2022
Exports
$4.78MWorld Rnk 33 / 153
Flag Rnk 337 / 1142
2022
PRODUCT COMPLEXITY IN Mill Machinery
0.2Rnk 485 / 1025
2022
Imports
$11.8MWorld Rnk 59 / 202
Flag Rnk 525 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $4.78M in Mill Machinery, making it the 33rd largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 337th most exported product in Colombia. The main destination of Mill Machinery exports from Colombia are: Guyana ($1.36M), Ethiopia ($525k), Brazil ($483k), Peru ($310k), and Italy ($255k).

The fastest growing export markets for Mill Machinery of Colombia between 2021 and 2022 were Guyana ($1.28M), Brazil ($285k), and Peru ($171k).

Imports In 2022, Colombia imported $11.8M in Mill Machinery, becoming the 59th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 525th most imported product in Colombia. Colombia imports Mill Machinery primarily from: China ($3.29M), Brazil ($2.22M), Italy ($2M), United States ($1.26M), and Turkey ($546k).

The fastest growing import markets in Mill Machinery for Colombia between 2021 and 2022 were Italy ($808k), United States ($446k), and Austria ($276k).

Latest Trends

Oct 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 Mill Machinery. 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)$4.78M
IMPORTS (2022)$11.8M
NET TRADE (2022)-$7.05M

In 2022, Colombia exported $4.78M in Mill Machinery. The main destinations of Colombia exports on Mill Machinery were Guyana ($1.36M), Ethiopia ($525k), Brazil ($483k), Peru ($310k), and Italy ($255k).

In 2022, Colombia imported $11.8M in Mill Machinery, mainly from China ($3.29M), Brazil ($2.22M), Italy ($2M), United States ($1.26M), and Turkey ($546k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Guyana$1.28M (1.83k%)
Brazil$285k (144%)
Peru$171k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Colombia WERE (2021 - 2022):
Ethiopia-$316k (-37.6%)
Philippines-$133k (-100%)
Rwanda-$109k (-43.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Mill Machinery were:
China $609M
Italy $195M
In 2022, Colombia's main importing competitors in Mill Machinery were:

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $261k
TOP IMPORT POTENTIALChina+ $780k

Mill Machinery’s highest export potential is Brazil. With an export gap of $261k.   Mill Machinery’s highest import potential is China with an import gap of $780k.

See methodology.

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