2022
Exports
$1.83MWorld Rnk 61 / 183
Flag Rnk 460 / 1142
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$67.5MWorld Rnk 39 / 221
Flag Rnk 211 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.83M in Therapeutic Appliances, making it the 61st largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 460th most exported product in Colombia. The main destination of Therapeutic Appliances exports from Colombia are: Ecuador ($509k), United States ($408k), Panama ($184k), Mexico ($116k), and Spain ($76.8k).

The fastest growing export markets for Therapeutic Appliances of Colombia between 2021 and 2022 were United States ($168k), Mexico ($107k), and Panama ($85k).

Imports In 2022, Colombia imported $67.5M in Therapeutic Appliances, becoming the 39th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 211th most imported product in Colombia. Colombia imports Therapeutic Appliances primarily from: China ($25.9M), United States ($13.8M), Singapore ($7.53M), Mexico ($3.49M), and Germany ($3.07M).

The fastest growing import markets in Therapeutic Appliances for Colombia between 2021 and 2022 were Netherlands ($1.23M), Israel ($423k), and South Korea ($278k).

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 Therapeutic Appliances. 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)$1.83M
IMPORTS (2022)$67.5M
NET TRADE (2022)-$65.7M

In 2022, Colombia exported $1.83M in Therapeutic Appliances. The main destinations of Colombia exports on Therapeutic Appliances were Ecuador ($509k), United States ($408k), Panama ($184k), Mexico ($116k), and Spain ($76.8k).

In 2022, Colombia imported $67.5M in Therapeutic Appliances, mainly from China ($25.9M), United States ($13.8M), Singapore ($7.53M), Mexico ($3.49M), and Germany ($3.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$168k (70.4%)
Mexico$107k (1.25k%)
Panama$85k (86.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Colombia WERE (2021 - 2022):
Chile-$115k (-90.8%)
Honduras-$70.9k (-93.1%)
Dominican Republic-$35.9k (-40.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Therapeutic Appliances were:
In 2022, Colombia's main importing competitors in Therapeutic Appliances were:

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $788k
TOP IMPORT POTENTIALChina+ $7.33M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $788k.   Therapeutic Appliances’s highest import potential is China with an import gap of $7.33M.

See methodology.

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