2022
Exports
$1.18MWorld Rnk 54 / 146
Flag Rnk 529 / 1142
2022
PRODUCT COMPLEXITY IN Other Synthetic Fabrics
-0.22Rnk 620 / 1025
2022
Imports
$31MWorld Rnk 35 / 198
Flag Rnk 336 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.18M in Other Synthetic Fabrics, making it the 54th largest exporter of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 529th most exported product in Colombia. The main destination of Other Synthetic Fabrics exports from Colombia are: Ecuador ($654k), Mexico ($130k), Costa Rica ($70.7k), Peru ($61.4k), and Greece ($56.7k).

The fastest growing export markets for Other Synthetic Fabrics of Colombia between 2021 and 2022 were Greece ($56.7k), Venezuela ($31.7k), and Vietnam ($25.4k).

Imports In 2022, Colombia imported $31M in Other Synthetic Fabrics, becoming the 35th largest importer of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 336th most imported product in Colombia. Colombia imports Other Synthetic Fabrics primarily from: China ($23.7M), India ($3.06M), United States ($1.68M), Peru ($1.06M), and Ecuador ($405k).

The fastest growing import markets in Other Synthetic Fabrics for Colombia between 2021 and 2022 were India ($1.57M), United States ($1.34M), and China ($967k).

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 Synthetic Fabrics. 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)$1.18M
IMPORTS (2022)$31M
NET TRADE (2022)-$29.8M

In 2022, Colombia exported $1.18M in Other Synthetic Fabrics. The main destinations of Colombia exports on Other Synthetic Fabrics were Ecuador ($654k), Mexico ($130k), Costa Rica ($70.7k), Peru ($61.4k), and Greece ($56.7k).

In 2022, Colombia imported $31M in Other Synthetic Fabrics, mainly from China ($23.7M), India ($3.06M), United States ($1.68M), Peru ($1.06M), and Ecuador ($405k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Synthetic Fabrics EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Greece$56.7k (1%)
Venezuela$31.7k (2.29k%)
Vietnam$25.4k (1.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Synthetic Fabrics BY Colombia WERE (2021 - 2022):
Ecuador-$40k (-5.76%)
Mexico-$25.7k (-16.5%)
Chile-$11k (-62.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Other Synthetic Fabrics were:
China $1.73B
India $400M
In 2022, Colombia's main importing competitors in Other Synthetic Fabrics were:

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Trade Value of Other Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $114k
TOP IMPORT POTENTIALChina+ $1.43M

Other Synthetic Fabrics’s highest export potential is Mexico. With an export gap of $114k.   Other Synthetic Fabrics’s highest import potential is China with an import gap of $1.43M.

See methodology.

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