ARIZONA

AND COLOMBIA A GROWING PARTNERSHIP

A U.S.-Colombia Trade Promotion Agreement (CTPA) has the potential to increase both trade and investment between the United States in Colombia, improving on an already strong relationship. In particular, Arizona stands to gain from increased business ties, as the CTPA will create jobs at home through increased export market access for both goods and services, reduced prices for manufacturers, and an improved investment environment. AT $22 MILLION IN 2010, COLOMBIA IS ARIZONAS 44TH LARGEST EXPORT MARKET

Total Arizona Exports to Colombia

(millions of dollars)

Source: U.S. Department of Commerce

Upon implementation of the CTPA, more than 77 percent of Arizonas exports to Colombia will be duty- free. This tariff elimination gives Arizona exporters a cost advantage of up to $1.5 million over s imilar products exported by competitors who do not have an FTA with Colombia. While Arizona exporters typically face tariffs of 10-15 percent, 94 percent of Colombias exports to the United States in 2010 entered duty free. CTPA would level the playing field for Arizona exporters.

Estimated Increases in U.S. Exports in Sectors Important to Arizona Misc. Manufactures Fabricated Metal Products Non-Metallic Mineral Products Processed F oods Transportation Equipment Computers & Electronics 60.1% 56.4 41.4 36.2 16.1 8.0

Source: U.S. International Trade Commission

 Value of Exports Potential Product to Colombia (2010) Duty Savings Cotton $4,947,900 $494,790 Navigational instrument parts 2,257,656 112,883 Parts for derricks 1,249,941 62,497 Electrical plugs & sockets 855,565 128,335 Fungicides 782,256 78,226 Mechanical appliance parts 634,720 63,472 570,963 28,548 Semiconductors Parts for liquid pumps 463,349 up to 46,335 455,033 up to 45,503 Aircraft engines & parts Crushing or grinding machinery 385,644 38,564 COMPANIES WHOSE EXPORTS BECOME DUTY FREE IMMEDIATELY UPON IMPLEMENTATION OF CTPA
Rimex Inc., Phoenix, exports s teel articles to Colombia that face tariffs of 5-15 p ercent.

10 ARIZONA EXPORTS THAT CTPA WILL MAKE DUTY FREE IMMEDIATELY

National Pump, Glendale, exports turbines and accessories to Colombia that face tariffs of 5 percent. Rain Bird International, Tucson, exports irrigation parts to Colombia that face tariffs of 10 percent. Contact: David Thomas, Director, Public Policy, Business Roundtable 202.496.3262, dthomas@brt.org

Ceva Ocean Lines, Tempe, has exported s odium molybdates to Colombia that face tariffs of 10 percent.

Ropak International Packaging, Gold Canyon, exports plastic films to Colombia that face tariffs of 20 percent.

Advanced Logistics, Tucson, has exported medical equipment to Colombia that faces tariffs of 5-10 percent.