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Colombia Trade Summary

2007

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 2007

Overall Exports and Imports for Colombia 2007

Exports and imports of Colombia in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 29,991 million.
  • The total value of imports (CIF) was 32,897 million.
  • At the HS6 digit level, 3,449 products were exported to 176 countries and 4,282 products were imported from 190 countries.

Colombia top 5 Export and Import partners 2007

Top five countries to which Colombia exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Colombia exports to United States worth US$ 10,609 million, with a partner share of 35.37 percent.
  2. Colombia exports to Venezuela worth US$ 5,210 million, with a partner share of 17.37 percent.
  3. Colombia exports to Ecuador worth US$ 1,276 million, with a partner share of 4.25 percent.
  4. Colombia exports to Switzerland worth US$ 885 million, with a partner share of 2.95 percent.
  5. Colombia exports to Netherlands worth US$ 836 million, with a partner share of 2.79 percent.

Top five countries from which Colombia imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Colombia imports from United States worth US$ 8,631 million, with a partner share of 26.24 percent.
  2. Colombia imports from China worth US$ 3,327 million, with a partner share of 10.11 percent.
  3. Colombia imports from Mexico worth US$ 3,073 million, with a partner share of 9.34 percent.
  4. Colombia imports from Brazil worth US$ 2,394 million, with a partner share of 7.28 percent.
  5. Colombia imports from Venezuela worth US$ 1,366 million, with a partner share of 4.15 percent.

Colombia Top 5 Productsexports imports at HS 6 digit level 2007

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$ 5,544,601.25 million.
  2. Colombia exported Bituminous coal, not agglomerated , worth US$ 3,312,317.34 million.
  3. Colombia exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,744,296.48 million.
  4. Colombia exported Coffee, not roasted or decaffeinated , worth US$ 1,714,343.29 million.
  5. Colombia exported Ferro-nickel , worth US$ 1,680,278.36 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$ 938,042.84 million.
  2. Colombia imported Automobiles with reciprocating piston engine di , worth US$ 933,517.05 million.
  3. Colombia imported Maize (excl. seed) , worth US$ 674,352.70 million.
  4. Colombia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 521,147.59 million.
  5. Colombia imported Road tractors for semi-trailers (truck tractors , worth US$ 485,983.59 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Colombia in 2007 are below

  • The maximum rate of tariff in percentage on any product was 80 percent.
  • The simple average tariff across all products was 10.80 percent.
  • The trade weighted average tariff was 8.82 .
  • The total duty free imports in thousands of US dollars were 8,250,825.56 and duty free tariff line items share was 15.34 percent.

Development Indicators 2007

Key Development Indicators of Colombia in 2007 are below

  • Colombia GDP in current US dollar was 206,230 million.
  • GNI per capita, Atlas method (current US$) was 4,170.00 .
  • Colombia Trade balance: as % of GDP was -4.23.
  • Trade balance in current US$ was -8,729.00 million.
  • Trade as percentage of GDP was 37.10 .
  • Trade in services as percentage of GDP was 5.83 .

Trade Indicators 2007

Trade Indicators for Colombia in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 5.49.
  • World Growth in percentage was 7.58 and Colombia Country Growth was 8.32 .