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Colombia

Stability and business-friendly policies are driving interest in the Colombian market, where Canada is a recognized supplier of goods and services.

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  1. Colombia
  2. Country and Market Info

Evaluating the market in Colombia

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position - Open

Open

What this means:

  • Actively pursuing business
  • All EDC solutions are available in this market, subject to regular approval criteria

How does EDC determine the position?

EDC takes the following into account when determining the position in a given market:

  • Government of Canada restrictions
  • Political, human rights and corruption risks
  • Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters
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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Colombia

With access to both the Pacific and Atlantic oceans, Colombia serves as a regional trade hub, attracting investors and exporters worldwide. A member of the Organization for Economic Co-operation and Development (OECD), Colombia drives interest through its strong institutionality, economic stability and diversified economy. The Canada-Colombia Free Trade Agreement has helped solidify Canada’s established and rising trade and investment relationship with Colombia. The country remains committed to attracting foreign direct investment in the power, infrastructure, mining and agri-food sectors, where Canada is already a major investor and a recognized supplier.

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We understand opportunity

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International Trade Solutions

Access more insights on this country

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Ties that bind: Colombia remains strong trade partner with Canada

Article November 15, 2023 Colombia has a stable economy, business-friendly policies and a free trade agreement with Canada.

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Doing business in Colombia: 10 business etiquette tips

Article October 03, 2023 EDC’s Tamara Fathi offers 10 etiquette tips for doing business in Colombia

Clean energy in Colombia

Clean energy: Colombia's untapped potential

Blog May 24, 2017 Colombia is looking to change its image from an unstable country to a partner in foreign investment, specifically in modern infrastructure and clean energy.


 

Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

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Date modified: 2023-08-04

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