2022
Exports
$15MWorld Rnk 41 / 176
Flag Rnk 187 / 1142
2022
PRODUCT COMPLEXITY IN Synthetic Coloring Matter
0.71Rnk 271 / 1025
2022
Imports
$129MWorld Rnk 28 / 215
Flag Rnk 126 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $15M in Synthetic Coloring Matter, making it the 41st largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 187th most exported product in Colombia. The main destination of Synthetic Coloring Matter exports from Colombia are: Ecuador ($4.55M), Mexico ($2M), Brazil ($1.06M), Dominican Republic ($962k), and Costa Rica ($907k).

The fastest growing export markets for Synthetic Coloring Matter of Colombia between 2021 and 2022 were Mexico ($826k), Bolivia ($280k), and Dominican Republic ($267k).

Imports In 2022, Colombia imported $129M in Synthetic Coloring Matter, becoming the 28th largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 126th most imported product in Colombia. Colombia imports Synthetic Coloring Matter primarily from: Brazil ($34.5M), India ($26.6M), China ($26.5M), United States ($8.19M), and Mexico ($6.96M).

The fastest growing import markets in Synthetic Coloring Matter for Colombia between 2021 and 2022 were Brazil ($3.95M), China ($2.53M), and Netherlands ($2.48M).

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 Synthetic Coloring Matter. 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)$15M
IMPORTS (2022)$129M
NET TRADE (2022)-$114M

In 2022, Colombia exported $15M in Synthetic Coloring Matter. The main destinations of Colombia exports on Synthetic Coloring Matter were Ecuador ($4.55M), Mexico ($2M), Brazil ($1.06M), Dominican Republic ($962k), and Costa Rica ($907k).

In 2022, Colombia imported $129M in Synthetic Coloring Matter, mainly from Brazil ($34.5M), India ($26.6M), China ($26.5M), United States ($8.19M), and Mexico ($6.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Mexico$826k (70.1%)
Bolivia$280k (166%)
Dominican Republic$267k (38.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY Colombia WERE (2021 - 2022):
United States-$324k (-54.4%)
Ecuador-$181k (-3.82%)
Panama-$165k (-19.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Synthetic Coloring Matter were:
China $3.05B
India $2.92B
Germany $1.36B
In 2022, Colombia's main importing competitors in Synthetic Coloring Matter were:

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Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $1.24M
TOP IMPORT POTENTIALIndia+ $7.88M

Synthetic Coloring Matter’s highest export potential is Brazil. With an export gap of $1.24M.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $7.88M.

See methodology.

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