2022
Exports
$25.1kWorld Rnk 99 / 146
Flag Rnk 982 / 1142
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$48.4MWorld Rnk 28 / 218
Flag Rnk 264 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $25.1k in Pure Olive Oil, making it the 99th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 982nd most exported product in Colombia. The main destination of Pure Olive Oil exports from Colombia are: Panama ($14.3k), Guatemala ($8.46k), Ecuador ($1.63k), Spain ($612), and Aruba ($60).

The fastest growing export markets for Pure Olive Oil of Colombia between 2021 and 2022 were Panama ($10.8k), Guatemala ($8.45k), and Ecuador ($940).

Imports In 2022, Colombia imported $48.4M in Pure Olive Oil, becoming the 28th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 264th most imported product in Colombia. Colombia imports Pure Olive Oil primarily from: Spain ($42.4M), Portugal ($3.27M), Italy ($1.16M), Argentina ($804k), and Peru ($275k).

The fastest growing import markets in Pure Olive Oil for Colombia between 2021 and 2022 were Spain ($6.82M), Portugal ($618k), and Argentina ($366k).

Latest Trends

Aug 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 Pure Olive Oil. 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)$25.1k
IMPORTS (2022)$48.4M
NET TRADE (2022)-$48.3M

In 2022, Colombia exported $25.1k in Pure Olive Oil. The main destinations of Colombia exports on Pure Olive Oil were Panama ($14.3k), Guatemala ($8.46k), Ecuador ($1.63k), Spain ($612), and Aruba ($60).

In 2022, Colombia imported $48.4M in Pure Olive Oil, mainly from Spain ($42.4M), Portugal ($3.27M), Italy ($1.16M), Argentina ($804k), and Peru ($275k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Panama$10.8k (311%)
Guatemala$8.45k (84.5k%)
Ecuador$940 (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Colombia WERE (2021 - 2022):
Venezuela-$4.43k (-100%)
Curaçao-$383 (-100%)
Chile-$171 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Colombia's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $5.81k
TOP IMPORT POTENTIALItaly+ $1.18M

Pure Olive Oil’s highest export potential is Panama. With an export gap of $5.81k.   Pure Olive Oil’s highest import potential is Italy with an import gap of $1.18M.

See methodology.

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