2023
Exports
$6.96MWorld Rnk 50 / 186
Flag Rnk 289 / 1150
2023
PRODUCT COMPLEXITY IN Salt
-1.25Rnk 889 / 1025
2023
Imports
$8.01MWorld Rnk 73 / 222
Flag Rnk 558 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $6.96M in Salt, making it the 50th largest exporter of Salt in the world. At the same year, Salt was the 289th most exported product in Colombia. The main destination of Salt exports from Colombia are: Honduras ($2.14M), Costa Rica ($1.93M), United States ($1.31M), Panama ($484k), and Dominican Republic ($387k).

The fastest growing export markets for Salt of Colombia between 2022 and 2023 were Honduras ($979k), Costa Rica ($707k), and Panama ($148k).

Imports In 2023, Colombia imported $8.01M in Salt, becoming the 73rd largest importer of Salt in the world. At the same year, Salt was the 558th most imported product in Colombia. Colombia imports Salt primarily from: Peru ($4.1M), United States ($2.14M), Dominican Republic ($972k), Germany ($281k), and Pakistan ($120k).

The fastest growing import markets in Salt for Colombia between 2022 and 2023 were Chinese Taipei ($76.3k), United Kingdom ($47.2k), and China ($24.5k).

COMPANIES In 2024, leading companies such as Rothfos (1) were at the forefront of shipping Salt 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 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 (2023)$6.96M
IMPORTS (2023)$8.01M
NET TRADE (2023)-$1.05M

In 2023, Colombia exported $6.96M in Salt. The main destinations of Colombia exports on Salt were Honduras ($2.14M), Costa Rica ($1.93M), United States ($1.31M), Panama ($484k), and Dominican Republic ($387k).

In 2023, Colombia imported $8.01M in Salt, mainly from Peru ($4.1M), United States ($2.14M), Dominican Republic ($972k), Germany ($281k), and Pakistan ($120k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Honduras$979k (84.6%)
Costa Rica$707k (57.9%)
Panama$148k (43.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Colombia WERE (2022 - 2023):
Spain-$29.8k (-74.8%)
Guatemala-$27.5k (-14.4%)
Trinidad and Tobago-$20.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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