2025 May Colombia Retail medicaments (HS3004) Export Snapshot: Surge in Shipments

May Trend: Colombia Retail medicaments Export

Retail medicaments, 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 export volumes jump 78% MoM to 6.39M kg in May, even as unit prices plunged 32% to $5.38/kg. The surge in weight shipped drove total export value up 21% to $34.40M, reversing April's 8% decline. This volatility follows a sharp 26% drop in unit prices back in February, suggesting ongoing price sensitivity in the market.

Table: Colombia Retail Medicaments Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Colombia's retail medicaments exports are dominated by SOUTH GEORGIA AND THE SOUTH SANDWICH ISLANDS, accounting for 17.83% of value but only 15.48% of weight, signaling a premium market demanding high-grade products. Peru, the second-largest partner, shows a bulk hub pattern (29.03% weight vs. 12.51% value), indicating raw material processing. The presence of small island markets (e.g., Fiji, Northern Mariana Islands) with disproportionately high value shares suggests niche, high-margin demand. The trade structure reveals a dual strategy: premium exports to remote markets and bulk flows to regional processors, optimizing for both margin and scale.

Table: Colombia Retail Medicaments (HS Code 3004) Top Destination Countries (Source: yTrade)

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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 exports, capturing 65.4% of value and 95.1% of quantity, signaling a market skewed toward high-volume, low-margin generic drugs. The remaining sub-codes—like antibiotics and vitamin-based medicaments—collectively contribute smaller shares, reflecting fragmented demand for niche therapeutic categories. This Colombia HS Code 3004 Export pattern underscores a reliance on bulk production efficiency over premium pricing, typical of emerging pharmaceutical hubs. The absence of unit price data suggests competitive pricing strategies, further reinforcing a volume-driven trade dynamic. Expect stability in this model unless regulatory or innovation shifts disrupt cost structures.

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

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Colombia Retail Medicaments Buyers List

Table: Colombia Retail Medicaments (HS Code 3004) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Retail medicaments Export perform in May?

Colombia's retail medicaments exports jumped 20.69% month-on-month to $34.40M in May, with shipment volumes surging 78.08% to 6.39M kg.

What are the top Export partners for Colombia Retail medicaments?

South Georgia and the South Sandwich Islands ($6.10M), Peru ($4.28M), and Northern Mariana Islands ($3.60M) were the top destinations in May.

Who are the major Retail medicaments Buyers?

Tecnoquimicas affiliates in Central America and Industrial y Comercial Baxter de Chile dominated buyer activity.

What is the specific HS Code for this trade?

The data covers HS Code 3004, with significant activity in medicaments consisting of mixed or unmixed products (300490****) at $22.49M.