INSUBCONTINENT EXCLUSIVE:
Mexico and Brazil have emerged as the leading auto suppliers to Colombia
Recent data reveals significant changes in import patterns and consumer preferences.Mexico stands out as the top vehicle exporter to
From January to August 2024, Mexico shipped 18,527 vehicles to Colombia
This figure includes both sea and land transport
During the same period, Brazil exported 17,559 vehicles to Colombia
The ports of Cartagena and Buenaventura serve as main entry points for imported vehicles
Cartagena alone received 38,013 new vehicle registrations in the first eight months of 2024
New vehicle registrations in the country have slightly decreased
The first eight months of 2024 saw 118,160 new registrations
This represents a 0.3% drop compared to the same period in 2023.Interestingly, certain segments of the market are growing
Electric vehicle sales have surged by 81.1% from January to August 2024
This increase suggests a shift towards more sustainable transportation options
Hybrid vehicles are also gaining popularity, with sales up 46% in August 2024.Major brands continue to dominate the Colombian market
Toyota, Renault, Kia, Chevrolet, and Mazda hold the top five positions
Together, these brands control 58.1% of the market share
vehicle types show varying trends
Utility cars and vans have seen increased sales
However, commercial cargo vehicles and SUVs have experienced significant declines
These shifts reflect changing consumer needs and preferences.Regional differences within Colombia are notable
