2022
Exports
$267kWorld Rnk 66 / 200
Flag Rnk 743 / 1142
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$18.3MWorld Rnk 43 / 219
Flag Rnk 427 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $267k in Wrenches, making it the 66th largest exporter of Wrenches in the world. At the same year, Wrenches was the 743rd most exported product in Colombia. The main destination of Wrenches exports from Colombia are: El Salvador ($77.7k), Brazil ($32.9k), Suriname ($23.6k), Ecuador ($21k), and Peru ($19.7k).

The fastest growing export markets for Wrenches of Colombia between 2021 and 2022 were Brazil ($32.5k), Suriname ($23.6k), and El Salvador ($16.4k).

Imports In 2022, Colombia imported $18.3M in Wrenches, becoming the 43rd largest importer of Wrenches in the world. At the same year, Wrenches was the 427th most imported product in Colombia. Colombia imports Wrenches primarily from: China ($11.2M), Chinese Taipei ($2.29M), United States ($1.67M), India ($1.47M), and Mexico ($793k).

The fastest growing import markets in Wrenches for Colombia between 2021 and 2022 were China ($2.25M), Chinese Taipei ($563k), and India ($465k).

Latest Trends

Oct 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 Wrenches. 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)$267k
IMPORTS (2022)$18.3M
NET TRADE (2022)-$18M

In 2022, Colombia exported $267k in Wrenches. The main destinations of Colombia exports on Wrenches were El Salvador ($77.7k), Brazil ($32.9k), Suriname ($23.6k), Ecuador ($21k), and Peru ($19.7k).

In 2022, Colombia imported $18.3M in Wrenches, mainly from China ($11.2M), Chinese Taipei ($2.29M), United States ($1.67M), India ($1.47M), and Mexico ($793k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Brazil$32.5k (7.02k%)
Suriname$23.6k (1%)
El Salvador$16.4k (26.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Colombia WERE (2021 - 2022):
Venezuela-$64.6k (-100%)
Costa Rica-$59.2k (-94.2%)
Guatemala-$15.2k (-83.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $44.7k
TOP IMPORT POTENTIALIndia+ $610k

Wrenches’s highest export potential is Brazil. With an export gap of $44.7k.   Wrenches’s highest import potential is India with an import gap of $610k.

See methodology.

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