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2025 Feb Colombia Pharmaceutical products (HS3004) Export Snapshot: Surge & Dip

Colombia's Pharmaceutical products Export (HS Code 3004) surged 58.77% in Feb 2025, with Ecuador leading demand. Track trends on yTrade for deeper insights.

February 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 surge in February, with volume jumping 115% MoM to 4.29M kg. The value of shipments rose 59% to $29.17M, though unit prices dropped 26% to $6.79/kg, signaling a shift toward higher-volume, lower-margin trade. No major policy changes or disruptions were reported to influence the trend.

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%

Get Colombia Pharmaceutical Products Historical Export Data

Geographic Concentration & Market Logic

Ecuador dominates Colombia's pharmaceutical exports, accounting for 24.96% of value but only 18.02% of weight, signaling a premium market demanding high-grade or finished products. Chile, however, shows a bulk hub pattern with 44.54% weight share but just 10.73% value share, indicating raw material or low-margin shipments. The overall structure (high value-weight gaps in key markets like Panama and El Salvador) suggests a supply chain optimized for high-margin specialization, not volume efficiency.

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

CountryValueQuantityFrequencyWeight
ECUADOR7.17M773.02K310.00773.02K
PERU3.28M384.66K200.00384.66K
CHILE3.08M1.91M69.001.91M
PANAMA2.62M165.63K112.00165.63K
DOMINICAN REPUBLIC1.99M476.41K122.00476.41K
EL SALVADOR************************

Get Complete Colombia Pharmaceutical Products Destination Countries Profile

Colombia HS Code 3004 Breakdown & Value Logic

yTrade data reveals HS Code 3004902900 (mixed medicaments for retail) dominates Colombia's February 2025 exports, capturing 60% of value and 91% of quantity—a clear volume-driven play. The remaining sub-codes, including antibiotic and vitamin-based medicaments, collectively contribute marginal shares, suggesting Colombia HS Code 3004 Export thrives on high-volume, low-unit-price generics rather than premium-priced niche products. This bulk-heavy profile aligns with a market prioritizing scalable, affordable therapeutics over specialized high-margin offerings.

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 sale17.56M810.003.90M3.90M
300420****Medicaments; containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale3.66M175.0082.01K82.01K
300432****Medicaments; containing corticosteroid hormones, their derivatives or structural analogues (but not containing antibiotics), for therapeutic or prophylactic uses, packaged for retail sale1.48M80.0025.12K25.12K
3004******************************************

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Colombia Pharmaceutical Products Buyers List

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

Buyer CompanyValueQuantityFrequencyWeight
LABORATORIOS SIEGFRIED S.A2.39M18.24K34.0018.24K
INDUSTRIAL Y COMERCIAL BAXTER DE CHILE LIMITADA1.51M1.85M25.001.85M
GENFAR DEL PERU S.A.C903.10K59.24K65.0059.24K
LUKOLL SAC************************

Check Full Pharmaceutical products Buyers list

Frequently Asked Questions

How did Colombia Pharmaceutical products Export perform in February?

Exports surged 58.77% month-on-month to $29.17M, with shipment volume more than doubling (+115.07% to 4.29M kg). Unit prices dropped 26.18% to $6.79/kg.

What are the top Export partners for Colombia Pharmaceutical products?

Ecuador ($7.17M), Peru ($3.28M), and Chile ($3.08M) led demand, accounting for 46% of total export value.

Who are the major Pharmaceutical products Buyers?

Laboratorios Siegfried S.A ($2.39M) and Industrial y Comercial Baxter de Chile Limitada ($1.51M) dominated purchases, indicating concentrated buyer power.

What is the specific HS Code for this trade?

The data covers HS Code 3004, with significant activity in medicaments for retail therapeutic use (HS 300490****, $17.56M).

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