Applied tariffs
Simple average MFN applied
2025
6.8 %
Trade-weighted MFN average
2024
6.5 %
Share of MFN duty-free
2025
50.5 %
Bound tariffs
Simple average bound
41.1 %
Binding coverage
100.0 %
Share of bound duty-free
4.7 %
Imports
Total imports: 62,845.1 million USD in 2024
Imports by partner
United States of America
26.2 %
16,464.6
million USD
China
25.4 %
15,936.1
million USD
European Union
13.5 %
8,484.1
million USD
Brazil
5.3 %
3,358.8
million USD
Mexico
5.2 %
3,245.1
million USD
India
2.4 %
1,530.0
million USD
Japan
2.3 %
1,452.7
million USD
Canada
1.7 %
1,040.1
million USD
Viet Nam
1.6 %
1,005.7
million USD
Korea, Republic of
1.6 %
989.0
million USD
Rest of the World
14.9 %
9,339.0
million USD
Imports by products HS 2022
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.4 %
2,789.9
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
2.9 %
1,799.1
million USD
851713
Smartphones for wireless networks
2.8 %
1,732.5
million USD
100590
Maize (excl. seed for sowing)
2.5 %
1,547.5
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.2 %
1,359.4
million USD
271111
Natural gas, liquefied
1.5 %
945.4
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.5 %
922.5
million USD
300215
Immunological products, put up in measured doses or in forms or packings for retail sale (excl. diagnostic reagents)
1.3 %
840.4
million USD
847130
Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
1.3 %
838.6
million USD
230400
Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
1.2 %
762.6
million USD
Rest of the products
78.5 %
49,307.1
million USD
Exports
Total exports: 44,334.9 million USD in 2024
Exports by destination
United States of America
29.5 %
13,074.2
million USD
European Union
10.4 %
4,628.4
million USD
Panama
8.6 %
3,806.1
million USD
India
5.6 %
2,503.9
million USD
China
4.8 %
2,149.0
million USD
Mexico
4.2 %
1,856.6
million USD
Brazil
4.0 %
1,769.4
million USD
Ecuador
3.9 %
1,728.4
million USD
Korea, Republic of
2.5 %
1,104.8
million USD
Peru
2.3 %
1,031.7
million USD
Rest of the World
24.1 %
10,682.4
million USD
Exports by products HS 2022
270900
Petroleum oils and oils obtained from bituminous minerals, crude
25.2 %
11,151.1
million USD
270112
Bituminous coal, whether or not pulverised, non-agglomerated
12.4 %
5,506.2
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
6.8 %
3,014.9
million USD
090111
Coffee (excl. roasted and decaffeinated)
6.7 %
2,949.4
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
5.2 %
2,294.7
million USD
060319
Fresh cut flowers and buds, of a kind suitable for bouquets or for ornamental purposes (excl. roses, carnations, orchids, chrysanthemums and lilies)
2.8 %
1,247.6
million USD
270400
Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
2.3 %
1,017.6
million USD
080390
Fresh or dried bananas (excl. plantains)
2.3 %
1,002.2
million USD
761010
Doors, windows and their frames and thresholds for door, of aluminium (excl. door furniture)
1.2 %
539.4
million USD
720260
Ferro-nickel
1.1 %
486.1
million USD
Rest of the products
34.1 %
15,125.8
million USD
Preferential regimes provided by Colombia
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Colombia as a beneficiary based on other economies reported preferential regimes
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