A coil component has a first surface and a second surface facing each other. The coil component has a coil conductor formed into a spiral shape, an insulating resin layer covering the coil conductor, a magnetic resin layer disposed on the first surface side of the insulating resin layer without being disposed on the second surface side of the insulating resin layer, and an external terminal disposed at least on one surface on the first surface side of the magnetic resin layer and electrically connected to the coil conductor. The magnetic resin layer is made of a composite material of a resin and a metal magnetic powder. The external terminal includes a metal film contacting the resin and the metal magnetic powder of the magnetic resin layer.