2025 Feb Colombia Passenger Vehicles (HS8703) Export Snapshot: Surge & Price Rise

February Trend: Colombia Passenger Vehicles Export

Passenger Vehicles, classified under HS Code 8703 (Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.), surged in February, with exports hitting $16.67M USD (+7469.90% MoM) and 1.52M kg (+4170.08% MoM). Unit prices rose sharply to $10.99/kg, up 77.28% from January. The rebound follows negligible January volumes, signaling a sharp recovery in demand or supply chain normalization. No direct link to recent trade policy updates was evident in the data.

Table: Colombia Passenger Vehicles Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Argentina dominates Colombia's passenger vehicle exports, accounting for 56.7% of value but only 14.7% of quantity, signaling a premium market demanding high-grade vehicles. In contrast, the U.S. represents 72.7% of volume but just 0.8% of value, acting as a bulk hub for lower-value shipments. Mexico follows as a secondary premium destination (37.7% value share). The stark value-volume gap reveals a dual strategy: high-margin exports to Argentina/Mexico and mass-volume flows to the U.S., prioritizing profit over scale in key markets.

Table: Colombia Passenger Vehicles (HS Code 8703) Top Destination Countries (Source: yTrade)

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Colombia HS Code 8703 Breakdown & Value Logic

yTrade data reveals 8703239090 (vehicles with 1500-3000cc engines) dominates Colombia's February 2025 exports, capturing 48% of total value despite modest volume (14% of quantity). This Colombia HS Code 8703 Export skew signals a premium market prioritizing higher-margin combustion vehicles over bulk or electric options (e.g., 3000cc+ models or EVs, which combined contribute <1.5% of value). The outlier status of #1—with 13 shipments versus fragmented competitors—highlights concentrated demand for mid-range engine capacity, likely tied to Colombia’s infrastructure or consumer preference for balanced performance. A classic case of value-over-volume strategy.

Table: Colombia (HS Code 8703) Breakdown Details (Source: yTrade)

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Colombia Passenger Vehicles Buyers List

Table: Colombia Passenger Vehicles (HS Code 8703) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Passenger Vehicles Export perform in February?

Exports surged 7,469% month-on-month to $16.67M, with unit prices up 77% to $10.99/kg.

What are the top Export partners for Colombia Passenger Vehicles?

Argentina ($9.4M), Mexico ($6.25M), and Peru ($550K) dominated shipments.

Who are the major Passenger Vehicles Buyers?

Renault affiliates in Argentina and Mexico accounted for 94% of export value.

What is the specific HS Code for this trade?

The data covers HS Code 8703, with significant activity in vehicles over 1500cc (HS 870323).