Crude Petroleum in   Colombia

Exports In 2020, Colombia exported $7.46B in Crude Petroleum, making it the 18th 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 ($2.67B), China ($2.19B), Panama ($1.05B), India ($421M), and Saint Lucia ($264M).

The fastest growing export markets for Crude Petroleum of Colombia between 2019 and 2020 were India ($368M), Chile ($105M), and Spain ($101M).

Imports In 2020, Colombia imported $251M in Crude Petroleum, becoming the 65th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 25th most imported product in Colombia. Colombia imports Crude Petroleum primarily from: United States ($250M), Panama ($1.72M), Spain ($11.9k), Austria ($1.63k), and Peru ($760).

The fastest growing import markets in Crude Petroleum for Colombia between 2019 and 2020 were Panama ($1.26M), Oman ($288), and Netherlands ($95).

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 (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).