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2025 Aug Colombia Pharmaceutical products (HS 3004) Export Snapshot: Price Dip

Colombia's Pharmaceutical products Export (HS Code 3004) saw a 10.56% drop in August 2025, with key buyers in Ecuador and Panama. Track trends on yTrade.

August Trend: Colombia Pharmaceutical products Export

Pharmaceutical products, classified under HS Code 3004 (Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses or in forms or packings for retail sale.), saw exports dip in August, with value falling 10.56% MoM to $32.62M and unit prices dropping 10.47% to $6.36/kg. Shipment volumes held steady at 5.13M kg, barely shifting from July. The decline follows a volatile year, with May’s 78% surge in volume contrasting sharply with April’s 26% contraction. No direct tariff or trade policy impacts were evident in August’s data.

Table: Colombia Pharmaceutical Products Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-0118.37M USD2.00M kg$9.20/kgN/AN/AN/A
2025-02-0129.17M USD4.29M kg$6.79/kg+58.77%+115.07%-26.18%
2025-03-0131.01M USD4.83M kg$6.42/kg+6.30%+12.43%-5.46%
2025-04-0128.50M USD3.59M kg$7.94/kg-8.09%-25.63%+23.58%
2025-05-0134.40M USD6.39M kg$5.38/kg+20.69%+78.08%-32.23%
2025-06-0133.30M USD4.68M kg$7.12/kg-3.19%-26.82%+32.29%
2025-07-0136.47M USD5.13M kg$7.10/kg+9.53%+9.69%-0.15%
2025-08-0132.62M USD5.13M kg$6.36/kg-10.56%-0.10%-10.47%

Get Colombia Pharmaceutical Products Historical Export Data

Geographic Concentration & Market Logic

Ecuador dominates Colombia's pharmaceutical exports with 20.26% value share but only 18.74% weight share, signaling demand for higher-value finished products. Chile, however, shows a stark Value-Volume Gap—32.01% weight share vs. 4.94% value share—revealing its role as a bulk hub for raw materials. The US and El Salvador, with high value-to-weight ratios, are premium markets for specialized drugs. This structure highlights a dual-track supply chain: cost-driven bulk flows to regional hubs (Chile, Dominican Republic) and high-margin exports to niche markets. Colombia’s trade is strategically split between volume efficiency and premium segmentation.

(SEO: Colombia Pharmaceutical products Export destinations)

Table: Colombia Pharmaceutical Products (HS Code 3004) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
ECUADOR6.55M959.88K284.00959.88K
PANAMA3.49M668.73K238.00668.73K
PERU3.33M614.29K142.00614.29K
EL SALVADOR3.09M42.15K121.0042.15K
VENEZUELA2.66M124.44K84.00124.44K
DOMINICAN REPUBLIC************************

Get Complete Colombia Pharmaceutical Products Destination Countries Profile

Colombia HS Code 3004 Breakdown & Value Logic

HS 3004902900 dominates Colombia's August 2025 exports (49% frequency, 58% value), per yTrade data, with 4.79M units of mixed medicaments—highlighting a bulk-driven market where volume trumps premium pricing. The remaining sub-codes, including antibiotic and hormone-based products, collectively contribute marginal shares, reinforcing a focus on cost-efficient, high-volume therapeutics. This signals a market anchored in affordability and scale, not niche high-value segments.

Table: Colombia (HS Code 3004) Breakdown Details (Source: yTrade)

HS CodeProduct DescriptionValueFrequencyQuantityWeight
300490****Medicaments; consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale19.11M796.004.79M4.79M
300420****Medicaments; containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale3.84M186.0057.68K57.68K
300439****Medicaments; containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale1.62M22.0010.55K10.55K
3004******************************************

Check Detailed HS Code 3004 Breakdown

Colombia Pharmaceutical Products Buyers List

Table: Colombia Pharmaceutical Products (HS Code 3004) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
TECNOQUIMICAS DE EL SALVADOR S A DE C V2.13M30.36K14.0030.36K
MARIUS PHARMACEUTICALS1.48M9.84K10.009.84K
INDUSTRIAL Y COMERCIAL BAXTER DE CHILE LIMITADA1.03M1.63M32.001.63M
TECNOQUIMICAS DE GUATEMALA, SOCIEDAD ANONIMA************************

Check Full Pharmaceutical products Buyers list

Frequently Asked Questions

How did Colombia Pharmaceutical products Export perform in August?

Exports dipped 10.56% month-on-month to $32.62M, with unit prices falling 10.47% to $6.36/kg.

What are the top Export partners for Colombia Pharmaceutical products?

Ecuador ($6.55M), Panama ($3.49M), and Peru ($3.33M) led demand.

Who are the major Pharmaceutical products Buyers?

Tecnoquímicas de El Salvador S.A. de C.V. ($2.13M) and Marius Pharmaceuticals ($1.48M) were key buyers.

What is the specific HS Code for this trade?

The data covers HS Code 3004, with significant activity in medicaments for retail sale (300490****).

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