What products does Colombia export to the US?
The main products that Colombia exported to United States are Crude Petroleum ($2.67B), Cut Flowers ($1.13B), and Gold ($1.1B). During the last 25 years the exports of Colombia to United States have increased at an annualized rate of 3.78%, from $3.77B in 1995 to $9.55B in 2020.
What are 5 major imports of Colombia?
Imports The top imports of Colombia are Broadcasting Equipment ($1.99B), Refined Petroleum ($1.95B), Cars ($1.47B), Packaged Medicaments ($1.31B), and Corn ($1.11B), importing mostly from United States ($11.1B), China ($10B), Mexico ($2.76B), Brazil ($2.41B), and Germany ($1.55B).
What is the major import of Colombia?
Colombia main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals and related products (17 percent); fuel, mineral lubricants and related products (10 percent) and food and livestock (8 percent).
What does the US trade with Columbia?
New Opportunities for Agriculture: Colombia is an important market for America’s farmers and ranchers. In 2010, the United States exported $832 million of agricultural products to Colombia, the second highest export total in South America. Top U.S. exports include wheat, corn, cotton, soybeans, and corn gluten feed.
Does Colombia have free trade with US?
The United States—Colombia Trade Promotion Agreement (TPA) entered into force on May 15, 2012. The TPA is a comprehensive free trade agreement that provides elimination of tariffs and removes barriers to U.S. services, including financial services.
What are the major imports and exports of Colombia?
Other Notable Exports. Cut Flowers – $1.46billion.
What are Colombia’s imports and exports?
What is Colombia’s number one export?
Petroleum
Petroleum is Colombia’s main export, representing over 45% of Colombia’s exports. Manufacturing represents nearly 12% of Colombia’s exports, and grows at a rate of over 10% a year.
What products are made in Colombia?
Colombia’s industries include mining (coal, gold, and emeralds), oil, textiles and clothing, agribusiness (cut flowers, bananas, sugarcane, and coffee), beverages, chemicals and petrochemicals, cement, construction, iron and steel products, and metalworking.
What does Bogota export?
Bogota’s principal exports are flowers, medicines, and coffee, and imports are refined oil, telephones, and aircraft. The Bogota Airport is the principal air cargo hub of Latin America, mobilizing nearly 700 tons in 2017. This is 70% of the total air cargo mobilized in the country.