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South America and South Atlantic Islands

Colombia

 Flag of Colombia

Last reviewed: 02 June 2009

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TRADE AND INVESTMENT

Trade and Investment with the UK

UK investment in Colombia is substantial, at over US$17 billion: SAB Miller is the country's largest foreign investor followed by BP. UK companies are particularly active in Colombia's oil and gas industry; extractive industries; environment; and financial services. Colombia is the UK's fifth largest export market in South America. The UK's share of the Colombian market has remained stubbornly at around 1% for the last few years. UK exports to Colombia in 2007 were valued at £140 million (up 5% over 2006). In 2007 their exports to the UK totalled £370 million; showing an increase of 21% compared with 2006. The Colombians have a healthy balance of trade surplus with the UK that amounted to £230 million in 2007. Beverages, power generation machinery and pharmaceutical products all head the UK's list of exports to Colombia. Coal, flowers, fruit and vegetables, and coffee were the main products imported from Colombia by the UK.

UK Trade & Investment Country Profile: Colombia

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