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Market Access


A Large Market with Broad Access to International Markets

Companies located in Bogota have direct access to the US$286 billion Colombian market - one of the largest, most dynamic markets in Latin America.

Colombia: a Large, Dynamic Market

Colombia is the third most populous country in Latin America, home to 46 million potential consumers.

 
Population of Selected Countries in Latin America (2011)



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


GDP Latin America (2010)

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

 


GDP Growth in Colombia and Latin America (2001 - 2010)


Bogota: an Attractive Market

Bogota has a population of 7.3 million people and a GDP of US$42.6 billion, larger than that of many countries in Latin America.


Bogota GDP vs. LATAM Countries GDP


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


GDP Growth in Bogota, Colombia and Latin America (2003 - 2010*)


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$40 trillion and 1.4 billion inhabitants.


Free Trade Agreements in Operation


FTAs Negotiated and Pending of Ratification


FTAs Currently Being Negotiated


Double Taxation Agreements in Operation


 



Updated (mm/dd/yyyy): 08.01.2011



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