Banco de la República, gif (4471 bytes)


Foreign trade - Imports


During 1998, Colombian FOB imports reached US$13.7 billion, a decrease of 4.5% (US$647 million) from the previous year. The reduction in external purchases, was generalized, with the largest reductions among capital goods imports (US$302 million, 5.5%), and raw material and intermediate goods, which together decreased by US$232 million (3.8%). Consumer goods imports also decreased (4.1%) from US$2.8 billion in 1997 to US$2.7 billion in 1998. The largest decreases were in the purchases of transport equipment, raw material for the industrial sector and fuel. By area of origin, imports were led by the United States (38.8% of the total value), followed by the European Union (17.9%) and the Andean Group (13%). It is expected that the value of imports will decrease by 6.4% in 1999.

IMPORTS


IMPORTS

1998 %

U.S.A.

38,8

ANDEAN GROUP

17,9

EUROPEAN UNION

13,0

JAPAN

4,9

REST

25,4

 

US$ Millions FOB

YEARS

Total imports

Variation
%

Intermed.
goods

Variation
%

Consumer goods

Variation
%

Capital
goods

Variation
%

1987

3.793,5

11,28

1.924,6

7,88

488,2

28,47

1.380,7

10,90

1988

4.515,3

19,03

2.413,2

25,39

514,8

5,45

1.587,3

14,96

1989

4.557,8

0,94

2.492,4

3,28

470,4

-8,62

1.595,0

0,49

1990

5.107,9

12,07

2.706,7

8,60

520,0

10,54

1.881,2

17,94

1991

4.548,0

-10,96

2.522,3

-6,81

570,4

9,69

1.455,3

-22,64

1992

6.029,1

32,57

3.258,9

29,20

825,3

44,69

1.944,9

33,64

1993

9.085,7

50,70

3.797,1

16,51

1.665,7

101,83

3.622,9

86,28

1994

11.072,0

21,86

4.456,0

17,35

1.818,0

9,14

4.798,0

32,44

1995

12.922,5

16,71

5.670,0

27,24

2.485,5

36,72

4.767,0

-0,65

1996

12.784,0

-1,07

6.057,0

6,83

2.381,0

-4,20

4.346,0

-8,83

1997

14.371,0

12,41

6.086,0

0,48

2.763,0

16,04

5.522,0

27,06

1998 p

13.724,0

-4,50

5.854,0

-3,81

2.650,0

-4,09

5.220,0

-5,47

p: Provisional.

Source
:   National Administrative Department of Statistics(NADS) and National Customs and Taxes Authority. (NCTA).