Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Last Published: 7/31/2017
The post-peace accord environment in Colombia is expected to generate a period of stability and economic prosperity that will see development of several key sectors, including infrastructure, tourism, job training, education, and rural development.

Colombia's extensive, ongoing infrastructure projects will generate demand for project financing, logistics, construction equipment for public roads and airports, water treatment, water supply, electric power generation, oil and gas exploration and pollution control equipment, air navigational and port security aids, railway construction, transportation equipment, security and defense items and services, and mass transit systems. The city of Bogotá is in the early stages of developing a metro rail system and continues to expand its bus rapid transit system.

The consortium OPAIN was awarded a contract in 2006 for upgrades and expansion of Bogotá’s El Dorado International Airport, and these renovations are ongoing. There have also been proposals to develop a second airport in the Bogotá area, El Dorado 2. Several regional international airports in Colombia are undergoing upgrades and expansions, and all concessionaires are seeking equipment to modernize their facilities.

The United States Trade and Development Agency (USTDA) and the United States Export Import Bank (EXIM) support U.S. companies as they craft solutions to development challenges and make inroads in key sectors such as oil and gas, petrochemicals, renewable energy, telecommunications, and ports. USTDA grants have resulted in significant contracts being awarded to U.S. companies at Colombia’s two oil refineries. EXIM’s commitment of USD one billion to Ecopetrol and USD 2.8 billion to Reficar for its refinery project has provided myriad export opportunities for U.S. exporters of oil and gas equipment and services. USTDA grants for customs security and operational enhancements at the ports in Cartagena, Buenaventura, and Puerto Salgar should also increase prospects for U.S. exporters.

Other opportunities for U.S. exporters include: agricultural products like cotton, wheat, and pork; automotive parts and accessories; aviation parts and accessories; computer hardware and software services; IT equipment and services; electrical power systems; safety and security equipment; food and beverage processing and packaging equipment; medical equipment; plastics materials and resins; oil and gas equipment; mining equipment; and franchising.       

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.

Colombia Trade Development and Promotion