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Exports In 2022, Colombia exported $14.7k in Wool Grease, making it the 53rd largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 1011th most exported product in Colombia. The main destination of Wool Grease exports from Colombia are: United States ($10.4k) and Dominican Republic ($4.23k).

The fastest growing export markets for Wool Grease of Colombia between 2021 and 2022 were Dominican Republic ($4.23k) and United States ($1.44k).

Imports In 2022, Colombia imported $2.84M in Wool Grease, becoming the 18th largest importer of Wool Grease in the world. At the same year, Wool Grease was the 788th most imported product in Colombia. Colombia imports Wool Grease primarily from: Brazil ($1.39M), Uruguay ($886k), China ($287k), United States ($90.9k), and India ($71.9k).

The fastest growing import markets in Wool Grease for Colombia between 2021 and 2022 were Brazil ($529k), China ($214k), and United Kingdom ($40.5k).

Latest Trends

Aug 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 Wool Grease. 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)$14.7k
IMPORTS (2022)$2.84M
NET TRADE (2022)-$2.83M

In 2022, Colombia exported $14.7k in Wool Grease. The main destinations of Colombia exports on Wool Grease were United States ($10.4k) and Dominican Republic ($4.23k).

In 2022, Colombia imported $2.84M in Wool Grease, mainly from Brazil ($1.39M), Uruguay ($886k), China ($287k), United States ($90.9k), and India ($71.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$1.44k (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool Grease BY Colombia WERE (2021 - 2022):Mexico-$2.78k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $8.98k
TOP IMPORT POTENTIALChina+ $133k

Wool Grease’s highest export potential is United States. With an export gap of $8.98k.   Wool Grease’s highest import potential is China with an import gap of $133k.

See methodology.

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