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Colombia: Trade Profile
October 2010
Colombia
             
BASIC INDICATORS
Population (thousands, 2009) 45 660Rank in world trade, 2009ExportsImports
GDP (million current US$, 2009) 230 844Merchandise 5754
GDP (million current PPP US$, 2009) 404 995excluding intra-EU trade4036
Current account balance (million US$, 2009)- 5 146Commercial services6659
Trade per capita (US$, 2007-2009) 1 741excluding intra-EU trade4340
Trade to GDP ratio (2007-2009)  34.5
Annual percentage change
2009  2000-200920082009
Real GDP (2000=100)  144421
Exports of goods and services (volume, 2000=100)  162577
Imports of goods and services (volume, 2000=100)  246101010
             
TRADE POLICY
WTO accession30 April 1995Contribution to WTO budget (%, 2010)0.202
Trade Policy Review22, 24 November 2006Import duties collected (%, 2005-2007)
GPA accession Observerin total tax revenue10.7
Tariffs and duty free importsto total imports7.6
Tariff binding coverage (%)   100Number of notifications to WTO and measures in force 
MFN tariffsFinal boundApplied 2009Outstanding notifications in WTO Central Registry  15
Simple average of import dutiesGoods RTAs - services EIAs notified to WTO5 - 2
All goods  42.8  12.5Anti-dumping (30 June 2009)12
Agricultural goods (AOA)  91.4  16.8Countervailing duties (30 June 2009)...
Non-agricultural goods  35.4  11.8Safeguards (19 October 2009)  0
Non ad-valorem duties (% total tariff lines)  0.0  0.0Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008)Requests for consultation5 - 3
in agricultural goods (AOA)  0.0Original panel / Appellate Body (AB) reports0 - 1
in non-agricultural goods  6.6Compliance panel / AB reports (Article 21.5 DSU)0 - 0
Services sectors with GATS commitments  57Arbitration awards (Article 22.6 DSU)0 - 0
             
MERCHANDISE TRADE ValueAnnual percentage change
2009  2000-200920082009
Merchandise exports, f.o.b. (million US$) 32 8531125-13
Merchandise imports, c.i.f. (million US$) 32 8981221-17
2009  2009
Share in world total exports   0.26Share in world total imports 0.26
Breakdown in economy's total exportsBreakdown in economy's total imports
  By main commodity group (ITS)  By main commodity group (ITS)
Agricultural products  18.2Agricultural products11.5
Fuels and mining products  49.6Fuels and mining products5.6
Manufactures  27.4Manufactures81.7
  By main destination  By main origin
1. United States  39.91. United States  28.9
2. European Union (27)  14.42. European Union (27)  15.7
3. Bolivarian Rep. of Venezuela  12.33. China  11.3
4. Ecuador  3.84. Mexico  7.0
5. Switzerland  3.25. Brazil  6.5
             
COMMERCIAL SERVICES TRADE ValueAnnual percentage change
2009  2000-2009 20082009
Commercial services exports (million US$) 4 104  8141
Commercial services imports (million US$) 6 807  915-4
2009  2009
Share in world total exports  0.12  Share in world total imports0.22
Breakdown in economy's total exportsBreakdown in economy's total imports
  By principal services item  By principal services item
Transportation  27.6  Transportation34.0
Travel  48.7  Travel25.7
Other commercial services  23.7  Other commercial services40.3
             
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2007Trademark registrations by office, 2007
ResidentsNon-residents Total Direct residentsDirect non-residentsMadrid Total 
  20  207  227 10 635 7 504... 18 139
             
 
Courtesy WTO
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