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Exports In 2022, Colombia exported $255k in Vegetable waxes and beeswax, making it the 51st largest exporter of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 748th most exported product in Colombia. The main destination of Vegetable waxes and beeswax exports from Colombia are: Germany ($129k), United States ($70k), Canada ($50.8k), Belgium ($3.17k), and Ecuador ($988).

The fastest growing export markets for Vegetable waxes and beeswax of Colombia between 2021 and 2022 were Germany ($129k), Belgium ($3.17k), and Ecuador ($988).

Imports In 2022, Colombia imported $1.74M in Vegetable waxes and beeswax, becoming the 29th largest importer of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 859th most imported product in Colombia. Colombia imports Vegetable waxes and beeswax primarily from: Brazil ($787k), United States ($403k), Indonesia ($173k), France ($115k), and China ($99.3k).

The fastest growing import markets in Vegetable waxes and beeswax for Colombia between 2021 and 2022 were Brazil ($235k), United States ($43.5k), and France ($37.1k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Vegetable waxes and beeswax. 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)$255k
IMPORTS (2022)$1.74M
NET TRADE (2022)-$1.49M

In 2022, Colombia exported $255k in Vegetable waxes and beeswax. The main destinations of Colombia exports on Vegetable waxes and beeswax were Germany ($129k), United States ($70k), Canada ($50.8k), Belgium ($3.17k), and Ecuador ($988).

In 2022, Colombia imported $1.74M in Vegetable waxes and beeswax, mainly from Brazil ($787k), United States ($403k), Indonesia ($173k), France ($115k), and China ($99.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable waxes and beeswax EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Germany$129k (1%)
Belgium$3.17k (1%)
Ecuador$988 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable waxes and beeswax BY Colombia WERE (2021 - 2022):
United States-$22.6k (-24.4%)
Canada-$17k (-25.1%)
Slovenia-$900 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Colombia's main exporting competitors in Vegetable waxes and beeswax were:
Brazil $98.5M
China $60.4M
Germany $33.7M
In 2022, Colombia's main importing competitors in Vegetable waxes and beeswax were:

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Trade Value of Vegetable waxes and beeswax by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $74.2k
TOP IMPORT POTENTIALBrazil+ $245k

Vegetable waxes and beeswax’s highest export potential is United States. With an export gap of $74.2k.   Vegetable waxes and beeswax’s highest import potential is Brazil with an import gap of $245k.

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