Canada-Colombia Free Trade Agreement - Facts
With merchandise exports of $761 million in 2011 (up 18 percent over 2010) Colombia third-largest export market in South America.
Did you know?
This FTA eliminates Colombian tariffs of up to 20 percent on Canadian exports in sectors such as oil and gas, mining, and ICT equipment many immediately providing Canadians with improved access to the Colombian market. Learn more!
Opportunities for Canadians
The Canada-Colombia Free Trade Agreement (FTA), which entered into force August 15, 2011, lowers barriers to trade and provides expanded opportunities for Canadian exporters and investors in a broad range of sectors, particularly in oil and gas, mining, agriculture and agri-food, and manufacturing.
Opportunities for increased trade and investment:
- Canada-Colombia Free Trade Agreement - Opportunities for Canadians
- Canada-Colombia Free Trade Agreement - Invest in Colombia
Key Sectors with High Growth Potential
Under the Canada-Colombia FTA, most Canadian agricultural exports benefit from immediate duty-free access to Colombia, thereby offering greater opportunities for Canadian agricultural and agri-food producers.
The information and communications technologies (ICT) industry in Colombia shows strong potential for Canadian exporters and investors.
Colombia has a dynamic mining sector with a range of international players actively involved in exploring and developing the industry.
Colombia is building and expanding its local ethanol industry, thereby presenting business opportunities for Canadian investors.
Colombia's new law on Public Private Partnerships presents many opportunities for Canadian companies in multiple sectors.
For more information on doing business in Colombia, please visit the Trade Commissioner Services website.