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 and most dynamic markets in Latin America.
Find the next information about the sector:
- Colombia: a large and Dynamic Emerging Market
- Bogota: an attractive market
- Access to International markets
Colombia is the third most populous country in Latin America, home to more than 48 million potential consumers.
Colombia is the fourth largest market in Latin America after Brazil, Mexico, and Argentina.
In the past decade, Colombia’s market has been growing faster than the rest of Latin America.
Bogota has a population of 8 million people and a GDP of US$73 billion, larger than many countries in Latin America.
In the past decade, Bogota’s GDP growth has outpaced Colombia and Latin America.
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.
Updated (mm/dd/yyyy): 12.22.2017