| Product Code: ETC6758264 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia procurement of armored vehicles saw significant growth in imports in 2024, with top exporting countries being the United States, Spain, Canada, Free Zones, and the Czech Republic. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 33.56%, with a notable growth rate of 134.33% from 2023 to 2024. This data suggests a strong demand for armored vehicles in Colombia and highlights the country`s reliance on a few key exporting nations for meeting its defense needs.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Armored Vehicles Procurement Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Armored Vehicles Procurement Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Armored Vehicles Procurement Market - Industry Life Cycle |
3.4 Colombia Armored Vehicles Procurement Market - Porter's Five Forces |
3.5 Colombia Armored Vehicles Procurement Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Colombia Armored Vehicles Procurement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Armored Vehicles Procurement Market Trends |
6 Colombia Armored Vehicles Procurement Market, By Types |
6.1 Colombia Armored Vehicles Procurement Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Armored Vehicles Procurement Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Colombia Armored Vehicles Procurement Market Revenues & Volume, By Armored personnel carrier (APC), 2021- 2031F |
6.1.4 Colombia Armored Vehicles Procurement Market Revenues & Volume, By Infantry fighting vehicle (IFV), 2021- 2031F |
6.1.5 Colombia Armored Vehicles Procurement Market Revenues & Volume, By Mine-resistant ambush protected (MRAP), 2021- 2031F |
6.1.6 Colombia Armored Vehicles Procurement Market Revenues & Volume, By Main battle tank (MBT), 2021- 2031F |
6.1.7 Colombia Armored Vehicles Procurement Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Armored Vehicles Procurement Market Import-Export Trade Statistics |
7.1 Colombia Armored Vehicles Procurement Market Export to Major Countries |
7.2 Colombia Armored Vehicles Procurement Market Imports from Major Countries |
8 Colombia Armored Vehicles Procurement Market Key Performance Indicators |
9 Colombia Armored Vehicles Procurement Market - Opportunity Assessment |
9.1 Colombia Armored Vehicles Procurement Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Colombia Armored Vehicles Procurement Market - Competitive Landscape |
10.1 Colombia Armored Vehicles Procurement Market Revenue Share, By Companies, 2024 |
10.2 Colombia Armored Vehicles Procurement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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