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2022
ExportsfalseWorld Rnk 59 / 206
Flag Rnk 542 / 1142
2021 - 2022
FASTEST GROWING MARKET $95.4kUnited States
2022
PRODUCT COMPLEXITY IN Motor-working Tools1.33Rnk 88 / 1025
2022
Origin $7.86M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $7.86MBrazil
2022
ECONOMIC COMPLEXITY of Colombia0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.11M in Motor-working Tools, making it the 59th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 542nd most exported product in Colombia. The main destination of Motor-working Tools exports from Colombia are: United States ($218k), Ecuador ($124k), Mexico ($97.9k), Costa Rica ($91.2k), and Peru ($76.6k).

The fastest growing export markets for Motor-working Tools of Colombia between 2021 and 2022 were United States ($95.4k), Ecuador ($73.2k), and Nicaragua ($72k).

The fastest growing import markets in Motor-working Tools for Colombia between 2021 and 2022 were Brazil ($7.86M), China ($5.04M), and Germany ($1.34M).

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 Motor-working Tools. 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)$1.11M

In 2022, Colombia exported $1.11M in Motor-working Tools. The main destinations of Colombia exports on Motor-working Tools were United States ($218k), Ecuador ($124k), Mexico ($97.9k), Costa Rica ($91.2k), and Peru ($76.6k).

In N/A, Colombia imported N/A in Motor-working Tools, mainly from Brazil ($31.7M), China ($28.4M), Germany ($9.73M), Japan ($8.52M), and United States ($5.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$95.4k (77.9%)
Ecuador$73.2k (144%)
Nicaragua$72k (1.97k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Colombia WERE (2021 - 2022):
Mexico-$109k (-52.7%)
Trinidad and Tobago-$64.9k (-100%)
Guatemala-$34.2k (-33.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Motor-working Tools were:
China $3.37B
Germany $1.3B
Chinese Taipei $897M
In 2022, Colombia's main importing competitors in Motor-working Tools were:
United States $1.76B
Germany $581M
France $454M

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $559k
TOP IMPORT POTENTIALChina+ $17.5M

Motor-working Tools’s highest export potential is United States. With an export gap of $559k.   Motor-working Tools’s highest import potential is China with an import gap of $17.5M.

See methodology.

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