• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

China and South Korea gain ground in Colombia's vehicle market as Brazil and Mexico lose share

FinanceColombiaBloomberg Línea40 s readAI summary
Image: Bloomberg Línea

Between January and August 2026, Colombian imports of vehicles, parts and accessories grew 55.9% compared with the same period in 2025, according to ANIF data. China accounted for 30.1% of vehicle imports as of July 2026, up from 16.1% in 2022, and South Korea rose from 2.5% to 11.6%, while Brazil and Mexico lost share. New vehicle registrations rose 36.1% year on year in September 2026, and hybrids and electrics made up 46.2% of sales between January and September.

In 40 seconds

  • Imports of vehicles, parts and accessories grew 55.9% between January and August 2026 and added US$2.326 billion CIF.
  • China reached 30.1% of vehicle imports as of July 2026 and South Korea 11.6%, versus 16.1% and 2.5% in 2022.
  • Brazil posted the largest drop in share and Mexico also lost ground as a supplier.
Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

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