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Who buys Colombia’s refined petroleum products? Export destinations 2024

In 2024, Colombia exported $2.3 billion of refined petroleum products (4.1 million tonnes), 0.3% of the world total. The United States bought 61% of the total, followed by the Bahamas (13%) and Spain (4%). Colombia was the world’s 43rd-largest exporter of refined petroleum products.

Summary

Value
$2.3billion
Tonnes
4.1million tonnes
Share of world total
0.3%
World rank
43rd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States1.4Tonnes: 2,420,963USD per tonne: $58260.9%Sea
Bahamas0.3Tonnes: 804,648USD per tonne: $37413%Sea
Spain0.1Tonnes: 128,844USD per tonne: $7714.3%Sea
Netherlands re-exports0.09Tonnes: 230,250USD per tonne: $3973.9%Sea
Mexico0.06Tonnes: 69,606USD per tonne: $8792.6%Sea
Panama0.05Tonnes: 101,378USD per tonne: $5192.3%Sea
Venezuela0.03Tonnes: 22,656USD per tonne: $1,3911.4%Land
Dominican Republic0.03Tonnes: 49,879USD per tonne: $5571.2%Sea
Argentina0.03Tonnes: 31,102USD per tonne: $8081.1%Sea
Italy0.02Tonnes: 47,978USD per tonne: $4660.96%Sea
France0.02Tonnes: 16,579USD per tonne: $1,2290.88%Sea
Brazil0.02Tonnes: 18,396USD per tonne: $1,0600.84%Sea
Peru0.02Tonnes: 12,387USD per tonne: $1,4840.79%Land
Ecuador0.02Tonnes: 18,942USD per tonne: $9530.78%Sea
Germany0.02Tonnes: 23,104USD per tonne: $7650.76%Sea
Aruba0.02Tonnes: 32,447USD per tonne: $4740.66%Sea
United Kingdom0.01Tonnes: 14,050USD per tonne: $9930.6%Sea
Chile0.01Tonnes: 23,284USD per tonne: $5360.54%Sea
Singapore re-exports0.01Tonnes: 13,747USD per tonne: $8340.49%Sea
Canada0.01Tonnes: 10,685USD per tonne: $8090.37%Sea

Trend

Who it sells to

The United States was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • United States 1.4
  • Bahamas 0.3
  • Spain 0.1
  • Netherlands 0.09
  • Mexico 0.06

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.131.4
Bahamas00.3
Spain00.1
Netherlands< 0.010.09
Mexico0.020.06

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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