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Colombia Trade Summary

1998

Colombia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR COLOMBIA 1998

Overall Exports and Imports for Colombia 1998

Exports and imports of Colombia in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,821 million.
  • The total value of imports (CIF) was 14,677 million.
  • At the HS6 digit level, 3,098 products were exported to 147 countries and 4,603 products were imported from 166 countries.

Colombia top 5 Export and Import partners 1998

Top five countries to which Colombia exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Colombia exports to United States worth US$ 4,140 million, with a partner share of 38.26 percent.
  2. Colombia exports to Venezuela worth US$ 1,145 million, with a partner share of 10.58 percent.
  3. Colombia exports to Germany worth US$ 683 million, with a partner share of 6.31 percent.
  4. Colombia exports to Ecuador worth US$ 574 million, with a partner share of 5.30 percent.
  5. Colombia exports to Peru worth US$ 370 million, with a partner share of 3.42 percent.

Top five countries from which Colombia imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Colombia imports from United States worth US$ 4,721 million, with a partner share of 32.17 percent.
  2. Colombia imports from Venezuela worth US$ 1,312 million, with a partner share of 8.94 percent.
  3. Colombia imports from Japan worth US$ 989 million, with a partner share of 6.74 percent.
  4. Colombia imports from Germany worth US$ 779 million, with a partner share of 5.31 percent.
  5. Colombia imports from Mexico worth US$ 631 million, with a partner share of 4.30 percent.

Colombia Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Colombia along with trade value are:

  1. Colombia exported Petroleum oils and oils obtained from bituminou , worth US$ 2,070,701.18 million.
  2. Colombia exported Coffee, not roasted or decaffeinated , worth US$ 1,891,341.31 million.
  3. Colombia exported Bituminous coal, not agglomerated , worth US$ 920,028.80 million.
  4. Colombia exported Fresh cut flowers and buds , worth US$ 555,958.40 million.
  5. Colombia exported Bananas, including plantains, fresh or dried , worth US$ 476,102.34 million.

The top five imported HS 6 digit level products from world by Colombia along with trade value are

  1. Colombia imported Transmission apparatus, for radioteleph incorpo , worth US$ 572,432.70 million.
  2. Colombia imported Telephonic or telegraphic switching apparatus , worth US$ 306,885.44 million.
  3. Colombia imported Maize (excl. seed) , worth US$ 267,157.12 million.
  4. Colombia imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 241,927.38 million.
  5. Colombia imported Automobiles with reciprocating piston engine di , worth US$ 195,374.35 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Colombia in 1998 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.39 percent.
  • The trade weighted average tariff was 11.18 .
  • The total duty free imports in thousands of US dollars were 498,517.34 and duty free tariff line items share was 2.16 percent.

Development Indicators 1998

Key Development Indicators of Colombia in 1998 are below

  • Colombia GDP in current US dollar was 98,486 million.
  • GNI per capita, Atlas method (current US$) was 2,590.00 .
  • Colombia Trade balance: as % of GDP was -5.89.
  • Trade balance in current US$ was -5,805.00 million.
  • Trade as percentage of GDP was 35.91 .
  • Trade in services as percentage of GDP was 5.42 .

Trade Indicators 1998

Trade Indicators for Colombia in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 3.93.
  • World Growth in percentage was -0.47 and Colombia Country Growth was -1.10 .