2022
Exports
$505kWorld Rnk 52 / 155
Flag Rnk 654 / 1142
2022
PRODUCT COMPLEXITY IN Safes
0.76Rnk 261 / 1025
2022
Imports
$4.32MWorld Rnk 51 / 216
Flag Rnk 714 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $505k in Safes, making it the 52nd largest exporter of Safes in the world. At the same year, Safes was the 654th most exported product in Colombia. The main destination of Safes exports from Colombia are: Dominican Republic ($148k), United States ($114k), Panama ($71.7k), Ecuador ($48.1k), and Brazil ($35k).

The fastest growing export markets for Safes of Colombia between 2021 and 2022 were United States ($66.5k), Brazil ($35k), and Ecuador ($19.2k).

Imports In 2022, Colombia imported $4.32M in Safes, becoming the 51st largest importer of Safes in the world. At the same year, Safes was the 714th most imported product in Colombia. Colombia imports Safes primarily from: China ($3.65M), United States ($264k), Spain ($255k), Mexico ($33.9k), and France ($26.4k).

The fastest growing import markets in Safes for Colombia between 2021 and 2022 were China ($420k), Spain ($254k), and United States ($129k).

Latest Trends

Oct 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 Safes. 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)$505k
IMPORTS (2022)$4.32M
NET TRADE (2022)-$3.82M

In 2022, Colombia exported $505k in Safes. The main destinations of Colombia exports on Safes were Dominican Republic ($148k), United States ($114k), Panama ($71.7k), Ecuador ($48.1k), and Brazil ($35k).

In 2022, Colombia imported $4.32M in Safes, mainly from China ($3.65M), United States ($264k), Spain ($255k), Mexico ($33.9k), and France ($26.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$66.5k (141%)
Brazil$35k (1%)
Ecuador$19.2k (66.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY Colombia WERE (2021 - 2022):
Panama-$88.8k (-55.3%)
El Salvador-$38k (-92.6%)
United Kingdom-$8.94k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $140k
TOP IMPORT POTENTIALChina+ $245k

Safes’s highest export potential is United States. With an export gap of $140k.   Safes’s highest import potential is China with an import gap of $245k.

See methodology.

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