2022
Exports
$274kWorld Rnk 82 / 148
Flag Rnk 740 / 1142
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$13.6MWorld Rnk 45 / 213
Flag Rnk 494 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $274k in Other Iron Bars, making it the 82nd largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 740th most exported product in Colombia. The main destination of Other Iron Bars exports from Colombia are: Venezuela ($154k), Panama ($53.4k), Costa Rica ($35.5k), Ecuador ($20.2k), and Peru ($9.97k).

The fastest growing export markets for Other Iron Bars of Colombia between 2021 and 2022 were Venezuela ($82.4k), Peru ($8.19k), and Dominican Republic ($901).

Imports In 2022, Colombia imported $13.6M in Other Iron Bars, becoming the 45th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 494th most imported product in Colombia. Colombia imports Other Iron Bars primarily from: Turkey ($5.91M), Spain ($2.58M), India ($2.3M), China ($1.4M), and Romania ($741k).

The fastest growing import markets in Other Iron Bars for Colombia between 2021 and 2022 were Turkey ($2.73M), India ($1.35M), and China ($820k).

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 Other Iron Bars. 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)$274k
IMPORTS (2022)$13.6M
NET TRADE (2022)-$13.3M

In 2022, Colombia exported $274k in Other Iron Bars. The main destinations of Colombia exports on Other Iron Bars were Venezuela ($154k), Panama ($53.4k), Costa Rica ($35.5k), Ecuador ($20.2k), and Peru ($9.97k).

In 2022, Colombia imported $13.6M in Other Iron Bars, mainly from Turkey ($5.91M), Spain ($2.58M), India ($2.3M), China ($1.4M), and Romania ($741k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$82.4k (116%)
Peru$8.19k (460%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Colombia WERE (2021 - 2022):
Costa Rica-$39.1k (-52.4%)
Ecuador-$38.8k (-65.8%)
Uruguay-$15.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Other Iron Bars were:
In 2022, Colombia's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEcuador+ $15.7k
TOP IMPORT POTENTIALIndia+ $502k

Other Iron Bars’s highest export potential is Ecuador. With an export gap of $15.7k.   Other Iron Bars’s highest import potential is India with an import gap of $502k.

See methodology.

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