2023
Exports
$2.64MWorld Rnk 69 / 188
Flag Rnk 426 / 1150
2023
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.24Rnk 94 / 1025
2023
Imports
$161MWorld Rnk 41 / 220
Flag Rnk 77 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $2.64M in Spark-Ignition Engines, making it the 69th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 426th most exported product in Colombia. The main destination of Spark-Ignition Engines exports from Colombia are: United States ($1.71M), Peru ($375k), Ecuador ($188k), Mexico ($148k), and Panama ($75.3k).

The fastest growing export markets for Spark-Ignition Engines of Colombia between 2022 and 2023 were Peru ($221k), Ecuador ($174k), and Mexico ($141k).

Imports In 2023, Colombia imported $161M in Spark-Ignition Engines, becoming the 41st largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 77th most imported product in Colombia. Colombia imports Spark-Ignition Engines primarily from: Brazil ($43.2M), China ($25.2M), Japan ($22.9M), United States ($19.4M), and Spain ($18.3M).

The fastest growing import markets in Spark-Ignition Engines for Colombia between 2022 and 2023 were Israel ($6.55M), United States ($4.49M), and Australia ($470k).

Latest Trends

Dec 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 Spark-Ignition Engines. 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)$2.64M
IMPORTS (2023)$161M
NET TRADE (2023)-$158M

In 2023, Colombia exported $2.64M in Spark-Ignition Engines. The main destinations of Colombia exports on Spark-Ignition Engines were United States ($1.71M), Peru ($375k), Ecuador ($188k), Mexico ($148k), and Panama ($75.3k).

In 2023, Colombia imported $161M in Spark-Ignition Engines, mainly from Brazil ($43.2M), China ($25.2M), Japan ($22.9M), United States ($19.4M), and Spain ($18.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Peru$221k (143%)
Ecuador$174k (1.32k%)
Mexico$141k (2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Colombia WERE (2022 - 2023):
United States-$2.78M (-61.9%)
Panama-$441k (-85.4%)
Austria-$209k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Spark-Ignition Engines were:
In 2023, Colombia's main importing competitors in Spark-Ignition Engines were:

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.21M
TOP IMPORT POTENTIALUnited States+ $11.9M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $4.21M.   Spark-Ignition Engines’s highest import potential is United States with an import gap of $11.9M.

See methodology.

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