Import Tariffs in Colombia

A Hot Tip about Customs Duties in Colombia

Last updated: 10 Mar 2011

Colombian import duties generally have been consolidated into three tariff levels: 0 percent to 5 percent on capital goods, industrial goods, and raw materials not produced in Colombia; 10 percent on manufactured goods, with some exceptions; and 15 percent to 20 percent on consumer and "sensitive" goods. In addition to the basic import duties, some agricultural products fall under a variable “price band” import duty system.

 

The price band system includes 13 broad categories of agricultural products and 153 substitutes and derivatives, and has resulted, in the past, in duties approaching or exceeding 100 percent for important U.S. exports to Colombia, including corn, wheat, rice, soybeans, pork, poultry, cheeses, and milk products. The price band also has negatively affected U.S. market access for products such as dry pet food, which contains corn. Other relevant exceptions include automobiles and some motorcycles, which are subject to a 35% import tariff.

 

In 2005, the government approved the elimination of import duties for equipment, spare parts, and accessories destined for various oil and gas and mining activities. This benefit is scheduled to expire in October 2010. In October 2009, the Government temporarily reduced import duties to 0% for more than 200 tariff lines of industrial raw material goods not produced in Colombia.

 

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Posted: 05 May 2010, last updated 10 March 2011