2023
Exports
$269MWorld Rnk 48 / 210
Flag Rnk 25 / 1150
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$2.69BWorld Rnk 48 / 225
Flag Rnk 2 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $269M in Cars, making it the 48th largest exporter of Cars in the world. At the same year, Cars was the 25th most exported product in Colombia. The main destination of Cars exports from Colombia are: Mexico ($108M), Ecuador ($88.7M), Argentina ($38.6M), Senegal ($11M), and Bolivia ($5.53M).

The fastest growing export markets for Cars of Colombia between 2022 and 2023 were Mexico ($53.1M), Argentina ($27.4M), and Senegal ($3.96M).

Imports In 2023, Colombia imported $2.69B in Cars, becoming the 48th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Colombia. Colombia imports Cars primarily from: Brazil ($464M), Mexico ($406M), United States ($396M), Japan ($371M), and Argentina ($191M).

The fastest growing import markets in Cars for Colombia between 2022 and 2023 were United States ($144M), China ($57.1M), and Mexico ($42M).

COMPANIES In 2024, leading companies such as Dole Fresh Fruit (37), Goya Foods (20), and Fetzer Vineyards (2) were at the forefront of shipping Cars from Colombia to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$269M
IMPORTS (2023)$2.69B
NET TRADE (2023)-$2.42B

In 2023, Colombia exported $269M in Cars. The main destinations of Colombia exports on Cars were Mexico ($108M), Ecuador ($88.7M), Argentina ($38.6M), Senegal ($11M), and Bolivia ($5.53M).

In 2023, Colombia imported $2.69B in Cars, mainly from Brazil ($464M), Mexico ($406M), United States ($396M), Japan ($371M), and Argentina ($191M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Mexico$53.1M (96.2%)
Argentina$27.4M (246%)
Senegal$3.96M (56.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Colombia WERE (2022 - 2023):
Ecuador-$20.4M (-18.7%)
Guatemala-$1M (-32.8%)
Peru-$546k (-12.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Colombia's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Colombia's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $24.7M
TOP IMPORT POTENTIALMexico+ $186M

Cars’s highest export potential is Mexico. With an export gap of $24.7M.   Cars’s highest import potential is Mexico with an import gap of $186M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with