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Colombia Trade Summary

2008

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 2008

Overall Exports and Imports for Colombia 2008

Exports and imports of Colombia in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 37,626 million.
  • The total value of imports (CIF) was 39,669 million.
  • At the HS6 digit level, 3,478 products were exported to 182 countries and 4,281 products were imported from 198 countries.

Colombia top 5 Export and Import partners 2008

Top five countries to which Colombia exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Colombia exports to United States worth US$ 14,289 million, with a partner share of 37.98 percent.
  2. Colombia exports to Venezuela worth US$ 6,092 million, with a partner share of 16.19 percent.
  3. Colombia exports to Ecuador worth US$ 1,500 million, with a partner share of 3.99 percent.
  4. Colombia exports to Switzerland worth US$ 945 million, with a partner share of 2.51 percent.
  5. Colombia exports to Peru worth US$ 855 million, with a partner share of 2.27 percent.

Top five countries from which Colombia imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Colombia imports from United States worth US$ 11,583 million, with a partner share of 29.20 percent.
  2. Colombia imports from China worth US$ 4,549 million, with a partner share of 11.47 percent.
  3. Colombia imports from Mexico worth US$ 3,126 million, with a partner share of 7.88 percent.
  4. Colombia imports from Brazil worth US$ 2,328 million, with a partner share of 5.87 percent.
  5. Colombia imports from Germany worth US$ 1,557 million, with a partner share of 3.93 percent.

Colombia Top 5 Productsexports imports at HS 6 digit level 2008

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$ 9,306,209.07 million.
  2. Colombia exported Bituminous coal, not agglomerated , worth US$ 4,577,882.00 million.
  3. Colombia exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,736,322.70 million.
  4. Colombia exported Coffee, not roasted or decaffeinated , worth US$ 1,883,221.31 million.
  5. Colombia exported Fresh cut flowers and buds , worth US$ 1,084,223.25 million.

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

  1. Colombia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,523,915.09 million.
  2. Colombia imported Automobiles with reciprocating piston engine di , worth US$ 996,171.26 million.
  3. Colombia imported Maize (excl. seed) , worth US$ 925,851.47 million.
  4. Colombia imported Transmission apparatus, for radioteleph incorpo , worth US$ 909,702.13 million.
  5. Colombia imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 753,099.41 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Colombia in 2008 are below

  • The maximum rate of tariff in percentage on any product was 80 percent.
  • The simple average tariff across all products was 10.78 percent.
  • The trade weighted average tariff was 8.72 .
  • The total duty free imports in thousands of US dollars were 9,121,071.69 and duty free tariff line items share was 15.54 percent.

Development Indicators 2008

Key Development Indicators of Colombia in 2008 are below

  • Colombia GDP in current US dollar was 242,504 million.
  • GNI per capita, Atlas method (current US$) was 4,770.00 .
  • Colombia Trade balance: as % of GDP was -2.95.
  • Trade balance in current US$ was -7,150.00 million.
  • Trade as percentage of GDP was 39.17 .
  • Trade in services as percentage of GDP was 5.85 .

Trade Indicators 2008

Trade Indicators for Colombia in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 5.41.
  • World Growth in percentage was 7.43 and Colombia Country Growth was 18.46 .