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 are Colombia’s main exports?
U.S. imports from Colombia in 2010 were $15.6 billion, up 38% from 2009 due to high crude oil prices and a low dollar. Colombia’s major exports are petroleum, coffee, coal, nickel, cut flowers, and bananas.
What are Colombia’s two main exports?
Top Colombia Exports
- Crude Petroleum and Coal Briquettes. This is by far the largest export commodity in Colombia. …
- Coffee and Spices. Using data from 2018, Coffee and spices made up 5.6 % of the total exports. …
- Gems and Precious Metals. …
- Plastics. …
- Live Trees and Cut Flowers. …
- Fruits and Nuts. …
- Steel and Iron. …
What is Colombia famous for producing?
The primary agricultural products of Colombia are coffee (the country is the fourth-largest producer of coffee in the world), cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables, fique, panela, forest products; and shrimp.
What is Colombia’s number one import?
Colombia main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals and related products (17 percent); fuel, mineral lubricants and related products (10 percent) and food and livestock (8 percent).
Who is Colombia’s largest trading partner?
Colombia top 5 Export and Import partners
|Exporter||Trade (US$ Mil)||Partner share(%)|
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|
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.
Is Colombia a developing country 2020?
Colombia meets every criterion of an emerging market economy. Its GDP per capita, at $6,428.676 as of 2019, falls well below the developed country threshold but ranks much higher than most of its peers in the developing world. 1 Its 2020 HDI was 0.767; again, insufficient for a developed country but not far behind.