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Colombia Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Colombia monthly trade data
Colombia quarterly trade data

Please note: The data from various sources are not from the same year.

Year

Colombia exports, imports, trade and tariff indicators 2023

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

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Colombia Trade

Overall Exports and Imports for Colombia 2024

The total value of exports (FOB) is US$ 49,557 million.
The total value of imports (CIF) is US$ 64,070 million.
The total trade was US$ 113,626 million.
The trade balance was US$ -14,513 million.

China Monthly Exports and imports, in Jul 2024

The total value of exports (FOB) is US$ 4,429,917 K.
The total value of imports (CIF) is US$ 6,483,612 K.
The total trade was US$ 10,913,530 K.
The trade balance was US$ -2,053,695 K.

Colombia Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.11.
Index of export market penetration is 0.11.
World Growth in percentage is 0.11 and Colombia Country Growth is -6.50.

Colombia Service Trade data from WDI 2023

Colombia, Service imports (BoP, current US$) is 17,009,626,917.52.
Colombia, Service exports (BoP, current US$) is 16,031,473,904.41.
Colombia, Imports of goods and services as percentage of GDP is 22.56 %.
Colombia, Exports of goods and services as percentage of GDP is 17.83 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Colombia in 2023 are below.

The maximum rate of tariff in percentage on any product is 80.
The simple average tariff across all products is 3.55.
The trade weighted average tariff is 2.62.
The total duty free imports in thousands of US dollars are 40,035,925.36 and duty free tariff line items share is 75.52.

Colombia Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 267,442 million.
FDI Inward stock flow (in US$ Mil) was US$ 14,234 million.
FDI Outward stock (in US$ Mil) was US$ 77,964 million.
FDI Outward stock flow (in US$ Mil) was US$ 4,611 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is 68.
No Of NTM Affected Products (HS 6 Digit) is 4,024.

Colombia World Development Indicators (WDI) 2023

Key Development Indicators of Colombia in 2023 are below

The population of Colombia is 49,648,685.
GDP in US$ is 366,292 million .
GNI per capita, Atlas method in current US dollars is 6,720.00.
Trade balance in US$ is -17,306.00 million.
Trade in services as percentage of GDP is -4.72 %.

WDI

Colombia Global Value Chain (GVC) 2020

GVC related output as percentage of output was not available.
GVC related trade as percentage of trade was 30 %.

GVC

Colombia Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Colombia is 18.30.

SPRD