2022
Exports
$6.87MWorld Rnk 45 / 130
Flag Rnk 281 / 1142
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$345MWorld Rnk 13 / 189
Flag Rnk 37 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $6.87M in Potassic Fertilizers, making it the 45th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 281st most exported product in Colombia. The main destination of Potassic Fertilizers exports from Colombia are: Costa Rica ($3.08M), El Salvador ($3.08M), Venezuela ($251k), Dominican Republic ($202k), and Ecuador ($158k).

The fastest growing export markets for Potassic Fertilizers of Colombia between 2021 and 2022 were El Salvador ($3.08M), Costa Rica ($3.08M), and Venezuela ($171k).

Imports In 2022, Colombia imported $345M in Potassic Fertilizers, becoming the 13th largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 37th most imported product in Colombia. Colombia imports Potassic Fertilizers primarily from: Canada ($115M), Germany ($79.6M), United States ($54.5M), Belarus ($36.6M), and Chile ($29.6M).

The fastest growing import markets in Potassic Fertilizers for Colombia between 2021 and 2022 were Germany ($39.4M), United States ($24.7M), and Chile ($23.9M).

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 Potassic Fertilizers. 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)$6.87M
IMPORTS (2022)$345M
NET TRADE (2022)-$338M

In 2022, Colombia exported $6.87M in Potassic Fertilizers. The main destinations of Colombia exports on Potassic Fertilizers were Costa Rica ($3.08M), El Salvador ($3.08M), Venezuela ($251k), Dominican Republic ($202k), and Ecuador ($158k).

In 2022, Colombia imported $345M in Potassic Fertilizers, mainly from Canada ($115M), Germany ($79.6M), United States ($54.5M), Belarus ($36.6M), and Chile ($29.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
El Salvador$3.08M (154M%)
Costa Rica$3.08M (62.9k%)
Venezuela$171k (214%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Colombia WERE (2021 - 2022):
Chile-$389k (-100%)
Panama-$200k (-72%)
United States-$30.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Potassic Fertilizers were:
Canada $13.4B
Russia $4.93B
Germany $2.73B
In 2022, Colombia's main importing competitors in Potassic Fertilizers were:

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEcuador+ $226k
TOP IMPORT POTENTIALCanada+ $6.73M

Potassic Fertilizers’s highest export potential is Ecuador. With an export gap of $226k.   Potassic Fertilizers’s highest import potential is Canada with an import gap of $6.73M.

See methodology.

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