Question: What is Colombia’s number one export?

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. …
  • Vehicles.

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).

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Who is Colombia’s largest trading partner?

Colombia top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
United States 13,375 25.38
China 10,967 20.81
Mexico 3,880 7.36
Brazil 3,174 6.02

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
2019 6,510
2018 6,260
2017 5,930
2016 6,460

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.