Imports and Exports in Colombia By Mª Paula Rivera Galvis 10ºA

What is it?

It is the introduction of merchandise of foreign origin to the national customs territory.

Colombian imports amount to 48,345 million dollars, an increase of 37.5% compared to the same period in 2020 and 10.2% over 2019.

product classification group

Nov 2021

food and drinks

Imports of food and beverages (US$485 million) increased 44.1% in November compared to the same month of 2020. Purchases of basic foods increased 20.1% while those of processed foods grew 55.2%

fuels and products of the extractive industries

Imports of industrial supplies (US$2,572 million) increased 84.5% in November compared to the same month of 2020. Purchases of industrial supplies were higher by 4.9% compared to the previous month.

Imports of fuels and lubricants (US$557 million) increased 236.4% in November compared to the same month of 2020. This behavior was explained by the increase in gasoline imports (243.9%). Purchases of fuels and lubricants accelerated compared to last month and were higher by 38.8%.

capital goods and parts

Imports of capital goods and their parts grew by 15.6% in November compared to the same month of 2020, reaching levels close to those registered in 2014.

Imports of transport equipment and its parts

Imports of transportation equipment and its parts (US$1,010 million) increased 45.8% in November compared to the same month of 2020. This was as a result of the increase in imports of passenger transport vehicles (59.9 %) and parts and accessories (43.2%). Likewise, purchases of other vehicles increased by 39.6%.

Imports of consumer goods

Imports of consumer goods ($801 million) increased 37.4% in November compared to the same month in 2020.

The main supplying countries of theimports were

positive

62.4% of the total imported in the period.

Germany

United States

China

25% of total imports

Brazil

negative

Romania

Croatia

Sweden

import modalities

They are the different forms that you have to declare the merchandise that enters the country, they are defined in the customs regime.

types

ordinary import

Temporary importation for inward processing

Temporary import in development of special systems

Temporary import for industrial processing

Import for transformation and/or assembly

Postal traffic and urgent shipments

Import of oil and derived liquid fuels

Import with franchises

Import in fulfillment of guarantee

Reimportación en el mismo estado

Re-importation for outward processing

Temporary import for re-export

Temporary importation of goods under lease

sample imports of no commercial value

Samples without commercial value are considered to be those goods you declare as such are covered by a proforma or commercial invoice.

It is exported to be able to import

If Colombia does not generate enough foreign exchange with sales made abroad, it will not have what to pay for its imports.

Control Types

Prior Control

Simultaneous Control

Rear Control

The treaties with the countries involved in the process are the macroeconomic and sectoral effects, if as impacts on welfare, the socioeconomic effects that will have the subscription of the free trade agreement

to diversify products markets, win, competitiveness sales higher volumes, take advantage of preferential agreements

Export process approval

Approval

Ica

environmental corporation

Superintendence of Surveillance and Private Security

superintendency of industry and commerce

national mining agency

national drug fund

Min mines

min culture

invima

Export steps

Preselection of countries

identify the tariff position

Identify the product

affinity, language, culture, location

entry requirement

Economic and politic situation

target market

product

price

exporting countries

United States

Chile

Mexico

Ecuador

China

Peru

Panama

Brazil

Turkey

products

Participation %

Fresh roses, cut for bouquets or decorations.

1,1%

Chocolates, candies, candies and pills.

0,8%

Thermal coals.

14.0%

Crude petroleum or bituminous mineral oils.

26,0%

Gold (including platinum-plated gold), in other unwrought forms, for non-monetary use

3,6%

Other coffees without roasting, without decaffeinating.

7,0%

Bananas or fresh bananas of the cavendish valery type

2,9%

Fuel oils (fuel), except waste oil and containing biodiesel

2,5%