2022
Exports
$1.64MWorld Rnk 65 / 195
Flag Rnk 475 / 1142
2022
PRODUCT COMPLEXITY IN Other Knit Clothing Accessories
-1.29Rnk 906 / 1025
2022
Imports
$7.85MWorld Rnk 70 / 218
Flag Rnk 608 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.64M in Other Knit Clothing Accessories, making it the 65th largest exporter of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 475th most exported product in Colombia. The main destination of Other Knit Clothing Accessories exports from Colombia are: United States ($464k), Canada ($364k), Spain ($214k), Australia ($112k), and Panama ($68.3k).

The fastest growing export markets for Other Knit Clothing Accessories of Colombia between 2021 and 2022 were Canada ($343k), United States ($211k), and Italy ($59.8k).

Imports In 2022, Colombia imported $7.85M in Other Knit Clothing Accessories, becoming the 70th largest importer of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 608th most imported product in Colombia. Colombia imports Other Knit Clothing Accessories primarily from: China ($3.63M), Peru ($2.31M), Italy ($590k), Brazil ($365k), and Mexico ($158k).

The fastest growing import markets in Other Knit Clothing Accessories for Colombia between 2021 and 2022 were Peru ($954k), China ($461k), and Mexico ($99.1k).

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 Knit Clothing Accessories. 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)$1.64M
IMPORTS (2022)$7.85M
NET TRADE (2022)-$6.21M

In 2022, Colombia exported $1.64M in Other Knit Clothing Accessories. The main destinations of Colombia exports on Other Knit Clothing Accessories were United States ($464k), Canada ($364k), Spain ($214k), Australia ($112k), and Panama ($68.3k).

In 2022, Colombia imported $7.85M in Other Knit Clothing Accessories, mainly from China ($3.63M), Peru ($2.31M), Italy ($590k), Brazil ($365k), and Mexico ($158k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Clothing Accessories EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Canada$343k (1.61k%)
United States$211k (83.8%)
Italy$59.8k (1.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Clothing Accessories BY Colombia WERE (2021 - 2022):
Australia-$63.6k (-36.2%)
Costa Rica-$49.8k (-45%)
Peru-$46.1k (-88.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Other Knit Clothing Accessories were:
China $1.94B
Italy $239M
In 2022, Colombia's main importing competitors in Other Knit Clothing Accessories were:

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Trade Value of Other Knit Clothing Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $390k
TOP IMPORT POTENTIALChina+ $1.06M

Other Knit Clothing Accessories’s highest export potential is United States. With an export gap of $390k.   Other Knit Clothing Accessories’s highest import potential is China with an import gap of $1.06M.

See methodology.

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