Investment in Biotechnology

Approximately 20% of total fertilizer consumption in Colombia is supplied by domestic production, so it can be assumed that the rest is obtained from imports.

 

  • In 2016 the gross production of agrochemicals was USD 1.4 billion, which represented a growth of 6.9% compared to 2015. Products with the highest sales were: insecticides and fungicides; complex and mixed fertilizers; and nitrogen fertilizers.
  • According to the World Bank, Colombia is the country in the region with the highest fertilizer consumption per hectare, with a use 5.9 times higher than its neighbors in the region. Currently in Colombia approximately USD 2 billion of fertilizers, pesticides and herbicides are produced.
  • Colombia has 16 commercial agreements with preferential access in the different tariff items of chemical products to countries such as the United States and other CAN countries. That is why, it has become the number one supplier of all categories of agrochemicals in Ecuador; salts and mixtures of calcium and ammonium nitrates in Peru; products with aldrin in the Dominican Republic; herbicides in Jamaica; and fungicides in Costa Rica, Panama, Peru, Jamaica, El Salvador and Guatemala.
  • Colombia is consolidated as an export platform to serve the different markets of the region. In 2017, US $ 468 million were exported to markets such as Brazil (27%), Ecuador (12%) and Mexico (12%).
  • The regional market in 2016 reached more than USD 27.1 billion. Brazil was the country that participated with the highest amount of imports (USD 8.4 billion), followed by the United States (USD 6.9 billion) and Canada (USD 2.5 billion).

 

  • Establish fertilizer formulation and mix plants to serve the growing local market, taking into account their high consumption in Colombia and high imports close to 80% of the total local consumption.
  • Install agrochemical distribution centers to take advantage of Colombia's trade agreements and establish an export platform for the region.

Success Stories

Yara

A leading company in the production and marketing of mineral fertilizers for agriculture, inaugurated a new Premium product plant in Cartagena to meet the growing demand in Latin America for solutions for crop nutrition.

Contact

These are just some of the reasons to invest in the Agrochemicals sector, we invite you to learn in more detail these and more reasons why to choose Colombia as the destination for your projects.

Investment Specialist: Manuel Salgado - This email address is being protected from spambots. You need JavaScript enabled to view it.

At PROCOLOMBIA we cater to international companies, large enterprises and foreign government agencies interested in investment in Colombia.

Due to the nature of our activities, we do not attend to individual or personal investment requirements.

We suggest you review our Frequently Asked Questions on Investment in Colombia before you send us your inquiries.

If you are a corporate investor, please fill out contact form.

Contact Manufacturing
  1. At Proexport Colombia, we are interested in helping you invest in Colombia.
    Fill the form and we will contact you back.

  2. * Please remember fields marked with asterisk (*) are mandatory.


  3. Full Name(*)
    Please enter your full name.
  4. E-mail(*)
    Invalid email, please check the address.
  5. Country(*)
    Please select a Country
  6. Please type your information request(*)
    Entrada no válida
  7. Enter security code
    Invalid Input
e-max.it: your social media marketing partner

Sectors

Find more information about sector opportunities.
view more Agroindustria Manufacturas Servicios

Invalid Input

Invalid Input

Invalid Input

Aceptar

Subscribe