Country Information Export Development Canada South and Central America and the Caribbean

Colombia

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

Country Info | Colombia

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?

Risk Rating

EDC Country Position –Low Medium Risk

Low to Medium Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Colombia

Investor and exporter interest in Colombia is being driven by a combination of business-friendly policies, economic and political stability thanks, in part, to a peace agreement with the FARC, 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. And, despite the low commodity price environment, Colombia remains committed to attracting FDI in its oil and gas, and power sectors, where Canada is already a major investor and a recognized supplier of goods and services. Similarly, the government is implementing an ambitious infrastructure program that includes road concessions, airports, ports, and social infrastructure projects. EDC serves Canadian companies in Colombia through our local representation in Bogotá.
  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Mining & Metals
  • Oil and Gas
  • Power

Here’s a helpful tip for doing business in Colombia

Dress for success in fashion-conscious Colombia, where your attire and clothes are considered to indicate social standing and business leadership.

Unlock key contacts in Columbia when you download our Market Entry Advisor Guide. 

International Trade Solutions

We understand opportunity

With our knowledge and solutions, you can take on the world knowing that we've got your back.

Access more insights on this country

Export insights dTechs

Expanding to Colombia? dTechs has on-the-ground export advice for you

Article May 25, 2017 Learn how Canadian software company dTechs has succesfully exported its electrical management software, epm Suite, to 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.

Frontier market risk and opportunity

Peru, Colombia and Thailand: discover risks and opportunities in three frontier markets

Article August 29, 2016 Discover the risks and opportunities of three high-potential, frontier markets.

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1-888-220-0047

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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy Senior Trade Advisor, EDC