2022
Exports
$23.2MWorld Rnk 62 / 224
Flag Rnk 145 / 1142
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$286MWorld Rnk 52 / 224
Flag Rnk 49 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $23.2M in Valves, making it the 62nd largest exporter of Valves in the world. At the same year, Valves was the 145th most exported product in Colombia. The main destination of Valves exports from Colombia are: Peru ($5.29M), Mexico ($3.99M), Ecuador ($2.61M), Costa Rica ($2.15M), and Guatemala ($1.87M).

The fastest growing export markets for Valves of Colombia between 2021 and 2022 were Peru ($617k), Ecuador ($467k), and Mexico ($392k).

Imports In 2022, Colombia imported $286M in Valves, becoming the 52nd largest importer of Valves in the world. At the same year, Valves was the 49th most imported product in Colombia. Colombia imports Valves primarily from: China ($103M), United States ($85.3M), Germany ($13.7M), Italy ($12.9M), and Mexico ($10.6M).

The fastest growing import markets in Valves for Colombia between 2021 and 2022 were United States ($21.9M), China ($12M), and India ($2.47M).

Latest Trends

Jul 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 Valves. 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)$23.2M
IMPORTS (2022)$286M
NET TRADE (2022)-$263M

In 2022, Colombia exported $23.2M in Valves. The main destinations of Colombia exports on Valves were Peru ($5.29M), Mexico ($3.99M), Ecuador ($2.61M), Costa Rica ($2.15M), and Guatemala ($1.87M).

In 2022, Colombia imported $286M in Valves, mainly from China ($103M), United States ($85.3M), Germany ($13.7M), Italy ($12.9M), and Mexico ($10.6M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Peru$617k (13.2%)
Ecuador$467k (21.8%)
Mexico$392k (10.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Colombia WERE (2021 - 2022):
United States-$867k (-43.6%)
Guatemala-$614k (-24.8%)
Honduras-$302k (-35.6%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.62M
TOP IMPORT POTENTIALChina+ $32.8M

Valves’s highest export potential is United States. With an export gap of $4.62M.   Valves’s highest import potential is China with an import gap of $32.8M.

See methodology.

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