2022
Exports
$427kWorld Rnk 51 / 142
Flag Rnk 680 / 1142
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$9.28MWorld Rnk 52 / 188
Flag Rnk 575 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $427k in Tool Plates, making it the 51st largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 680th most exported product in Colombia. The main destination of Tool Plates exports from Colombia are: Panama ($290k), Mexico ($73.4k), Argentina ($20.5k), Peru ($15.6k), and Tanzania ($12.3k).

The fastest growing export markets for Tool Plates of Colombia between 2021 and 2022 were Panama ($289k), Mexico ($47.7k), and Peru ($15.6k).

Imports In 2022, Colombia imported $9.28M in Tool Plates, becoming the 52nd largest importer of Tool Plates in the world. At the same year, Tool Plates was the 575th most imported product in Colombia. Colombia imports Tool Plates primarily from: United States ($2.23M), Luxembourg ($1.58M), Germany ($1.44M), China ($705k), and India ($700k).

The fastest growing import markets in Tool Plates for Colombia between 2021 and 2022 were Netherlands ($553k), United States ($388k), and China ($303k).

Latest Trends

Nov 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 Tool Plates. 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)$427k
IMPORTS (2022)$9.28M
NET TRADE (2022)-$8.85M

In 2022, Colombia exported $427k in Tool Plates. The main destinations of Colombia exports on Tool Plates were Panama ($290k), Mexico ($73.4k), Argentina ($20.5k), Peru ($15.6k), and Tanzania ($12.3k).

In 2022, Colombia imported $9.28M in Tool Plates, mainly from United States ($2.23M), Luxembourg ($1.58M), Germany ($1.44M), China ($705k), and India ($700k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Panama$289k (39.4k%)
Mexico$47.7k (186%)
Peru$15.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Colombia WERE (2021 - 2022):
Argentina-$25k (-55%)
Israel-$11.5k (-100%)
Romania-$7.75k (-73.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Colombia's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $63.9k
TOP IMPORT POTENTIALGermany+ $638k

Tool Plates’s highest export potential is Mexico. With an export gap of $63.9k.   Tool Plates’s highest import potential is Germany with an import gap of $638k.

See methodology.

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