2023
Exports
$13.7MWorld Rnk 31 / 131
Flag Rnk 207 / 1150
2023
PRODUCT COMPLEXITY IN Rubber
-2.34Rnk 1011 / 1025
2023
Imports
$22.4MWorld Rnk 40 / 193
Flag Rnk 361 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $13.7M in Rubber, making it the 31st largest exporter of Rubber in the world. At the same year, Rubber was the 207th most exported product in Colombia. The main destination of Rubber exports from Colombia are: Brazil ($4.85M), Mexico ($3.63M), Peru ($1.63M), Chile ($1.14M), and Ecuador ($716k).

The fastest growing export markets for Rubber of Colombia between 2022 and 2023 were United States ($522k), Canada ($295k), and Mexico ($168k).

Imports In 2023, Colombia imported $22.4M in Rubber, becoming the 40th largest importer of Rubber in the world. At the same year, Rubber was the 361st most imported product in Colombia. Colombia imports Rubber primarily from: Guatemala ($11.7M), Indonesia ($8.23M), United States ($1.15M), Vietnam ($331k), and Spain ($274k).

The fastest growing import markets in Rubber for Colombia between 2022 and 2023 were United States ($1.11M), Chile ($26.4k), and Denmark ($7.77k).

COMPANIES In 2024, leading companies such as Rothfos (1) were at the forefront of shipping Rubber from Colombia to the United States.

Latest Trends

Dec 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 Rubber. 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)$13.7M
IMPORTS (2023)$22.4M
NET TRADE (2023)-$8.67M

In 2023, Colombia exported $13.7M in Rubber. The main destinations of Colombia exports on Rubber were Brazil ($4.85M), Mexico ($3.63M), Peru ($1.63M), Chile ($1.14M), and Ecuador ($716k).

In 2023, Colombia imported $22.4M in Rubber, mainly from Guatemala ($11.7M), Indonesia ($8.23M), United States ($1.15M), Vietnam ($331k), and Spain ($274k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$522k (618%)
Canada$295k (1%)
Mexico$168k (4.87%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Colombia WERE (2022 - 2023):
Chile-$1.43M (-55.6%)
Brazil-$1.08M (-18.2%)
Ecuador-$241k (-25.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Rubber were:
In 2023, Colombia's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $1.79M
TOP IMPORT POTENTIALIndonesia+ $3.48M

Rubber’s highest export potential is Brazil. With an export gap of $1.79M.   Rubber’s highest import potential is Indonesia with an import gap of $3.48M.

See methodology.

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