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Foreign trade - Imports


During the first quarter of 1999, Colombian FOB imports reached US$2.4 billion, a 36.8% (US$1.4 billion) lower than the same period of the previous year. This behavior is due to the fall in capital (US$686 million), intermediate (US$420 million) and consumer goods (US$242 million) imports. The largest reductions were detected in the external purchases of capital and intermediate goods, industry, transport equipment and in durable consumer goods. By area of origin, imports were led by the United States (43.3% of the total value), followed by the European Union (18.1%) and the Andean Group (11.2%). It is estimated that the value of imports will decrease by 14% in 1999.

IMPORTS

IMPORTS

1999* %

U.S.A.

43.3

EUROPEAN UNION

18.1

ANDEAN GROUP

11.2

JAPAN

4.2

REST

23.2

* Up to march

US$ Millions FOB

YEARS

Total imports

Variation %

Intermed. goods

Variation %

Consumer goods

Variation %

Capital goods

Variation %

1987

3,793.5

11.3

1,924.6

7.9

488.2

28.5

1,380.7

10.9

1988

4,515.3

19.0

2,413.2

25.4

514.8

5.4

1,587.3

15.0

1989

4,557.8

0.9

2,492.4

3.3

470.4

-8.6

1,595.0

0.5

1990

5,107.9

12.1

2,706.7

8.6

520.0

10.5

1,881.2

17.9

1991

4,548.0

-11.0

2,522.3

-6.8

570.4

9.7

1,455.3

-22.6

1992

6,029.1

32.6

3,258.9

29.2

825.3

44.7

1,944.9

33.6

1993

9,085.7

50.7

3,797.1

16.5

1,665.7

101.8

3,622.9

86.3

1994

11,072.0

21.9

4,456.0

17.4

1,818.0

9.1

4,798.0

32.4

1995

12,922.5

16.7

5,670.0

27.2

2,485.5

36.7

4,767.0

-0.6

1996

12,784.0

-1.1

6,057.0

6.8

2,381.0

-4.2

4,346.0

-8.8

1997

14,371.0

12.4

6,086.0

0.5

2,763.0

16.0

5,522.0

27.1

1998 p

13,726.2

-4.5

5,743.2

-5.6

2,646.4

-4.2

5,336.6

-3.4

1998p*

3,717.8

26.4

1,468.5

9.1

689.7

35.1

1,559.6

43.9

1999p*

2,350.0

-36.8

1,048.0

-28.6

427.9

-38.0

874.1

-44.0

p: Provisional.
*   Up to march.

Source
:   National Administrative Department of Statistics(DANE) and National Customs and Taxes Authority. (DIAN).