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  • Publicado : 19 de noviembre de 2009
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Colombia
Imports: CIF, by origin Exports: FOB, by last known destination Trade System: General

Overview (See graphs 1, 2, 3 and tables 1, 2 and 4): Since 2004, Colombia's exports and imports increased more than twofold, on average respectively by 22.5 and 23.4 percent each year. They amounted respectively to 37.6 and 39.7 bln US$ in 2008. This resulted in a trade deficit of 2 bln US$,compared to 13.7 mln US$ in 2005 and 2.9 bln US$ in 2007. By MDG regions, the trade balance recorded surpluses with Latin America and the Caribbean (+3.3 bln US $) and Developed North America (+2.2 bln US$). The trade balance recorded a deficit exceeding 5 bln US$ with Eastern Asia. In 2008, trade was diversified across partners: 15 major partners (respectively 14) accounted for 80 percent of exports(respectively imports). However, the USA, the top partner for Colombia's exports, was the destination for 38 percent of exports.

Graph 1: Total imports, exports and trade balance
(Bln US$ by year)
40 30 20 10 0 −10 −20 −30 −40
q q q q q q q q q q q q q q

Exports

Imports

q

Trade Balance

Table 1: Exports by SITC sections
(Value in million US$, growth and shares in percentage)SITC 2008 Avg. Growth rates (%) 2004-2008 2007-2008 2008 share

q

Total 0+1 2+4 3 5 6 7 8 9

37 625.9 5 015.2 2 268.0 17 295.0 2 951.5 4 649.7 1 884.3 2 529.2 1 032.9

22.5 16.9 22.5 29.4 17.6 18.9 19.9 13.9 15.7

25.5 16.3 10.0 59.1 22.3 -2.1 -14.7 -1.5 28.3

100.0 13.3 6.0 46.0 7.8 12.4 5.0 6.7 2.7

94

95

96

97

98

99

00

01

02

03

04

05

06

0708

Table 2: Imports by SITC sections
(Value in million US$, growth and shares in percentage)
SITC 2008 Avg. Growth rates (%) 2004-2008 2007-2008 2008 share

19

19

19

19

19

19

20

20

20

20

20

20

20

20

Exports Profile (See tables 1, 3 and 4): In 2008, exports of mineral fuels, lubricants and related materials (SITC section 3) increased by 59.1 percentand accounted for 46 percent of exported goods. Exports of food, beverages and tobacco (SITC sections 0+1) increased by 16.3 percent and represented 13.3 percent of exports while exports of manufactured goods classified chiefly by material (SITC section 6) dropped by 2.1 percent, and accounted for 12.4 percent. In 2008, exports to the USA, the top partner were largely (70.6 percent) mineral fuels,lubricants and related materials (SITC section 3). Other major partners included the Bolivarian Republic of Venezuela and Ecuador. Crude petroleum oils (HS code 2709), the top product for exports over the last three years accounted for 24.7 percent of exports in 2008. Other major products for exports included coal, briquettes, ovoids etc, made from coal (HS code 2701) and non crude petroleum oils(HS code 2710).

20

Total 0+1 2+4 3 5 6 7 8 9

39 668.8 3 474.9 1 327.8 1 814.5 7 407.7 6 713.8 15 562.9 3 044.3 323.1

23.4 23.5 16.1 61.3 19.0 22.9 23.7 26.2 29.9

20.6 31.5 30.9 98.6 21.7 15.9 14.4 19.6 7.7

100.0 8.8 3.3 4.6 18.7 16.9 39.2 7.7 0.8

Table 3: Top 10 export commodities 2006 to 2008
(Value in million US$)
Value (million US$) Unit value 4-digit heading ofHarmonized System 2002 2006 2007 2008 2006 2007 2008 Unit ALL COMMODITIES.......................................................................................................... 24 391.0 29 991.3 37 625.9 2709 Petroleum oils, crude........................................................................................................ 4 535.4 5 544.6 9 306.2 0.4 0.5 0.6 US$/kg 2701 Coal; briquettes,ovoids and similar solid fuels manufactured from coal........................ 2 807.2 3 323.9 4 593.6 0.0 0.0 0.1 US$/kg 2710 Petroleum oils, other than crude...................................................................................... 1 768.6 1 744.3 2 736.3 0.3 0.4 0.5 US$/kg 0901 Coffee, whether or not roasted or decaffeinated............................................................. 1...
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