2022
Exports
$17.4MWorld Rnk 46 / 192
Flag Rnk 171 / 1142
2022
PRODUCT COMPLEXITY IN Packing Bags
-1.76Rnk 978 / 1025
2022
Imports
$14.4MWorld Rnk 69 / 223
Flag Rnk 480 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $17.4M in Packing Bags, making it the 46th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 171st most exported product in Colombia. The main destination of Packing Bags exports from Colombia are: Venezuela ($4.94M), Mexico ($3.6M), United States ($3.46M), Italy ($2.23M), and Ecuador ($824k).

The fastest growing export markets for Packing Bags of Colombia between 2021 and 2022 were Venezuela ($2.27M), Italy ($664k), and Guatemala ($222k).

Imports In 2018, Colombia imported $14.4M in Packing Bags, becoming the 69th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 480th most imported product in Colombia. Colombia imports Packing Bags primarily from: Ecuador ($7.95M), China ($2.9M), India ($1.1M), Bangladesh ($861k), and Turkey ($833k).

The fastest growing import markets in Packing Bags for Colombia between 2021 and 2022 were China ($1.32M), Turkey ($507k), and Bangladesh ($361k).

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 Packing Bags. 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)$17.4M
IMPORTS (2022)$14.4M
NET TRADE (2022)$3.02M

In 2022, Colombia exported $17.4M in Packing Bags. The main destinations of Colombia exports on Packing Bags were Venezuela ($4.94M), Mexico ($3.6M), United States ($3.46M), Italy ($2.23M), and Ecuador ($824k).

In 2022, Colombia imported $14.4M in Packing Bags, mainly from Ecuador ($7.95M), China ($2.9M), India ($1.1M), Bangladesh ($861k), and Turkey ($833k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$2.27M (84.9%)
Italy$664k (42.5%)
Guatemala$222k (488%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Colombia WERE (2021 - 2022):
Jamaica-$382k (-93.3%)
Argentina-$361k (-52.5%)
Ecuador-$156k (-15.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
In 2022, Colombia's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.81M
TOP IMPORT POTENTIALChina+ $1.5M

Packing Bags’s highest export potential is United States. With an export gap of $2.81M.   Packing Bags’s highest import potential is China with an import gap of $1.5M.

See methodology.

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