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2025 Jul Colombia Pharmaceutical products (HS3004) Export Snapshot: Steady Growth

Colombia's Pharmaceutical products Export (HS Code 3004) rose 9.53% in July 2025, with Ecuador as the top buyer. Track trends on yTrade for deeper insights.

July Trend: Colombia Pharmaceutical products Export

Pharmaceutical products, classified under HS Code 3004 (Medicaments (excluding goods of heading 3002, 3005 or 3006) 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 edge up in July, with value rising 9.5% MoM to $36.47M despite flat unit prices (-0.15% at $7.10/kg). Shipment volume grew 9.7% to 5.13M kg, continuing the rebound from May's 78% surge. The market remains volatile, with prices swinging over 30% monthly since February.

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%

Get Colombia Pharmaceutical Products Historical Export Data

Geographic Concentration & Market Logic

Ecuador dominates Colombia's pharmaceutical exports, accounting for 19.73% of value but only 11.51% of weight—a clear Value-Volume Gap signaling demand for high-grade or finished products. In contrast, Chile absorbs 46.62% of weight but just 9.02% of value, acting as a bulk hub for raw materials or lower-cost generics. The structure reveals a split strategy: premium markets (Ecuador, Panama) drive profitability, while bulk flows (Chile, Peru) optimize scale. Colombia’s pharmaceutical export chain prioritizes dual efficiency—value capture in key markets and cost-driven volume elsewhere.

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

CountryValueQuantityFrequencyWeight
ECUADOR7.17M590.05K349.00590.05K
PANAMA4.57M293.14K242.00293.14K
PERU3.45M630.66K184.00630.66K
CHILE3.28M2.39M77.002.39M
VENEZUELA2.97M67.15K108.0067.15K
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 July 2025 exports, capturing 60% of value and 93% of weight/quantity—a clear volume-driven play. The remaining sub-codes (antibiotics, vitamins, etc.) 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 scale over specialization, likely serving cost-sensitive healthcare systems.

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 sale21.88M857.004.77M4.77M
300420****Medicaments; containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale4.70M200.0057.54K57.54K
300432****Medicaments; containing corticosteroid hormones, their derivatives or structural analogues (but not containing antibiotics), for therapeutic or prophylactic uses, packaged for retail sale2.18M109.0029.92K29.92K
3004******************************************

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Colombia Pharmaceutical Products Buyers List

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

Buyer CompanyValueQuantityFrequencyWeight
INDUSTRIAL Y COMERCIAL BAXTER DE CHILE LIMITADA1.68M2.23M38.002.23M
LABORATORIOS SIEGFRIED S.A1.24M23.40K63.0023.40K
GENFAR DEL PERU S.A.C1.22M74.99K85.0074.99K
VISKON, C.A************************

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Frequently Asked Questions

How did Colombia Pharmaceutical products Export perform in July?

Colombia's pharmaceutical exports rose 9.53% month-on-month to $36.47M in July, with volumes up 9.69% to 5.13M kg. Unit prices held steady at $7.10/kg (-0.15% MoM).

What are the top Export partners for Colombia Pharmaceutical products?

Ecuador ($7.17M), Panama ($4.57M), and Peru ($3.45M) were the top destinations in July.

Who are the major Pharmaceutical products Buyers?

Industrial y Comercial Baxter de Chile Limitada ($1.68M), Laboratorios Siegfried S.A ($1.24M), and Genfar del Peru S.A.C ($1.22M) led buyer activity.

What is the specific HS Code for this trade?

The data covers HS Code 3004, with significant activity in medicaments for therapeutic uses (HS 300490****) accounting for $21.88M of exports.

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