Exports: In 2018, Colombia exported $314M in Packaged Medicaments, making it the 49th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 14th most exported product in Colombia. The main destination of Packaged Medicaments exports from Colombia are: Ecuador ($86.1M), Panama ($39.7M), Peru ($39.7M), Mexico ($20.6M), and United States ($19.5M).
The fastest growing export markets for Packaged Medicaments of Colombia between 2017 and 2018 were Dominican Republic ($8.51M), Mexico ($4.32M), and Brazil ($2.19M).
Imports: In 2018, Colombia imported $1.23B in Packaged Medicaments, becoming the 45th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Colombia. Colombia imports Packaged Medicaments primarily from: United States ($197M), Germany ($197M), Switzerland ($162M), Mexico ($90.5M), and France ($69.3M).
The fastest growing import markets in Packaged Medicaments for Colombia between 2017 and 2018 were Switzerland ($65.4M), Belgium-Luxembourg ($40.3M), and Netherlands ($21.5M).
Tariffs: In 2018, the average tariff for Colombia in Packaged Medicaments was 6.54%. The countries with the highest import tariffs for Packaged Medicaments were Angola (8.67%), Burundi (8.67%), Benin (8.67%), Burkina Faso (8.67%), and Botswana (8.67%).