Banco de la República, gif (4471 bytes)


Foreign trade - Imports


During January-September of 1999, Colombian FOB imports reached US$7.2 billion, a US$3.7 billion decrease equivalent to 34.1%. This behavior is due to the fall in capital (US$1.7 billion, 40.9%), intermediate (US$1.3 billion, 27.9%) and consumer goods (US$700 million, 33.8%) imports. The largest reductions were detected in capital goods and raw material, US$1.3 billion and US$1.2 billion respectively. By area of origin, imports were led by the United States 41.2%, the European Union 16.9% and the Andean Group 12%. It is estimated that the value of imports will decrease by 29.8% during 1999.

IMPORTS

IMPORTS

1999* %

U.S.A.

41.2

EUROPEAN UNION

16.9

ANDEAN GROUP

12.0

JAPAN

3.9

REST

26.0

* Up to september

US$ Millions FOB

YEARS

Total
imports

Variation
%

Intermed.
goods

Variation
%

Consumer
goods

Variation
%

Capital
goods

Variation
%

1987

3,919.3

7.2

2,020.7

6.1

473.5

20.3

1,425.1

4.9

1988

4,703.5

20.0

2,520.7

24.7

497.8

5.1

1,685.0

18.2

1989

4,731.4

0.6

2,601.5

3.2

481.9

-3.2

1,648.0

-2.2

1990

5,266.8

11.3

2,805.4

7.8

514.4

6.7

1,947.0

18.1

1991

4,564.8

-13.3

2,523.1

-10.1

569.9

10.8

1,471.7

-24.4

1992

6,111.7

33.9

3,113.3

23.4

867.0

52.1

2,131.4

44.8

1993

9,085.7

48.7

3,797.1

22.0

1,665.7

92.1

3,622.9

70.0

1994

11,080.3

22.0

4,448.8

17.2

1,818.6

9.2

4,812.9

32.8

1995

12,921.2

16.6

5,657.5

27.2

2,486.0

36.7

4,777.6

-0.7

1996

12,793.6

-1.0

6,045.4

6.8

2,384.3

-4.1

4,363.9

-8.7

1997

14,409.3

12.6

6,076.6

0.5

2,770.1

16.2

5,562.6

27.5

1998 p

13,726.2

-4.7

5,742.1

-5.5

2,646.1

-4.5

5,338.1

-4.0

1998 p*

10,877.3

5.7

4,585.5

0.7

2,068.9

5.5

4,222.9

8.8

1999 p*

7,171.7

-34.1

3,305.8

-27.9

1,369.4

-33.8

2,496.5

-40.9

p: Provisional.
*   Up to september.

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