2022
Exports
$4.6MWorld Rnk 70 / 221
Flag Rnk 345 / 1142
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments
1.54Rnk 44 / 1025
2022
Imports
$66.2MWorld Rnk 54 / 226
Flag Rnk 217 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $4.6M in Other Measuring Instruments, making it the 70th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 345th most exported product in Colombia. The main destination of Other Measuring Instruments exports from Colombia are: United States ($1.28M), Ecuador ($1.01M), Mexico ($398k), Brazil ($205k), and Peru ($201k).

The fastest growing export markets for Other Measuring Instruments of Colombia between 2021 and 2022 were Ecuador ($532k), United States ($394k), and Mexico ($183k).

Imports In 2022, Colombia imported $66.2M in Other Measuring Instruments, becoming the 54th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 217th most imported product in Colombia. Colombia imports Other Measuring Instruments primarily from: United States ($19.9M), China ($9.7M), France ($7.17M), Germany ($5.76M), and Brazil ($3.17M).

The fastest growing import markets in Other Measuring Instruments for Colombia between 2021 and 2022 were United States ($5.85M), France ($5.69M), and Brazil ($1.75M).

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 Measuring Instruments. 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)$4.6M
IMPORTS (2022)$66.2M
NET TRADE (2022)-$61.6M

In 2022, Colombia exported $4.6M in Other Measuring Instruments. The main destinations of Colombia exports on Other Measuring Instruments were United States ($1.28M), Ecuador ($1.01M), Mexico ($398k), Brazil ($205k), and Peru ($201k).

In 2022, Colombia imported $66.2M in Other Measuring Instruments, mainly from United States ($19.9M), China ($9.7M), France ($7.17M), Germany ($5.76M), and Brazil ($3.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Ecuador$532k (112%)
United States$394k (44.5%)
Mexico$183k (85.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Colombia WERE (2021 - 2022):
New Zealand-$75k (-100%)
Guatemala-$62.2k (-94%)
India-$56k (-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 Measuring Instruments were:
In 2022, Colombia's main importing competitors in Other Measuring Instruments were:

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.78M
TOP IMPORT POTENTIALUnited States+ $6.6M

Other Measuring Instruments’s highest export potential is United States. With an export gap of $1.78M.   Other Measuring Instruments’s highest import potential is United States with an import gap of $6.6M.

See methodology.

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