Colombia is a large exporter of tropical fruits, nuts, and grains. Exports of bananas, rice, cocoa beans, and oilseeds amount to about 2.5% of all exports. Steel and iron exports constitute 1.6% of Colombia’s exports. Most of the products are industrial grade material for manufacturing and construction industries.
What are the main products of Colombia?
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 are Colombian exports?
Economy of Colombia
|Exports||$39.48 billion (2017 est.)|
|Export goods||petroleum, coal, coffee, gold, bananas, cut flowers, coke (fuel), ferroalloys, emeralds|
|Main export partners||United States 28.5% Panama 8.6% China 5.1% (2017)|
|Imports||$44.24 billion (2017 est.)|
What products does Colombia export to the US?
The top export categories (2-digit HS) in 2019 were: mineral fuels ($3.5 billion), machinery ($1.6 billion), electrical machinery ($1.1 billion), organic chemicals ($971 million), and cereals (corn) ($872 million).
What is Colombia’s biggest export?
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. …
What food does Colombia import?
Top Colombian Imports
- Refined petroleum – $2.94 billion.
- Corn – $1 billion.
- Soybean meal – $666 million.
- Crude petroleum – $508 million.
- Wheat – $410 million.
Who is Colombia’s largest trading partner?
Colombia top 5 Export and Import partners
|Exporter||Trade (US$ Mil)||Partner share(%)|
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 is the average income per person in Colombia?
Gross national income per capita in Colombia from 2010 to 2019 (in U.S. dollars)
|Characteristic||Income per capita in U.S. dollars|
How much coffee does the US import from Colombia?
In fact, the US imports more than $1 billion in unroasted coffee from Colombia each year, and here at Those Coffee People, we are proud to be part of that number.
Is Colombia a duty free country?
Over 80 percent of U.S. exports of consumer and industrial products to Colombia will become duty free immediately, with remaining tariffs phased out over 10 years.