2025 Sep Colombia Passenger Vehicles (HS 8703) Export Snapshot: Vol Dip
September 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.), saw exports dip slightly in September, with value down 9.36% MoM to $20.42M and volume falling 10.11% to 1.84M kg. Unit prices held steady, rising 0.84% to $11.09/kg, marking the second consecutive month of modest gains. The decline follows August’s sharp rebound, which had pushed exports to a monthly high of $22.53M. Year-to-date, the sector remains volatile, with swings in both volume and value since the surge in February. No specific external events were tied to the September slowdown.
Table: Colombia Passenger Vehicles Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 220.27K USD | 35.54K kg | $6.20/kg | N/A | N/A | N/A |
| 2025-02-01 | 16.67M USD | 1.52M kg | $10.99/kg | +7469.90% | +4170.08% | +77.28% |
| 2025-03-01 | 11.50M USD | 1.07M kg | $10.76/kg | -31.04% | -29.59% | -2.05% |
| 2025-04-01 | 10.35M USD | 979.50K kg | $10.56/kg | -10.01% | -8.34% | -1.83% |
| 2025-05-01 | 15.19M USD | 1.42M kg | $10.68/kg | +46.82% | +45.27% | +1.06% |
| 2025-06-01 | 12.57M USD | 1.20M kg | $10.47/kg | -17.25% | -15.65% | -1.89% |
| 2025-07-01 | 7.48M USD | 736.37K kg | $10.16/kg | -40.52% | -38.65% | -3.05% |
| 2025-08-01 | 22.53M USD | 2.05M kg | $11.00/kg | +201.24% | +178.11% | +8.31% |
| 2025-09-01 | 20.42M USD | 1.84M kg | $11.09/kg | -9.36% | -10.11% | +0.84% |
Get Colombia Passenger Vehicles Historical Export Data
Geographic Concentration & Market Logic
Mexico dominates Colombia's passenger vehicle exports, accounting for 34.5% of value but just 35.58% of weight, signaling a premium market demand for high-grade vehicles. Ecuador follows closely, with 30.85% value share and 31.28% weight share, reinforcing a similar high-value trade structure. In stark contrast, the U.S. represents 74.15% of quantity but only 2.79% of value, acting as a bulk hub for lower-value shipments. This value-volume gap reveals a dual strategy: premium exports to neighboring markets (Mexico, Ecuador, Argentina) and high-volume, low-margin flows to the U.S. The supply chain is optimized for regional premium demand while leveraging bulk trade for scale.
Table: Colombia Passenger Vehicles (HS Code 8703) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| MEXICO | 7.03M | 774.00 | 10.00 | 654.07K |
| ECUADOR | 6.29M | 517.00 | 47.00 | 575.01K |
| ARGENTINA | 5.57M | 358.00 | 9.00 | 487.89K |
| UNITED STATES | 569.68K | 4.89K | 22.00 | 42.46K |
| PERU | 481.74K | 35.00 | 1.00 | 44.59K |
| PANAMA | ****** | ****** | ****** | ****** |
Get Complete Colombia Passenger Vehicles Destination Countries Profile
Colombia HS Code 8703 Breakdown & Value Logic
yTrade data reveals 8703239090 (vehicles 1500-3000cc) dominates Colombia's passenger vehicle exports, capturing 49% frequency and 43% value share, despite modest volume (10% quantity). The high-value skew suggests premium positioning, while smaller sub-codes like 8703210090 (under 1000cc) show volume-driven but lower-margin activity. This signals a Colombia HS Code 8703 Export market bifurcated between high-value mid-range engines and budget small-capacity models, with premium units driving revenue despite fewer shipments.
Table: Colombia (HS Code 8703) Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 870323**** | Vehicles; with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc | 8.74M | 49.00 | 680.00 | 794.79K |
| 870321**** | Vehicles; with only spark-ignition internal combustion piston engine, cylinder capacity not over 1000cc | 6.32M | 16.00 | 739.00 | 600.14K |
| 870322**** | Vehicles; with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | 2.23M | 6.00 | 134.00 | 191.22K |
| 8703** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 8703 Breakdown
Colombia Passenger Vehicles Buyers List
Table: Colombia Passenger Vehicles (HS Code 8703) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| RENAULT MEXICO S.A. DE CV | 7.03M | 774.00 | 10.00 | 654.07K |
| AUTOMOTORES Y ANEXOS S.A | 6.29M | 517.00 | 47.00 | 575.01K |
| RENAULT ARGENTINA S.A | 5.57M | 358.00 | 9.00 | 487.89K |
| U S DESPATCH AGENCY | ****** | ****** | ****** | ****** |
Check Full Passenger Vehicles Buyers list
Frequently Asked Questions
How did Colombia Passenger Vehicles Export perform in September?
Exports dipped 9.36% month-on-month to $20.42M, with volumes down 10.11% to 1.84M kg. Unit prices edged up 0.84% to $11.09/kg.
What are the top Export partners for Colombia Passenger Vehicles?
Mexico ($7.03M), Ecuador ($6.29M), and Argentina ($5.57M) dominated shipments, accounting for 92% of total export value.
Who are the major Passenger Vehicles Buyers?
Renault affiliates drove demand, with Renault Mexico ($7.03M), Automotores y Anexos ($6.29M), and Renault Argentina ($5.57M) as key buyers.
What is the specific HS Code for this trade?
The data covers HS Code 8703, with significant activity in vehicles over 1500cc but not exceeding 3000cc (HS 870323****), representing 48% of total value.
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