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Market Access from Colombia and Bogota

A Large Market with Broad Access to International Markets

Companies located in Bogota have direct access to the US$282 billion Colombian market - one of the largest, most dynamic markets in Latin America.

Find the next information about the sector:

 

Colombia: a Large and Dynamic Emerging Market

Colombia is the third most populous country in Latin America, home to more than 48 million potential consumers.

Comparison of Colombia's population and Latin America countries

 

Colombia is the fifth largest market in Latin America after Brazil, Mexico, Argentina and Venezuela. 

 

Comparison of Colombia's GDP and Latin America countries

 

 

 

 

 

In the past decade, Colombia’s market has been growing faster than the rest of Latin America. 

 

Comparison between GDP growth in Colombia and Latin America (2008-2016)

 

Bogota: an Attractive Market

Bogota has a population of 8 million people and a GDP of US$71 billion, larger than that of many countries in Latin America. 

 

Bogota GDP Vs. LATAM countries GDP (2016)

 

In the past decade, Bogota’s GDP growth has outpaced Colombia and Latin America.

 

GDP growth in Bogota, Colombia and Latin America (2008-2016)

 

 

 

 

 

Access to International Markets

Thanks to the different Free Trade Agreements (FTAs) in operation, companies based in Bogota have access to an extended market of US$43 trillion and 1,570 million inhabitants.

 

Free trade agreements in operation for companies based in Bogota

 

Colombian FTAs negotiated and pending of ratification

 

Colombian FTAs currently being negotiated

 

Colombian Double taxation agreements in operation

 

Updated (mm/dd/yyyy): 03.29.2017