EXPORTS (2018): $440M, World Rnk 42 / 209
Rnk 11 / 1062
TOP DESTINATION (2018): $148M, Mexico
FASTEST GROWING MARKET (2017 - 2018): $79.3M, Ecuador
IMPORTS (2018): $2.19B, World Rnk 46 / 220 Rnk 2 / 1184
TOP ORIGIN (2018): $658M, Mexico
FASTEST GROWING ORIGIN (2017 - 2018): $86.8M, Brazil
ECONOMIC COMPLEXITY of Colombia (2018): 0.23, Rnk 56 / 137
PRODUCT COMPLEXITY IN Cars (2018): 0.78, Rnk 249 / 1018
Exports: In 2018, Colombia exported $440M in Cars, making it the 42nd largest exporter of Cars in the world. At the same year, Cars was the 11th most exported product in Colombia. The main destination of Cars exports from Colombia are: Mexico ($148M), Ecuador ($135M), Argentina ($60.2M), Chile ($40.6M), and Peru ($28.2M).
The fastest growing export markets for Cars of Colombia between 2017 and 2018 were Ecuador ($79.3M), Argentina ($60.1M), and Peru ($8.68M).
Imports: In 2018, Colombia imported $2.19B in Cars, becoming the 46th 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: Mexico ($658M), Japan ($330M), Brazil ($256M), United States ($187M), and Germany ($124M).
The fastest growing import markets in Cars for Colombia between 2017 and 2018 were Brazil ($86.8M), Slovakia ($63.4M), and Mexico ($58.7M).
Tariffs: In 2018, the average tariff for Colombia in Cars was 29.7%. The countries with the highest import tariffs for Cars were Angola (34.4%), Burundi (34.4%), Benin (34.4%), Burkina Faso (34.4%), and Botswana (34.4%).
EXPORTS (2018): $440M
IMPORTS (2018): $2.19B
NET TRADE (2018): -$1.75B
In 2018, Colombia exported $440M in Cars. The main destinations of Colombia exports on Cars were Mexico ($148M), Ecuador ($135M), Argentina ($60.2M), Chile ($40.6M), and Peru ($28.2M).
In 2018, Colombia imported $2.19B in Cars, mainly from Mexico ($658M), Japan ($330M), Brazil ($256M), United States ($187M), and Germany ($124M).
In 2018, Colombia's main exporting competitors in Cars were:
In 2018, Colombia's main importing competitors in Cars were:
This section shows forecasts for total exports and imports, for Cars in Colombia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.
In 2018, the average tariff for Colombia in Cars was 29.7%.
The countries with the highest tariffs for Cars in Colombia were Angola (34.4%), Burundi (34.4%), Benin (34.4%), Burkina Faso (34.4%), and Botswana (34.4%).
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