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EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Colombia
Map of Colombia

Country Facts

Nominal GDP292.09 Billion USD
Population48.23 Million
Total Trade/GDP38.95%
CurrencyColombian Peso (COP)
Merchandise Imports from Canada782.80 Million CAD
Canadian direct investment2,522 Million CAD
Main importsIntermediate, Capital & Consumer Goods

EDC in Colombia

Canadian companies assisted229
International buyers insured350
Business volume836.67 Million CAD

Business Environment

Investor and exporter interest in Colombia is being driven by a combination of business -friendly policies, economic and political stability that will be supported by an expected peace agreement and a diversified economy with a large domestic market. The Canada-Colombia Free Trade Agreement (FTA) has helped to solidify Canada's established and rising trade and investment relationship with Colombia. Moreover, despite the low price environment, Colombia remains committed to attracted FDI in its oil and gas sector, where Canada is already a major investor and recognized supplier of goods and services. Similarly, the government is implementing an ambitious infrastructure program.

Key Industries

  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Mining & Metals
  • Oil and Gas

How we can support your business

Through our representation in Bogotá, Colombia, we provide on-the-ground support to Canadian companies planning on or currently doing business in Colombia. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies finance and manage credit risk associated with sales to buyers, and to support Canadian investment in the country.
  • Learn more about our service offering.

Consult our interactive Country Risk Quarterly report.


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