2022
Exports
$19.3MWorld Rnk 35 / 94
Flag Rnk 164 / 1142
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$606kWorld Rnk 69 / 143
Flag Rnk 957 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $19.3M in Platinum, making it the 35th largest exporter of Platinum in the world. At the same year, Platinum was the 164th most exported product in Colombia. The main destination of Platinum exports from Colombia are: United States ($15.8M), Italy ($2.48M), United Arab Emirates ($727k), Switzerland ($189k), and France ($188k).

The fastest growing export markets for Platinum of Colombia between 2021 and 2022 were United Arab Emirates ($727k), Italy ($603k), and Switzerland ($153k).

Imports In 2022, Colombia imported $606k in Platinum, becoming the 69th largest importer of Platinum in the world. At the same year, Platinum was the 957th most imported product in Colombia. Colombia imports Platinum primarily from: United States ($481k), Italy ($102k), Hong Kong ($10.8k), China ($10.4k), and Switzerland ($1.94k).

The fastest growing import markets in Platinum for Colombia between 2021 and 2022 were United States ($271k), Italy ($66.6k), and Hong Kong ($10.8k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Platinum. 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)$19.3M
IMPORTS (2022)$606k
NET TRADE (2022)$18.7M

In 2022, Colombia exported $19.3M in Platinum. The main destinations of Colombia exports on Platinum were United States ($15.8M), Italy ($2.48M), United Arab Emirates ($727k), Switzerland ($189k), and France ($188k).

In 2022, Colombia imported $606k in Platinum, mainly from United States ($481k), Italy ($102k), Hong Kong ($10.8k), China ($10.4k), and Switzerland ($1.94k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Italy$603k (32.1%)
Switzerland$153k (424%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Colombia WERE (2021 - 2022):
United States-$2.94M (-15.7%)
France-$777k (-80.5%)
Russia-$427k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Platinum were:
In 2022, Colombia's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.4M
TOP IMPORT POTENTIALUnited States+ $539k

Platinum’s highest export potential is United States. With an export gap of $10.4M.   Platinum’s highest import potential is United States with an import gap of $539k.

See methodology.

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