2022
Exports
$419kWorld Rnk 40 / 109
Flag Rnk 682 / 1142
2022
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts
-0.0094Rnk 550 / 1025
2022
Imports
$6.06MWorld Rnk 26 / 180
Flag Rnk 661 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $419k in Synthetic Tanning Extracts, making it the 40th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 682nd most exported product in Colombia. The main destination of Synthetic Tanning Extracts exports from Colombia are: Venezuela ($149k), Indonesia ($69.5k), Brazil ($54.1k), Chile ($49.9k), and Ecuador ($43.4k).

The fastest growing export markets for Synthetic Tanning Extracts of Colombia between 2021 and 2022 were Venezuela ($125k), Chile ($42.3k), and Brazil ($38.9k).

Imports In 2022, Colombia imported $6.06M in Synthetic Tanning Extracts, becoming the 26th largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 661st most imported product in Colombia. Colombia imports Synthetic Tanning Extracts primarily from: South Africa ($1.55M), China ($1.29M), Italy ($1.28M), Spain ($677k), and India ($413k).

The fastest growing import markets in Synthetic Tanning Extracts for Colombia between 2021 and 2022 were South Africa ($1.47M), China ($1.06M), and Italy ($374k).

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 Tanning Extracts. 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)$419k
IMPORTS (2022)$6.06M
NET TRADE (2022)-$5.64M

In 2022, Colombia exported $419k in Synthetic Tanning Extracts. The main destinations of Colombia exports on Synthetic Tanning Extracts were Venezuela ($149k), Indonesia ($69.5k), Brazil ($54.1k), Chile ($49.9k), and Ecuador ($43.4k).

In 2022, Colombia imported $6.06M in Synthetic Tanning Extracts, mainly from South Africa ($1.55M), China ($1.29M), Italy ($1.28M), Spain ($677k), and India ($413k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$125k (530%)
Chile$42.3k (556%)
Brazil$38.9k (257%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY Colombia WERE (2021 - 2022):
Ecuador-$14.4k (-25%)
Peru-$14.1k (-100%)
El Salvador-$6.18k (-25.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Synthetic Tanning Extracts were:
Italy $123M
Germany $86.6M
Spain $66.2M
In 2022, Colombia's main importing competitors in Synthetic Tanning Extracts were:
China $86.5M
Italy $56.3M
Brazil $42.3M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $57.4k
TOP IMPORT POTENTIALIndia+ $190k

Synthetic Tanning Extracts’s highest export potential is Brazil. With an export gap of $57.4k.   Synthetic Tanning Extracts’s highest import potential is India with an import gap of $190k.

See methodology.

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