» Home » Why Bogota » Market Access

Market Access


A Large Market with Broad Access to International Markets

Companies located in Bogota have direct access to the US$229 billion Colombian market - one of the largest, most dynamic markets in Latin America - and to an extended market of US$36 trillion, and 1.3 billion people thanks to several international trade agreements negotiated by Colombia.


Colombia: a Large, Dynamic Market

Colombia is the third most populous country in Latin America, home to 49 million potential consumers.


Colombia is the fifth largest market in Latin America after Brazil, Mexico, Argentina and Venezuela.




In the past decade, it has been growing faster than the rest of Latin America.




Bogota: an Attractive Market

Bogota has a population of 7.3 million people and a GDP of US$66.7 billion, larger than that of many countries in Latin America.




In the past decade, Bogota’s GDP growth has outpaced Colombia and Latin America.




Access to International Markets

Thanks to the different Free Trade Agreements (FTAs) and unilateral tariff preferences, companies based in Bogota have access to a global market of US$36 trillion and 1.3 billion inhabitants.










Updated (mm/dd/yyyy): 05.21.2010