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2025 Q3 Colombia Pharmaceutical products (HS3004) Export Snapshot: Price Jump

Colombia's Pharmaceutical products Export (HS Code 3004) surged 19.31% in Q3 2025, with unit prices up 32%. Track trends on yTrade for key insights.

Q3 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 rebound in September with a 32% surge in unit prices to $8.40/kg, pushing total value up 19% MoM to $38.92M despite a 9.6% drop in volume. This follows August’s 10.5% decline in both value and unit price, suggesting volatile demand or pricing adjustments. Colombia’s recent tax reimbursement decree for exports may have influenced the recovery, though volumes remain below Q2 peaks. The quarter closed with mixed signals: July’s steady growth (+9.5% value) contrasted with August’s slump before September’s rally. Year-to-date, exports show a 112% weight increase since January, but unit prices are down 27% from the $9.20/kg starting point.

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%
2025-09-0138.92M USD4.64M kg$8.40/kg+19.31%-9.61%+32.00%

Get Colombia Pharmaceutical Products Historical Export Data

Geographic Concentration & Market Logic

Ecuador dominates Colombia's pharmaceutical exports, accounting for 21.26% of value but only 18.48% of weight, signaling demand for higher-value finished products. In contrast, Chile’s 38.28% weight share dwarfs its 7.05% value share, revealing a bulk hub role for raw materials. The pattern suggests a dual strategy: premium markets (Ecuador, El Salvador) and cost-driven bulk trade (Chile, Peru). Supply chains prioritize efficiency, with weight-heavy flows offsetting lower margins. Colombia Pharmaceutical products Export destinations hinge on this value-volume gap—high-grade demand in some, commoditized volume in others.

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

CountryValueQuantityFrequencyWeight
ECUADOR22.82M2.75M1.04K2.75M
PANAMA11.66M1.26M698.001.26M
PERU10.78M1.88M551.001.88M
EL SALVADOR7.86M108.50K432.00108.50K
VENEZUELA7.63M226.12K298.00226.12K
CHILE************************

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Colombia HS Code 3004 Breakdown & Value Logic

yTrade data reveals HS Code 3004902900 (mixed medicaments for retail sale) dominates Colombia's Q3 2025 exports, capturing 48% of frequency and 59% of value—driven by high-volume, low-unit-price bulk shipments. The remaining sub-codes (antibiotics, corticosteroids, vitamins) are fragmented, suggesting Colombia HS Code 3004 Export thrives on commoditized, mass-market demand rather than premium niches. This confirms a market anchored in scalable, therapeutic-grade generics with tight margins.

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 sale64.27M2.58K13.75M13.75M
300420****Medicaments; containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale12.64M584.00204.74K204.74K
300432****Medicaments; containing corticosteroid hormones, their derivatives or structural analogues (but not containing antibiotics), for therapeutic or prophylactic uses, packaged for retail sale5.77M338.0074.18K74.18K
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 LIMITADA4.06M5.22M98.005.22M
LABORATORIOS SIEGFRIED S.A3.69M81.15K141.0081.15K
TECNOQUIMICAS DE EL SALVADOR S A DE C V3.46M38.83K24.0038.83K
TECNOQUIMICAS DE GUATEMALA, SOCIEDAD ANONIMA************************

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Frequently Asked Questions

How did Colombia Pharmaceutical products Export perform in Q3?

Exports rose 19.31% month-on-month in September to $38.92M, rebounding from August's 10.56% drop, with unit prices jumping 32% to $8.40/kg.

What are the top Export partners for Colombia Pharmaceutical products?

Ecuador ($22.82M), Panama ($11.66M), and Peru ($10.78M) accounted for 65% of total exports.

Who are the major Pharmaceutical products Buyers?

Industrial y Comercial Baxter de Chile Limitada ($4.06M) and Laboratorios Siegfried S.A ($3.69M) led purchases, indicating concentrated demand from regional pharmaceutical distributors.

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****) at $64.27M.

Detailed Monthly Report

Colombia HS3004 Export Snapshot 2025 JUL

Colombia HS3004 Export Snapshot 2025 AUG

Colombia HS3004 Export Snapshot 2025 SEP

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