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Colombia Trade Summary

2021

Colombia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR COLOMBIA 2021

Overall Exports and Imports for Colombia 2021

Exports and imports of Colombia in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 41,390 million.
  • The total value of imports (CIF) was 61,099 million.
  • At the HS6 digit level, 3,409 products were exported to 178 countries and 4,184 products were imported from 197 countries.

Colombia top 5 Export and Import partners 2021

Top five countries to which Colombia exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Colombia exports to United States worth US$ 11,624 million, with a partner share of 28.08 percent.
  2. Colombia exports to China worth US$ 3,661 million, with a partner share of 8.85 percent.
  3. Colombia exports to Panama worth US$ 2,385 million, with a partner share of 5.76 percent.
  4. Colombia exports to India worth US$ 2,239 million, with a partner share of 5.41 percent.
  5. Colombia exports to Brazil worth US$ 2,049 million, with a partner share of 4.95 percent.

Top five countries from which Colombia imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Colombia imports from China worth US$ 14,796 million, with a partner share of 24.22 percent.
  2. Colombia imports from United States worth US$ 14,192 million, with a partner share of 23.23 percent.
  3. Colombia imports from Mexico worth US$ 3,800 million, with a partner share of 6.22 percent.
  4. Colombia imports from Brazil worth US$ 3,502 million, with a partner share of 5.73 percent.
  5. Colombia imports from Germany worth US$ 2,065 million, with a partner share of 3.38 percent.

Colombia Top 5 Productsexports imports at HS 6 digit level 2021

The top five exported HS 6 digit level products to world by Colombia along with trade value are:

  1. Colombia exported Petroleum oils and oils obtained from bituminou , worth 11,200,541.49 (US$ Thousands).
  2. Colombia exported Bituminous coal, not agglomerated , worth 4,373,198.57 (US$ Thousands).
  3. Colombia exported Coffee, not roasted or decaffeinated , worth 3,091,838.24 (US$ Thousands).
  4. Colombia exported Gold in unwrought forms non-monetary , worth 2,997,669.16 (US$ Thousands).
  5. Colombia exported Petroleum oils, etc, (excl. crude); preparation , worth 2,143,559.79 (US$ Thousands).

The top five imported HS 6 digit level products from world by Colombia along with trade value are

  1. Colombia imported Petroleum oils, etc, (excl. crude); preparation , worth 3,515,372.06 (US$ Thousands).
  2. Colombia imported Transmission apparatus, for radioteleph incorpo , worth 2,633,221.88 (US$ Thousands).
  3. Colombia imported Maize (excl. seed) , worth 1,741,166.27 (US$ Thousands).
  4. Colombia imported Other medicaments of mixed or unmixed products, , worth 1,446,126.57 (US$ Thousands).
  5. Colombia imported Automobiles with reciprocating piston engine di , worth 1,066,913.46 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Colombia in 2021 are below

  • The maximum rate of tariff in percentage on any product was 80 percent.
  • The simple average tariff across all products was 3.19 percent.
  • The trade weighted average tariff was 2.58 .
  • The total duty free imports in thousands of US dollars were 39,802,834.73 and duty free tariff line items share was 75.40 percent.

Development Indicators 2021

Key Development Indicators of Colombia in 2021 are below

  • Colombia GDP in current US dollar was 318,512 million.
  • GNI per capita, Atlas method (current US$) was 6,220.00 .
  • Colombia Trade balance: as % of GDP was -7.59.
  • Trade balance in current US$ was -24,172.00 million.
  • Trade as percentage of GDP was 40.25 .
  • Trade in services as percentage of GDP was 7.02 .

Trade Indicators 2021

Trade Indicators for Colombia in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 6.67.
  • World Growth in percentage was 12.50 and Colombia Country Growth was 14.97 .