2022
Exports
$2.26MWorld Rnk 67 / 200
Flag Rnk 433 / 1142
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$40.6MWorld Rnk 56 / 220
Flag Rnk 294 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $2.26M in Navigation Equipment, making it the 67th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 433rd most exported product in Colombia. The main destination of Navigation Equipment exports from Colombia are: Peru ($628k), Chile ($335k), Ecuador ($332k), United States ($185k), and Brazil ($130k).

The fastest growing export markets for Navigation Equipment of Colombia between 2021 and 2022 were Peru ($579k), Canada ($112k), and United Arab Emirates ($67.9k).

Imports In 2022, Colombia imported $40.6M in Navigation Equipment, becoming the 56th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 294th most imported product in Colombia. Colombia imports Navigation Equipment primarily from: China ($15.2M), United States ($11.8M), Israel ($2.73M), Chinese Taipei ($1.36M), and Spain ($1.12M).

The fastest growing import markets in Navigation Equipment for Colombia between 2021 and 2022 were China ($4.15M), United States ($4.11M), and Israel ($1.91M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (1) were at the forefront of shipping Navigation Equipment from Colombia to the United States.

Latest Trends

Mar 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 Navigation Equipment. 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)$2.26M
IMPORTS (2022)$40.6M
NET TRADE (2022)-$38.3M

In 2022, Colombia exported $2.26M in Navigation Equipment. The main destinations of Colombia exports on Navigation Equipment were Peru ($628k), Chile ($335k), Ecuador ($332k), United States ($185k), and Brazil ($130k).

In 2022, Colombia imported $40.6M in Navigation Equipment, mainly from China ($15.2M), United States ($11.8M), Israel ($2.73M), Chinese Taipei ($1.36M), and Spain ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Peru$579k (1.19k%)
Canada$112k (1.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Colombia WERE (2021 - 2022):
South Korea-$2.1M (-100%)
United States-$584k (-75.9%)
Ecuador-$160k (-32.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Navigation Equipment by Exporters

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