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Trade between Colombia and Mexico

In 2024, Colombia exported $2 billion to Mexico and imported $3.2 billion. Colombia ran a deficit of $1.2 billion with Mexico, compared with a deficit of $2.5 billion in 2019. Mexico was Colombia’s 4th largest trading partner (4% of its trade), and Colombia was Mexico’s 19th (0.4%).

Summary

Colombia → Mexico
$2billion
Mexico → Colombia
$3.2billion
Colombia’s balance
-$1.2billion

Balance

Colombia’s trade balance with Mexico

Trade between Colombia and Mexico grew 8.4-fold since 1995

USD billions (current). Colombia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 2
  • Imports 3.2
  • Balance -1.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$97 million$518 million-$421 million
1996$108 million$536 million-$429 million
1997$123 million$618 million-$495 million
1998$141 million$644 million-$503 million
1999$219 million$464 million-$245 million
2000$243 million$561 million-$317 million
2001$325 million$602 million-$277 million
2002$322 million$691 million-$370 million
2003$378 million$750 million-$372 million
2004$575 million$937 million-$361 million
2005$625 million$1.8 billion-$1.1 billion
2006$653 million$2.3 billion-$1.7 billion
2007$561 million$3.1 billion-$2.6 billion
2008$747 million$3.2 billion-$2.4 billion
2009$566 million$2.3 billion-$1.8 billion
2010$683 million$3.9 billion-$3.2 billion
2011$733 million$6 billion-$5.3 billion
2012$839 million$6.3 billion-$5.5 billion
2013$872 million$5.5 billion-$4.6 billion
2014$922 million$5.3 billion-$4.3 billion
2015$925 million$3.8 billion-$2.9 billion
2016$951 million$3.4 billion-$2.4 billion
2017$1.6 billion$3.5 billion-$1.9 billion
2018$1.7 billion$4 billion-$2.3 billion
2019$1.5 billion$3.9 billion-$2.5 billion
2020$1.2 billion$2.9 billion-$1.8 billion
2021$1.2 billion$3.8 billion-$2.6 billion
2022$1.7 billion$4.1 billion-$2.5 billion
2023$1.9 billion$3.1 billion-$1.1 billion
2024$2 billion$3.2 billion-$1.2 billion

What they sell each other

What Colombia sells to Mexico

The top 10 headings in 2024, with their share of the total.

  1. Coal$454 million · 23.2%
    3.6 million tonnes · Colombia’s destinations
  2. Buses$133 million · 6.8%
    10 thousand tonnes
  3. Palm oil$130 million · 6.7%
    132 thousand tonnes
  4. Makeup and skin care$86 million · 4.4%
    12 thousand tonnes
  5. Pesticides and herbicides$83 million · 4.3%
    9 thousand tonnes
  6. Refined petroleum$61 million · 3.1%
    70 thousand tonnes · Colombia’s destinations
  7. 3 thousand tonnes
  8. Coconut and palm kernel oil$54 million · 2.8%
    46 thousand tonnes
  9. Cars$43 million · 2.2%
    4 thousand tonnes · Mexico’s sources
  10. Polypropylene$36 million · 1.8%
    23 thousand tonnes · Mexico’s sources

What Mexico sells to Colombia

The top 10 headings in 2024, with their share of the total.

  1. Cars$524 million · 16.4%
    36 thousand tonnes · Mexico’s destinations
  2. Monitors and projectors$323 million · 10.1%
    16 thousand tonnes · Mexico’s destinations
  3. 67 thousand tonnes · Mexico’s destinations
  4. Computers$128 million · 4%
    904 tonnes · Mexico’s destinations
  5. Seamless steel pipes$95 million · 3%
    61 thousand tonnes
  6. Tractors$87 million · 2.7%
    6 thousand tonnes · Mexico’s destinations
  7. Hair care$69 million · 2.2%
    14 thousand tonnes
  8. Cigarettes and cigars$67 million · 2.1%
    5 thousand tonnes
  9. Toothpaste and oral care$61 million · 1.9%
    7 thousand tonnes
  10. Cables and wire$54 million · 1.7%
    6 thousand tonnes · Mexico’s destinations

How it travels

Estimated sea route from Cartagena to Manzanillo.

The estimated sea route between Cartagena and Manzanillo is 2,102 nautical miles (3,893 km) long: ≈ 5–6.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$4.7 billion · 90.7%
  2. Air$480 million · 9.3%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Mexico was Colombia’s 4th largest trading partner (4% of its trade), and Colombia was Mexico’s 19th (0.4%).

Mexico in Colombia’s trade
4.4%
Mexico’s rank among Colombia’s partners
4th
Colombia in Mexico’s trade
0.4%
Colombia’s rank among Mexico’s partners
19th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.