On this page you will find beneficial information regarding foreign direct investment in / trading with Colombia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Republic under Authoritarian Presidential Rule
Population: 51.52 million (2021)
GDP: 314.5 billion USD (2021)
Corporate Tax Rate: 35%
Personal Income Tax Rate: 0% - 33%
Major Exports: Crude Petroleum ($11.3B), Coal Briquettes ($5.11B), Coffee ($3.22B), Gold ($2.61B), and Refined Petroleum ($2.14B), exporting mostly to United States ($11.7B), China ($3.69B), Panama ($2.4B), India ($2.27B), and Brazil ($2.07B).
Major Imports: Refined Petroleum ($3.18B), Broadcasting Equipment ($2.44B), Cars ($2.26B), Vaccines, blood, antisera, toxins and cultures ($1.74B), and Packaged Medicaments ($1.65B), importing mostly from China ($15.1B), United States ($14.6B), Brazil ($3.44B), Mexico ($3.34B), and Germany ($2.01B).
Investment Agency: ProColombia
National Chamber of Commerce: National Association of Entrepreneurs
Customs Agency: Dirección de Impuestos y Aduanas Nacionales (DIAN)