2022
Exports
$4.77MWorld Rnk 58 / 184
Flag Rnk 338 / 1142
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$6.77MWorld Rnk 74 / 222
Flag Rnk 631 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $4.77M in Salt, making it the 58th largest exporter of Salt in the world. At the same year, Salt was the 338th most exported product in Colombia. The main destination of Salt exports from Colombia are: Honduras ($1.16M), Costa Rica ($1.15M), United States ($1.11M), Dominican Republic ($398k), and Panama ($332k).

The fastest growing export markets for Salt of Colombia between 2021 and 2022 were Costa Rica ($185k), Honduras ($121k), and Panama ($60.9k).

Imports In 2022, Colombia imported $6.77M in Salt, becoming the 74th largest importer of Salt in the world. At the same year, Salt was the 631st most imported product in Colombia. Colombia imports Salt primarily from: Peru ($1.96M), United States ($1.8M), Dominican Republic ($931k), Germany ($871k), and Chile ($434k).

The fastest growing import markets in Salt for Colombia between 2021 and 2022 were Chile ($428k), United States ($310k), and Germany ($108k).

Latest Trends

Nov 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 Salt. 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)$4.77M
IMPORTS (2022)$6.77M
NET TRADE (2022)-$2M

In 2022, Colombia exported $4.77M in Salt. The main destinations of Colombia exports on Salt were Honduras ($1.16M), Costa Rica ($1.15M), United States ($1.11M), Dominican Republic ($398k), and Panama ($332k).

In 2022, Colombia imported $6.77M in Salt, mainly from Peru ($1.96M), United States ($1.8M), Dominican Republic ($931k), Germany ($871k), and Chile ($434k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Costa Rica$185k (19.1%)
Honduras$121k (11.7%)
Panama$60.9k (22.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Colombia WERE (2021 - 2022):
El Salvador-$249k (-100%)
Peru-$51.1k (-86%)
United States-$44.2k (-3.81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05M
TOP IMPORT POTENTIALChile+ $265k

Salt’s highest export potential is United States. With an export gap of $1.05M.   Salt’s highest import potential is Chile with an import gap of $265k.

See methodology.

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