Possessing one of the grandest economies in South America, the country holds maximum potential from colombia exports and imports with return on investment.
In 2017, Colombia’s international trade accounted for 34.9% of the national GDP. The country has experienced a five times increase in foreign trade over the last ten years. This, according to the Economy Complexity Index (ECI), makes Colombia’s economy the 53rd most complex in the world.
This growth in international trade is partly due to the numerous trade relations with other countries. In 2012, Colombia entered a free trade with the United States which saw a significant boost in trade with North America.
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