2023
Exports
$324kWorld Rnk 67 / 160
Flag Rnk 736 / 1150
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$51.9MWorld Rnk 25 / 221
Flag Rnk 223 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $324k in Pure Olive Oil, making it the 67th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 736th most exported product in Colombia. The main destination of Pure Olive Oil exports from Colombia are: Panama ($309k), Costa Rica ($12.2k), Venezuela ($922), United States ($646), and Spain ($342).

The fastest growing export markets for Pure Olive Oil of Colombia between 2022 and 2023 were Panama ($295k), Costa Rica ($12.2k), and Venezuela ($922).

Imports In 2023, Colombia imported $51.9M in Pure Olive Oil, becoming the 25th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 223rd most imported product in Colombia. Colombia imports Pure Olive Oil primarily from: Spain ($43.3M), Turkey ($3.56M), Portugal ($2.75M), Italy ($1.15M), and Peru ($493k).

The fastest growing import markets in Pure Olive Oil for Colombia between 2022 and 2023 were Spain ($4.44M), Turkey ($3.56M), and Peru ($260k).

COMPANIES In 2024, leading companies such as Chiquita (1) were at the forefront of shipping Pure Olive Oil from Colombia to the United States.

Latest Trends

Dec 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 (2023)$324k
IMPORTS (2023)$51.9M
NET TRADE (2023)-$51.5M

In 2023, Colombia exported $324k in Pure Olive Oil. The main destinations of Colombia exports on Pure Olive Oil were Panama ($309k), Costa Rica ($12.2k), Venezuela ($922), United States ($646), and Spain ($342).

In 2023, Colombia imported $51.9M in Pure Olive Oil, mainly from Spain ($43.3M), Turkey ($3.56M), Portugal ($2.75M), Italy ($1.15M), and Peru ($493k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Panama$295k (2.03k%)
Costa Rica$12.2k (1%)
Venezuela$922 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Colombia WERE (2022 - 2023):
Guatemala-$8.76k (-100%)
Ecuador-$8.23k (-97.6%)
Cuba-$942 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, 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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