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Foreign trade - Exports


Between January-March of 2001, Colombian exports reached US$3.0 billion, with an annual decrease of US$144 million (4.6%) due to the lower income from traditional exports (US$315 million), in contrast with the increase of the non-traditional goods (US$171 million). This decrease in traditional goods external sales is due to the reduction in hydrocarbon exports (US$309 million, 26.8%) and to a lesser extents in coffee exports (US$47 million, 21.2%). The mild dynamism of oil exports was due to the volume exported which decreased (11.4%), and the coffee exports which decreased. The later, due to the fall of international prices (37.5%). On the other hand, the non-traditional export growth (11.8%) was due to the industrial goods sales (US$161 million) particularly machinery and equipment, graphics and craftsmanship. Also increased although in a lesser extent, coal (14.4%) and ferroníquel (11.6%) sales. The exports geographic allocation was led by the United States (46.2%), the Andean Group (19.0%), the European Union (14.1%) and Japan (1.1%).

EXPORTS

DESTINY

2001 *  

U.S.A.

46.2

ANDEAN GROUP

19.0

EUROPEAN UNION

14.1

JAPAN

1.1

REST

19.7

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* Up to March.
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US$ Millions FOB
YEARS Total
exports
Variation
%
Non
traditional  exports
Variation
%
Traditional
exports
Variation
%
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 10,890.2      -5.7      5,596.4 2.4      5,293.8 -13.1      
   1999 p 11,575.4      6.3      5,492.1 -1.9      6,083.3 14.9      
   2000 p 13,121.1      13.4      6,410.5 16.7      6,710.6 10.3      
    2000 p* 3,122.2      28.9      1,441.0 14.8      1,681.2 44.2      
    2001 p* 2,978.4      -4.6      1,611.7 11.8      1,366.7 -18.7      

p: Provisional.
*: Up to March.
Source: National Administrative Department of Statistics (DANE).