Exports: In 2018, Colombia exported $13.8B in Crude Petroleum, making it the 21st largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Colombia. The main destination of Crude Petroleum exports from Colombia are: United States ($4.3B), China ($3.41B), Panama ($2.68B), Saint Lucia ($798M), and Bahamas ($354M).
The fastest growing export markets for Crude Petroleum of Colombia between 2017 and 2018 were China ($1.81B), Panama ($544M), and India ($318M).
Imports: In 2018, Colombia imported $508M in Crude Petroleum, becoming the 59th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 15th most imported product in Colombia. Colombia imports Crude Petroleum primarily from: United States ($314M), Russia ($108M), Canada ($55.6M), Brazil ($29.8M), and Singapore ($444k).
The fastest growing import markets in Crude Petroleum for Colombia between 2017 and 2018 were United States ($300M), Canada ($55.6M), and Brazil ($29.8M).
Tariffs: In 2018, the average tariff for Colombia in Crude Petroleum was 3.79%. The countries with the highest import tariffs for Crude Petroleum were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).