2022
Exports
$2.08MWorld Rnk 65 / 157
Flag Rnk 446 / 1142
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$62.9MWorld Rnk 36 / 215
Flag Rnk 231 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $2.08M in Unpackaged Medicaments, making it the 65th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 446th most exported product in Colombia. The main destination of Unpackaged Medicaments exports from Colombia are: Chile ($662k), Ecuador ($407k), Brazil ($257k), Panama ($188k), and Dominican Republic ($180k).

The fastest growing export markets for Unpackaged Medicaments of Colombia between 2021 and 2022 were Chile ($367k), Dominican Republic ($163k), and Brazil ($105k).

Imports In 2022, Colombia imported $62.9M in Unpackaged Medicaments, becoming the 36th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 231st most imported product in Colombia. Colombia imports Unpackaged Medicaments primarily from: China ($30.5M), India ($24.4M), United States ($2.31M), Italy ($1.64M), and Argentina ($1.21M).

The fastest growing import markets in Unpackaged Medicaments for Colombia between 2021 and 2022 were Italy ($1.3M), China ($1.1M), and Singapore ($457k).

Latest Trends

Sep 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 Unpackaged Medicaments. 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)$2.08M
IMPORTS (2022)$62.9M
NET TRADE (2022)-$60.8M

In 2022, Colombia exported $2.08M in Unpackaged Medicaments. The main destinations of Colombia exports on Unpackaged Medicaments were Chile ($662k), Ecuador ($407k), Brazil ($257k), Panama ($188k), and Dominican Republic ($180k).

In 2022, Colombia imported $62.9M in Unpackaged Medicaments, mainly from China ($30.5M), India ($24.4M), United States ($2.31M), Italy ($1.64M), and Argentina ($1.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Chile$367k (124%)
Dominican Republic$163k (942%)
Brazil$105k (69%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Colombia WERE (2021 - 2022):
Peru-$392k (-93%)
Guatemala-$358k (-99%)
India-$317k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Unpackaged Medicaments were:
In 2022, Colombia's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $289k
TOP IMPORT POTENTIALUnited States+ $2.13M

Unpackaged Medicaments’s highest export potential is Brazil. With an export gap of $289k.   Unpackaged Medicaments’s highest import potential is United States with an import gap of $2.13M.

See methodology.

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