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Colombia Trade Summary

2020

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 2020

Overall Exports and Imports for Colombia 2020

Exports and imports of Colombia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 31,056 million.
  • The total value of imports (CIF) was 43,487 million.
  • At the HS6 digit level, 3,403 products were exported to 187 countries and 4,171 products were imported from 194 countries.

Colombia top 5 Export and Import partners 2020

Top five countries to which Colombia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Colombia exports to United States worth US$ 9,465 million, with a partner share of 30.48 percent.
  2. Colombia exports to China worth US$ 2,751 million, with a partner share of 8.86 percent.
  3. Colombia exports to Ecuador worth US$ 1,474 million, with a partner share of 4.75 percent.
  4. Colombia exports to Panama worth US$ 1,429 million, with a partner share of 4.60 percent.
  5. Colombia exports to Brazil worth US$ 1,274 million, with a partner share of 4.10 percent.

Top five countries from which Colombia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Colombia imports from United States worth US$ 10,634 million, with a partner share of 24.45 percent.
  2. Colombia imports from China worth US$ 10,399 million, with a partner share of 23.91 percent.
  3. Colombia imports from Mexico worth US$ 2,926 million, with a partner share of 6.73 percent.
  4. Colombia imports from Brazil worth US$ 2,435 million, with a partner share of 5.60 percent.
  5. Colombia imports from Germany worth US$ 1,644 million, with a partner share of 3.78 percent.

Colombia Top 5 Productsexports imports at HS 6 digit level 2020

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 US$ 7,130,106.33 million.
  2. Colombia exported Bituminous coal, not agglomerated , worth US$ 3,542,521.48 million.
  3. Colombia exported Gold in unwrought forms non-monetary , worth US$ 2,767,011.95 million.
  4. Colombia exported Coffee, not roasted or decaffeinated , worth US$ 2,446,598.17 million.
  5. Colombia exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,549,861.00 million.

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

  1. Colombia imported Transmission apparatus, for radioteleph incorpo , worth US$ 2,181,336.69 million.
  2. Colombia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,997,447.38 million.
  3. Colombia imported Maize (excl. seed) , worth US$ 1,198,290.20 million.
  4. Colombia imported Other medicaments of mixed or unmixed products, , worth US$ 1,192,988.58 million.
  5. Colombia imported Automobiles with reciprocating piston engine di , worth US$ 746,609.19 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Colombia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 80 percent.
  • The simple average tariff across all products was 2.52 percent.
  • The trade weighted average tariff was 2.40 .
  • The total duty free imports in thousands of US dollars were 34,370,375.86 and duty free tariff line items share was 77.95 percent.

Development Indicators 2020

Key Development Indicators of Colombia in 2020 are below

  • Colombia GDP in current US dollar was 271,347 million.
  • GNI per capita, Atlas method (current US$) was 5,780.00 .
  • Colombia Trade balance: as % of GDP was -6.29.
  • Trade balance in current US$ was -17,065.00 million.
  • Trade as percentage of GDP was 33.65 .
  • Trade in services as percentage of GDP was 5.83 .

Trade Indicators 2020

Trade Indicators for Colombia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 6.02.
  • World Growth in percentage was -3.91 and Colombia Country Growth was -10.62 .