Foreign trade - Exports
During the first quarter of the year
2000, Colombian exports reached US$3.1 billion, increasing US$719 million (29.7%) with
respect to the same period in 1999. This result was due to the increase in revenues from
external Oil (US$518 million) and industrial good (US$ 207 million) sales. The increased
dynamism of Oil sales was due to the rise in international prices and not to the volume
exported which, on the contrary, decreased. Other exports that increased to a lesser
extent were coal (US$81 million) and nickel (US$34 million). On the other hand, coffee
exports decreased by US$105 million because of the reduction in the volume exported and
the fall in international prices. Non-traditional exports reached the level of US$1.4
billion exhibiting a positive variation of US$192 million, due to the increase in
industrial goods’ sales, of which transportation materials, chemicals and textiles
and leather were the most important. Mining exports grew by US$28 million and agricultural
exports decreased by US$44 million. The United States was the main buyer of Colombian
exports, purchasing 51.0% of the total, followed by the Andean Group with 14.4%, the
European Union with 13.6%, and Japan with 1.5%.
EXPORTS
EXPORTS |
2000 *
% |
U.S.A. |
51.0 |
EUROPEAN UNION |
13.6 |
ANDEAN GROUP |
14.4 |
JAPAN |
1.5 |
REST |
19.5 |
|
|
* Up to March.
 |
US$ Millions FOB
| YEARS |
Total
exports
|
Variation
% |
Non
traditional exports |
Variation
% |
Traditional
exports |
Variation
% |
| 1988 |
4,964.9 |
1.0 |
1,870.9 |
20.3 |
3,094.0 |
-7.9 |
| 1989 |
5,710.9 |
15.0 |
2,147.8 |
14.8 |
3,563.1 |
15.2 |
| 1990 |
6,720.6 |
17.7 |
2,664.3 |
24.0 |
4,056.3 |
13.8 |
| 1991 |
7,113.8 |
5.9 |
3,543.2 |
33.0 |
3,570.6 |
-12.0 |
| 1992 |
6,900.0 |
-3.0 |
3,564.6 |
0.6 |
3,335.4 |
-6.6 |
| 1993 |
7,115.9 |
3.1 |
3,984.4 |
11.8 |
3,131.5 |
-6.1 |
| 1994 |
8,478.8 |
19.2 |
4,469.2 |
12.2 |
4,009.6 |
28.0 |
| 1995 |
10,200.9 |
20.3 |
5,238.3 |
17.2 |
4,962.6 |
23.8 |
| 1996 |
10,653.8 |
4.4 |
4,905.5 |
-6.4 |
5,690.8 |
14.7 |
| 1997 |
11,552.8 |
8.4 |
5,463.8 |
11.4 |
6,089.0 |
7.0 |
|
1998 p |
10,890.2 |
-5.7 |
5,596.0 |
2.4 |
5,294.2 |
-13.1 |
|
1999 p |
11,575.4 |
6.3 |
5,492.1 |
-1.9 |
6,083.3 |
14.9 |
|
1999p* |
2,421.2 |
7.4 |
1,255.6 |
5.3 |
1,165.6 |
9.7 |
| 2000p* |
3,140.7 |
29.7 |
1,447.8 |
15.3 |
1,692.9 |
45.2 |
|
*: Datos enero-marzo. p:
Provisional. Fuente: Departamento Administrativo Nacional de
Estadística (DANE).
|
