Colombia

Goods Imports: CIF, by origin Goods Exports: FOB, by last known destination Trade System: Special
Overview:
In 2013, the value of merchandise exports of Colombia decreased slightly by 2.4 percent to reach 58.8 bln US$, while its merchandise imports
increased slightly by 2.2 percent to reach 59.4 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively
small deficit of 559.3 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -6.9 bln US$ (see graph 4).
Merchandise exports and imports in Colombia were diversified amongst partners. The top 14 partners accounted for 80 percent or more of
exports and 14 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Colombia
increased moderately by 8.4 percent, reaching 5.3 bln US$, while its imports of services increased substantially by 13.1 percent and reached
10.7 bln US$ (see graph 2). There was a large trade in services deficit of 5.5 bln US$.

Graph 1: Total merchandise trade, by value Graph 2: Total services trade, by value
(Bln US$ by year) (Bln US$ by year)
Exports Imports Trade Balance Exports Imports Trade Balance
70 12
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Exports Profile: Graph 3: Exports of services by EBOPS category
"Mineral fuels, lubricants" (SITC section 3), "food, animals + beverages, (% share in 2012)
tobacco" (SITC section 0+1) and "chemicals" (SITC section 5) were the
largest commodity groups for exports in 2013 representing respectively
66.8, 8.4 and 6.3 percent of exported goods (see table 2). From 2011 to Transportation
2013, the largest export commodity was "petroleum oils and oils ( 28.2 %)
obtained from bituminous minerals, crude" (HS code 2709) (see table 1). Travel ( 44.7 %)
The top three destinations for merchandise exports were the United
States, China and Panama, accounting for respectively 35.7, 5.9 and 4.6
percent of total exports. "Travel" (EBOPS code 236) accounted for the
largest share of exports of services in 2012 at 2.4 bln US$, followed by
"Transportation" (EBOPS code 205) at 1.5 bln US$ and "Other business
services" (EBOPS code 268) at 742.5 mln US$ (see graph 3). Other business
Remaining ( 7.4 %) ( 14.1 %)
Communication
( 5.6 %)

Table 1: Top 10 export commodities 2011 to 2013

HS Value (million US$) Unit value SITC
code 4-digit heading of Harmonized System 2007 2011 2012 2013 2011 2012 2013 Unit code
All Commodities............................................................................................................ 56 953.5 60 273.6 58 821.9
2709 Petroleum oils and oils obtained from bituminous minerals, crude............................. 23 020.1 26 556.8 27 644.2 0.7 0.7 0.7 US$/kg 333
2701 Coal; briquettes, ovoids and similar solid fuels manufactured from coal.................... 7 856.4 7 298.8 6 253.8 0.1 0.1 0.1 US$/kg 321
2710 Petroleum oils, other than crude................................................................................... 4 564.5 4 657.3 4 364.6 0.7 0.7 0.7 US$/kg 334
7108 Gold (including gold plated with platinum)................................................................... 2 774.9 3 385.3 2 226.5 41.7 44.2 38.9 thsd US$/kg 971
0901 Coffee, whether or not roasted or decaffeinated......................................................... 2 657.5 1 956.1 1 922.5 6.1 4.9 3.5 US$/kg 071
0603 Cut flowers and flower buds of a kind suitable for bouquets....................................... 1 251.3 1 270.0 1 334.6 6.1 6.3 6.3 US$/kg 292
0803 Bananas, including plantains, fresh or dried................................................................. 815.3 822.0 763.9 0.4 0.4 0.5 US$/kg 057
7202 Ferro-alloys.................................................................................................................... 827.2 881.7 681.8 7.4 6.0 4.9 US$/kg 671
2704 Coke and semi-coke of coal, of lignite or of peat......................................................... 540.4 506.3 433.9 0.4 0.3 0.2 US$/kg 325
1701 Cane or beet sugar and chemically pure sucrose, in solid form................................... 593.9 484.2 327.0 0.7 0.6 0.5 US$/kg 061

Source: UN Comtrade and UN ServiceTrade

 Colombia
Services Imports and Exports: EBOPS 2002 categories

Table 2: Merchandise exports by SITC Table 3: Merchandise imports by SITC SITC Legend
(Value in million US$, growth and shares in percentage) (Value in million US$, growth and shares in percentage)
Avg. Growth rates 2013 Avg. Growth rates 2013 SITC
SITC 2013 2009-2013 2012-2013 share SITC 2013 2009-2013 2012-2013 share Code Description
Total 58 821.9 15.7 -2.4 100.0 Total 59 381.2 15.9 2.2 100.0 Total All commodities
0+1 4 925.4 1.3 -0.7 8.4 0+1 5 112.0 15.0 0.8 8.6 0+1 Food, animals + beverages, tobacco
2+4 2 239.4 6.9 2.5 3.8 2+4 1 414.4 10.2 -8.1 2.4 2+4 Crude materials + anim. & veg. oils
3 39 276.2 25.6 -0.8 66.8 3 6 386.7 50.7 12.8 10.8 3 Mineral fuels, lubricants
5 3 733.2 8.3 8.9 6.3 5 10 318.5 13.9 4.9 17.4 5 Chemicals
6 3 048.4 -3.0 -14.1 5.2 6 8 321.2 14.0 -3.8 14.0 6 Goods classified chiefly by material
7 1 834.5 6.5 22.9 3.1 7 22 097.8 12.6 1.1 37.2 7 Machinery and transport equipment
8 1 499.5 -0.6 -8.1 2.5 8 5 078.0 16.9 3.3 8.6 8 Miscellaneous manufactured articles
9 2 265.2 9.6 -33.6 3.9 9 652.5 24.8 17.0 1.1 9 Not classified elsewhere in the SITC

Graph 4: Merchandise trade balance Graph 5: Partner concentration of merchandise trade

(Bln US$ by MDG Regions in 2013) (Cumulative share by ranked partners in 2013)
Imports Exports Trade balance
Imports Exports
Developed AsiaPacific (Herfindahl Index = 0.124) (Herfindahl Index = 0.125)
Top Top
Developed Europe partner partner
Developed N. America
Southeastern Europe 5 th 5 th
CIS
Northern Africa 10 th 10 th
SubSaharan Africa
Latin Am, Caribbean 15 th 15 th
Eastern Asia
Southern Asia
Southeastern Asia 20 th 20 th
Western Asia
Oceania 25 th 25 th
0%

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0%

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0%
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15
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20
1
2

80

60

40

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80
10

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Graph 6: Imports of services by EBOPS category Imports Profile:
(% share in 2012) "Machinery and transport equipment" (SITC section 7), "chemicals" (SITC
Travel ( 24.3 %) section 5) and "goods classified chiefly by material" (SITC section 6) were
the largest commodity groups for imports in 2013 representing respectively
37.2, 17.4 and 14.0 percent of imported goods (see table 3). From 2011 to
2013, the largest import commodity was "petroleum oils, other than crude"
(HS code 2710) (see table 4). The top three partners for merchandise
Transportation Other business
imports were the United States, China and Mexico, accounting for
( 33.1 %) ( 20.9 %)
respectively 25.7, 16.3 and 10.4 percent of total imports. "Transportation"
(EBOPS code 205) accounted for the largest share of imports of services in
2012 at 3.6 bln US$, followed by "Travel" (EBOPS code 236) at 2.6 bln US$
and "Other business services" (EBOPS code 268) at 2.2 bln US$ (see
Insurance ( 7.8 %) graph 6).
Remaining ( 14.0 %)

Table 4: Top 10 import commodities 2011 to 2013

HS Value (million US$) Unit value SITC
code 4-digit heading of Harmonized System 2007 2011 2012 2013 2011 2012 2013 Unit code
All Commodities............................................................................................................ 54 674.8 58 087.9 59 381.2
2710 Petroleum oils, other than crude................................................................................... 3 794.2 5 600.5 6 332.7 0.9 1.0 1.0 US$/kg 334
8703 Motor cars and other motor vehicles principally designed for the transport............... 2 790.1 2 814.8 2 802.0 12.7 11.0 11.5 thsd US$/unit 781
8517 Electrical apparatus for line telephony or line telegraphy............................................ 1 688.6 1 899.1 2 318.7 764
8802 Other aircraft (for example, helicopters, aeroplanes); spacecraft................................ 2 659.1 1 031.6 2 033.9 13.0 4.8 7.8 mln US$/unit 792
8471 Automatic data processing machines and units thereof.............................................. 1 356.0 1 586.3 1 800.1 232.7 191.0 163.0 US$/unit 752
8704 Motor vehicles for the transport of goods.................................................................... 1 688.6 1 506.0 964.9 10.9 27.2 24.1 thsd US$/unit 782
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06).............................. 1 008.3 1 173.4 1 315.3 44.4 50.3 39.8 US$/kg 542
1005 Maize (corn)................................................................................................................... 926.9 1 004.2 1 022.4 0.3 0.3 0.3 US$/kg 044
4011 New pneumatic tyres, of rubber.................................................................................... 763.4 820.9 777.7 51.8 50.1 47.1 US$/unit 625
8528 Reception apparatus for television............................................................................... 696.4 787.3 809.0 244.2 219.8 203.4 US$/unit 761

Source: UN Comtrade and UN ServiceTrade