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| Name | Colombia's Top Import And Exports |
| Video Uploader | Video From Big Man Business |
| Upload Date | This Video Uploaded At 17-06-2022 23:57:47 |
| Video Discription | Read Video description, In this you see Columbia's Top Import And Exports. Watch to end for full detailed information and please don't forget to subscribe to this channel for more Business informative videos, Thanks - Colombia has the world's 37th largest economy, with annual exports of 43.2 billion dollars and imports of 49.3 billion dollars, resulting in a negative trade balance of minus 6.04 billion dollars. - This video provides an overview of Colombia's economy, including primary imports and exports. - Here is a list of 15 of Colombia's most important trading partners in terms of export sales. - That is the country that imported the greatest number of Colombian shipments in terms of dollar value in 2021. - South Korea was the only top importer that increased its purchases of Colombian exports by 3 percent between 2019 and 2021. - Colombia's Top 10 ImportsColombian imports are expected to cost 43.5 billion in 2020, a minus 3.1 percent decrease from 2016 and a minus 13.7 percent decrease from 2019 to 2021.According to the average 2020 exchange rate, the Colombian peso has depreciated by minus 21 percent against the US dollar since 2016 and by minus 12.6 percent from 2019 to 2021. - Using a continental lens, Asian trade partners accounted for more than a third or 35.1 percent of Colombia's total imports by value. - Colombia's Top 10 ExportsThe Republic of Colombia, located in northwest South America and sharing a portion of its northern border with Panama, shipped 31 billion dollars in goods around the world in 2020. - The export product groups listed below have the highest dollar value in Colombian global shipments in 2020. - The percentage share of each export category in terms of total Colombian exports is also shown. - Mineral fuels, including oil, totaled 12.9 billion dollars which represent 41.6 percent of total exports3 billion dollars in gems and precious metals standing at 9.6 percent 2.5 billion dollars for coffee, tea, and spices standing at 8.2 percent1.4 billion dollars for live trees, plants, and cut flowers standing at 4.6 percent Plastics and plastic products are valued at 1.3 billion dollars which are 4.3 percent1.3 billion dollars for fruits and nuts account for 4.1 percent 598.8 million dollars for animal or vegetable fats, oils, and waxes account for 1.9 percent512 million dollars for electrical machinery and equipment which is 1.6 percent 506.2 million dollars for sugar and sugar confectionery account for 1.6 percent 478 million dollars for iron and steel account for 1.5 percent Colombia's top ten exports accounted for nearly four fifths of the total value of its global shipments which is around 79.2 percent. - Gems and precious metals were the fastest growing export category among the top ten, increasing by 52.7 percent from 2019 to 2020, driven by higher international revenues from exported gold. - Animal or vegetable fats, oils, and waxes came in second with a 14.1 percent increase in export sales. - Colombia's fruit and nut shipments experienced the third-fastest increase in value, increasing by 10.9 percent. - Mineral fuels, including oil, were the leading decliner among Colombia's top ten export categories, with a minus 40.3 percent drop year on year. - Colombia's total exported goods account for 4.3 percent of its overall Gross Domestic Product valued at 719 billion dollars in Purchasing Power Parity US dollars in 2020. #colombia #colombiabusiness #southamerica main imports of colombia what are the major exports of colombia exports in colombia colombia exports 2022 colombia trading partners how to import clothing from colombia colombia oil exports colombia gdp Source https://bigmanbusiness.com/537/colombias-top-import-and-exports/ P16ZyiqqIps |
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