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Foreign trade - Exports

During the first semester of 2001, Colombian exports reached US$6.1 billion, with an annual decrease of US$187 million (3.0%), due to a lower income from traditional exports (US$635 million, 18.9%), in contrast with the increase of the non-traditional goods exports (US$449 million). The decrease in traditional goods external sales is explained by the fall in hydrocarbon sales (US$705 million, 30.8%) primarily due to the volume exported that decreased 28.3%. The non-traditional export growth (15.2%) was due to the industrial goods sales (US$383 million) particularly transport, machinery and equipment, graphics, foods and beverages and craftsmanship. Also increased although in a lesser extent, coal (US$196 million) and ferroniquel (US$10 million) sales. On the other hand, coffee an banana external sales decreased US$136 million and US$68 million respectively. The exports geographic allocation was led by the United States.

EXPORTS


DESTINY

2001 *  

U.S.A.

44.0

ANDEAN GROUP

21.7

EUROPEAN UNION

12.9

JAPAN

1.3

REST

20.2

* Up to September.


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 10,298.3      21.5      5,238.3 17.2      5,060.0 26.2      
1996 10,671.5      3.6      4,905.5 -6.4      5,766.0 14.0      
1997 11,554.7      8.3      5,463.8 11.4      6,090.9 5.6      
1998 10,890.2      -5.8      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* 9,718.9      17.1      4,719.1 15.4      4,999.8 -25.5      
    2001 p* 9,358.5      -3.7      5,280.7 11.9      4,077.8 -18.4      

p: Provisional.        *:  Up to September
Source:   DANE.


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