2022
Exports
$5.91kWorld Rnk 86 / 133
Flag Rnk 1048 / 1142
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$1.5MWorld Rnk 55 / 192
Flag Rnk 880 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $5.91k in Silk Fabrics, making it the 86th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 1048th most exported product in Colombia. The main destination of Silk Fabrics exports from Colombia are: United States ($4.44k), Ireland ($609), Panama ($379), United Arab Emirates ($342), and Honduras ($148).

The fastest growing export markets for Silk Fabrics of Colombia between 2021 and 2022 were United States ($4.44k), Ireland ($609), and United Arab Emirates ($342).

Imports In 2022, Colombia imported $1.5M in Silk Fabrics, becoming the 55th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 880th most imported product in Colombia. Colombia imports Silk Fabrics primarily from: South Korea ($749k), Italy ($308k), United States ($214k), China ($194k), and Portugal ($17k).

The fastest growing import markets in Silk Fabrics for Colombia between 2021 and 2022 were South Korea ($502k), United States ($142k), and China ($128k).

Latest Trends

Aug 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 Silk Fabrics. 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)$5.91k
IMPORTS (2022)$1.5M
NET TRADE (2022)-$1.5M

In 2022, Colombia exported $5.91k in Silk Fabrics. The main destinations of Colombia exports on Silk Fabrics were United States ($4.44k), Ireland ($609), Panama ($379), United Arab Emirates ($342), and Honduras ($148).

In 2022, Colombia imported $1.5M in Silk Fabrics, mainly from South Korea ($749k), Italy ($308k), United States ($214k), China ($194k), and Portugal ($17k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$4.44k (1%)
Ireland$609 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Colombia WERE (2021 - 2022):
Israel-$5k (-100%)
Norway-$1.19k (-100%)
Panama-$318 (-45.6%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Colombia's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.42k
TOP IMPORT POTENTIALChina+ $196k

Silk Fabrics’s highest export potential is United States. With an export gap of $5.42k.   Silk Fabrics’s highest import potential is China with an import gap of $196k.

See methodology.

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