Contents
What does Colombia import from other countries?
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).
Where does Colombia import from?
Colombia imports from United States worth US$ 13,375 million, with a partner share of 25.38 percent. Colombia imports from China worth US$ 10,967 million, with a partner share of 20.81 percent. Colombia imports from Mexico worth US$ 3,880 million, with a partner share of 7.36 percent.
What are major exports in Colombia?
Top Colombia Exports
- Crude Petroleum and Coal Briquettes. This is by far the largest export commodity in Colombia.
- Coffee and Spices. Using data from 2018, Coffee and spices made up 5.6 % of the total exports.
- Gems and Precious Metals.
- Plastics.
- Live Trees and Cut Flowers.
- Fruits and Nuts.
- Steel and Iron.
- Vehicles.
What is the number 1 export for Colombia?
crude petroleum
Shipments of crude petroleum account for 31.8% of Colombia’s total exports, making it the biggest export of the country. Worldwide exports of crude petroleum are worth $1.08 trillion each year and Colombia has a 1.28% share of that market.
What is Colombia known for producing?
Colombia’s major exports are petroleum, coffee, coal, nickel, cut flowers, and bananas. The United States is Colombia’s largest trading partner, representing about 41% of Colombia’s exports and 27% of its imports. Colombia has considerable mineral and energy resources, especially coal and natural gas reserves.
What is Colombia’s main industry?
Economy of Colombia
| Statistics | |
|---|---|
| Main industries | textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds, shipbuilding, electronics industry, home appliance |
| Ease-of-doing-business rank | 67th (easy, 2020) |
| External | |
| Exports | $39.48 billion (2017 est.) |
What is Colombia famous for producing?
The primary agricultural products of Colombia are coffee (the country is the fourth-largest producer of coffee in the world), cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables, fique, panela, forest products; and shrimp.
Is Colombia richer than India?
India has a GDP per capita of $7,200 as of 2017, while in Colombia, the GDP per capita is $14,400 as of 2017.
What are Colombia major industries?
Industry and Agriculture 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 products are made in Colombia?
Where can I find list of Colombia exports?
This page displays a table with Colombia Exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.
Who is the second largest exporter to Colombia?
China mainly buys commodities from Colombia such as petroleum and coal and is now Colombia’s second largest export market, with 2018 exports almost doubling in value over the previous year to reach USD four billion. The United States, however, is still the largest importer of Colombian products and imported over USD 10 billion in 2018.
Who are the top trade partners of Colombia?
The top export destinations of Colombia are the United States ($11.1B), Panama ($2.58B), China ($2.02B), the Netherlands ($1.86B) and Mexico ($1.56B). The top import origins are the United States ($11.7B), China ($8.58B), Mexico ($3.47B), Brazil ($2.42B) and Germany ($1.86B).
What kind of trade balance does Colombia have?
The following types of Colombian product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.