Country import demand

Colombia
import demand

A reported view of Colombia's import scale, sector demand, supplier breadth, economy, and trade history.

COL1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$61.4B2024 reported
Import growth+3.4%Year on year
Population52.9MReported population
GDP per capita$7.9KCurrent-dollar GDP
Trade openness23.8%Exports + imports / GDP

The country import read

What does Colombia import?

In 2024, Colombia recorded $61.4B in reported imports. Imports changed +3.4% year on year and +1.4% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$56.7B
2014
$61.1B
2015
$51.2B
2016
$43.3B
2017
$45.2B
2018
$50.0B
2019
$50.9B
2020
$41.8B
2021
$59.0B
2022
$71.7B
2023
$59.4B
2024
$61.4B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$418.8B2024 macro context
GDP growth5.3%Five-year CAGR
Population growth1.2%Five-year CAGR
Investment rate21.8%National rate
Savings rate19.5%National rate
Trade openness23.8%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Colombia
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$6.0B9.8%7441
2Precious stones and metalsHS2 71$139.2M0.2%6049
3Coffee, tea and spicesHS2 09$150.0M0.2%5339
4Live plants and cut flowersHS2 06$58.1M0.1%2816
5Edible fruit and nutsHS2 08$293.7M0.5%4268
6PlasticsHS2 39$2.9B4.8%112128
7Electrical machineryHS2 85$6.0B9.8%139261
8Essential oils and cosmeticsHS2 33$815.9M1.3%8029
9AluminiumHS2 76$505.4M0.8%7835
10Sugars and sugar confectioneryHS2 17$255.3M0.4%5817

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,140.6Partner HHI
Top 3 partner share45.4%Reported concentration
FTA partner markets42Reported count
Average distance9,788 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3COL
Exports Usd$55.3B
Imports Usd$61.4B
Trade Balance Usd-$6.1B
Yoy Exports Growth Pct-1.9%
Yoy Imports Growth Pct3.4%
Exports Cagr 3y Pct7.2%
Imports Cagr 3y Pct1.4%
Export Partner Hhi1,140.6
Export Product Hhi950.2
Momentum Score0.8
Risk Score10.5
Gdp Million Usd418,818.2 million USD
Gdp Per Capita Usd$7.9K
Population52,886,363
Labor Force28,266.3
Investment Rate Pct21.8%
Savings Rate Pct19.5%
Secondary Education Pct77.9%
Tertiary Education Pct28.9%
Total Factor Productivity722.8
Trade Openness Pct23.8%
Exports Gdp Pct11.3%
Num Active Partners270
Num Fta Partners42
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners5%
Num Shared Language Partners24%
Avg Partner Distance Km9,788 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta16
Pct Partners Shared Language8.9%
Pct Partners Shared Border1.9%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km9,623 km
Num Border Partners130
Num Colonial Partners25
Avg Substitution Elasticity-9.9
Pct Products High Elasticity73.6
Pct Products Low Elasticity3
Real Market Potential123,429.6
Foreign Market Potential9,374.6

Supplier context

Country Iso3COL
All History Lane Count10,632
Current Lane Count6,200
Critical Lane Count56
High Attention Lane Count1,025
High Volatility Lane Count3,369
Unrecovered Drawdown Lane Count2,469
Declining Demand Lane Count17
Concentrated Market Lane Count3,293
Access Friction Lane Count802
Buyer Macro Weakness Lane Count114
Monitored Exports Current Usd$52.4B
Attention Exports Usd$28.6B
Critical Exports Usd$10.8B
High Volatility Exports Usd$16.6B
Unrecovered Drawdown Exports Usd$17.4B
Non Fta Exports Usd$21.1B
Monitored Attention Share Pct54.5%
Monitored Critical Share Pct20.6%
Fta Covered Exports Share Pct59.2%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct31.4%
Export Weighted Distance Km6,666 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$55.3B
Total Imports Latest Usd$61.4B
Trade Balance Latest Usd-$6.1B
Exports Yoy Latest Pct-1.9%
Exports Cagr 3y Latest Pct7.2%
Gdp Latest Million Usd418,818.2 million USD
Gdp Per Capita Latest Usd$7.9K
Population Latest52,886,363
Investment Rate Latest Pct21.8%
Savings Rate Latest Pct19.5%
Trade Openness Latest Pct23.8%
Exports Gdp Latest Pct11.3%
Active Partners Latest270
Fta Partners Latest42
Foreign Market Potential Latest9,374.6
Gdp 5y Cagr Pct5.3%
Gdp Per Capita 5y Cagr Pct4.1%
Population 5y Cagr Pct1.2%
Partner Hhi Latest1,140.6
Partner Top1 Share Latest Pct30%
Partner Top3 Share Latest Pct45.4%
Partner Hhi All Avg1,559.3
Partner Hhi All Max2,695.2
Product Hhi Latest950.2
Product Top1 Share Latest Pct26.4%
Product Top3 Share Latest Pct44.5%
Product Hhi All Avg1,092.8
Product Hhi All Max2,448
Total Exports Attention Share Pct51.6%
Total Exports Critical Share Pct19.5%
Attention LevelCritical attention
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$13.0B$10.3B-$2.7B+0%
1996$12.8B$10.8B-$2.0B-1.7%
1997$14.4B$11.6B-$2.7B+12.2%
1998$13.7B$11.1B-$2.6B-4.7%
1999$9.7B$12.1B$2.4B-29.1%
2000$10.7B$13.5B$2.8B+10.3%
2001$11.4B$12.7B$1.2B+6.7%
2002$11.6B$12.4B$838.4M+1.3%
2003$12.6B$14.0B$1.4B+8.6%
2004$15.3B$17.8B$2.5B+22%
2005$19.6B$22.7B$3.1B+27.6%
2006$25.4B$25.6B$236.4M+29.4%
2007$31.6B$30.8B-$844.1M+24.7%
2008$37.6B$40.5B$2.8B+19%
2009$31.1B$33.5B$2.4B-17.3%
2010$39.5B$40.5B$992.5M+26.8%
2011$52.0B$59.7B$7.8B+31.6%
2012$55.4B$65.2B$9.8B+6.6%
2013$56.7B$63.0B$6.3B+2.3%
2014$61.1B$60.6B-$469.9M+7.7%
2015$51.2B$41.1B-$10.0B-16.2%
2016$43.3B$35.8B-$7.6B-15.3%
2017$45.2B$42.0B-$3.2B+4.3%
2018$50.0B$46.5B-$3.5B+10.6%
2019$50.9B$43.1B-$7.8B+1.8%
2020$41.8B$33.8B-$8.0B-17.9%
2021$59.0B$44.9B-$14.1B+41.2%
2022$71.7B$65.6B-$6.1B+21.6%
2023$59.4B$56.4B-$3.0B-17.2%
2024$61.4B$55.3B-$6.1B+3.4%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$6.0B9.8%7441
271Precious stones and metals$139.2M0.2%6049
309Coffee, tea and spices$150.0M0.2%5339
406Live plants and cut flowers$58.1M0.1%2816
508Edible fruit and nuts$293.7M0.5%4268
639Plastics$2.9B4.8%112128
785Electrical machinery$6.0B9.8%139261
833Essential oils and cosmetics$815.9M1.3%8029
976Aluminium$505.4M0.8%7835
1017Sugars and sugar confectionery$255.3M0.4%5817

Questions about this profile

Colombia import demand, in context

Short answers for import and supplier research.

What does the Colombia import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Colombia.

What is the latest reported import value for Colombia?

Colombia recorded $61.4B in reported imports in 2024.

Which sectors lead Colombia's imports?

Mineral fuels leads by reported import value at $6.0B.

How many years of Colombia import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Compare countries, products, sectors, and suppliers using reported trade data.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.