2023
Exports
$2.68MWorld Rnk 24 / 70
Flag Rnk 423 / 1150
2023
PRODUCT COMPLEXITY IN Tar
-0.029Rnk 570 / 1025
2023
Imports
$834kWorld Rnk 24 / 104
Flag Rnk 912 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $2.68M in Tar, making it the 24th largest exporter of Tar in the world. At the same year, Tar was the 423rd most exported product in Colombia. The main destination of Tar exports from Colombia are: United States ($2.66M) and Spain ($18.4k).

The fastest growing export markets for Tar of Colombia between 2022 and 2023 were United States ($2.36M) and Spain ($18.4k).

Imports In 2023, Colombia imported $834k in Tar, becoming the 24th largest importer of Tar in the world. At the same year, Tar was the 912th most imported product in Colombia. Colombia imports Tar primarily from: United States ($816k) and Mexico ($17.8k).

The fastest growing import markets in Tar for Colombia between 2022 and 2023 were United States ($801k) and Mexico ($17.8k).

Latest Trends

Jan 2025

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 Tar. 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)$2.68M
IMPORTS (2023)$834k
NET TRADE (2023)$1.85M

In 2023, Colombia exported $2.68M in Tar. The main destinations of Colombia exports on Tar were United States ($2.66M) and Spain ($18.4k).

In 2023, Colombia imported $834k in Tar, mainly from United States ($816k) and Mexico ($17.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
United States$2.36M (768%)
Spain$18.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY Colombia WERE (2022 - 2023):Canada-$2.48M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $177k
TOP IMPORT POTENTIALUnited States+ $9.4k

Tar’s highest export potential is United States. With an export gap of $177k.   Tar’s highest import potential is United States with an import gap of $9.4k.

See methodology.

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