2022
Exports
$668kWorld Rnk 55 / 153
Flag Rnk 619 / 1142
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products
0.19Rnk 491 / 1025
2022
Imports
$6.91MWorld Rnk 49 / 215
Flag Rnk 626 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $668k in Pharmaceutical Rubber Products, making it the 55th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 619th most exported product in Colombia. The main destination of Pharmaceutical Rubber Products exports from Colombia are: Ecuador ($198k), Dominican Republic ($155k), Guatemala ($60k), Peru ($50.8k), and Saudi Arabia ($31.7k).

The fastest growing export markets for Pharmaceutical Rubber Products of Colombia between 2021 and 2022 were Dominican Republic ($89.4k), Ecuador ($59.6k), and Guatemala ($46.9k).

Imports In 2022, Colombia imported $6.91M in Pharmaceutical Rubber Products, becoming the 49th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 626th most imported product in Colombia. Colombia imports Pharmaceutical Rubber Products primarily from: Thailand ($2.31M), China ($2.08M), Malaysia ($1.88M), Germany ($222k), and United States ($103k).

The fastest growing import markets in Pharmaceutical Rubber Products for Colombia between 2021 and 2022 were Malaysia ($503k), United States ($58.4k), and Hungary ($31.4k).

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 Pharmaceutical Rubber Products. 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)$668k
IMPORTS (2022)$6.91M
NET TRADE (2022)-$6.24M

In 2022, Colombia exported $668k in Pharmaceutical Rubber Products. The main destinations of Colombia exports on Pharmaceutical Rubber Products were Ecuador ($198k), Dominican Republic ($155k), Guatemala ($60k), Peru ($50.8k), and Saudi Arabia ($31.7k).

In 2022, Colombia imported $6.91M in Pharmaceutical Rubber Products, mainly from Thailand ($2.31M), China ($2.08M), Malaysia ($1.88M), Germany ($222k), and United States ($103k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Dominican Republic$89.4k (137%)
Ecuador$59.6k (43%)
Guatemala$46.9k (359%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Colombia WERE (2021 - 2022):
El Salvador-$75.1k (-100%)
Spain-$37.7k (-100%)
Peru-$26.7k (-34.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Pharmaceutical Rubber Products were:
In 2022, Colombia's main importing competitors in Pharmaceutical Rubber Products were:

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $33k
TOP IMPORT POTENTIALChina+ $391k

Pharmaceutical Rubber Products’s highest export potential is Germany. With an export gap of $33k.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $391k.

See methodology.

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