Exports: In 2018, Colombia exported $2.96B in Refined Petroleum, making it the 35th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Colombia. The main destination of Refined Petroleum exports from Colombia are: United States ($1.87B), Singapore ($247M), Bonaire ($119M), Spain ($105M), and Brazil ($101M).
The fastest growing export markets for Refined Petroleum of Colombia between 2017 and 2018 were United States ($905M), Venezuela ($55.6M), and Brazil ($43.9M).
Imports: In 2018, Colombia imported $2.94B in Refined Petroleum, becoming the 51st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Colombia. Colombia imports Refined Petroleum primarily from: United States ($2.41B), Mexico ($249M), United Kingdom ($99M), Curaçao ($29.5M), and Panama ($25.7M).
The fastest growing import markets in Refined Petroleum for Colombia between 2017 and 2018 were United States ($75.2M), Mexico ($67.1M), and United Kingdom ($18.6M).
Tariffs: In 2018, the average tariff for Colombia in Refined Petroleum was 1.3%. The countries with the highest import tariffs for Refined Petroleum were Cuba (4%), Panama (4%), United States (2.33%), Angola (1.5%), and Burundi (1.5%).