2022
Exports
$7.68kWorld Rnk 71 / 111
Flag Rnk 1034 / 1142
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$204kWorld Rnk 53 / 168
Flag Rnk 1049 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $7.68k in Watch Movements, making it the 71st largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1034th most exported product in Colombia. The main destination of Watch Movements exports from Colombia are: Guatemala ($5.49k), Peru ($1.89k), and Switzerland ($295).

The fastest growing export markets for Watch Movements of Colombia between 2021 and 2022 were Guatemala ($5.49k), Peru ($1.89k), and Switzerland ($215).

Imports In 2022, Colombia imported $204k in Watch Movements, becoming the 53rd largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1049th most imported product in Colombia. Colombia imports Watch Movements primarily from: United States ($121k), Switzerland ($65.8k), Hong Kong ($15.1k), Italy ($1.52k), and China ($680).

The fastest growing import markets in Watch Movements for Colombia between 2021 and 2022 were United States ($37k), Italy ($1.52k), and Switzerland ($942).

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 Watch Movements. 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)$7.68k
IMPORTS (2022)$204k
NET TRADE (2022)-$197k

In 2022, Colombia exported $7.68k in Watch Movements. The main destinations of Colombia exports on Watch Movements were Guatemala ($5.49k), Peru ($1.89k), and Switzerland ($295).

In 2022, Colombia imported $204k in Watch Movements, mainly from United States ($121k), Switzerland ($65.8k), Hong Kong ($15.1k), Italy ($1.52k), and China ($680).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Guatemala$5.49k (1%)
Peru$1.89k (1%)
Switzerland$215 (269%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Colombia WERE (2021 - 2022):
Canada-$123 (-100%)
France-$95 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $841
TOP IMPORT POTENTIALSwitzerland+ $18.7k

Watch Movements’s highest export potential is Switzerland. With an export gap of $841.   Watch Movements’s highest import potential is Switzerland with an import gap of $18.7k.

See methodology.

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