa with an import gap of $6.63k.

See methodology.

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