October 2011
Colombia
                         
BASIC INDICATORS
Population (thousands, 2010)  46 295 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  288 189 Merchandise  57 53
GDP (million current PPP US$, 2010)  434 788 excluding intra-EU trade 40 35
Current account balance (million US$, 2010) - 8 944 Commercial services 69 58
Trade per capita (US$, 2008-2010)  1 866 excluding intra-EU trade 46 40
Trade to GDP ratio (2008-2010)   33.2
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   125 5 1 4
Exports of goods and services (volume, 2005=100)   131 6 -3 11
Imports of goods and services (volume, 2005=100)   149 8 -8 9
                         
TRADE POLICY
WTO accession 30 April 1995 Contribution to WTO budget (%, 2011) 0.212
Trade Policy Review 22, 24 November 2006 Import duties collected (%, 2008-2009)
GPA accession  Observer in total tax revenue 6.3
Tariffs and duty free imports to total imports 5.9
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   7
Simple average of import duties Goods RTAs - services EIAs notified to WTO 5 - 2
All goods   42.8   12.5 Anti-dumping (30 June 2010) 12
Agricultural goods (AOA)   91.4   17.2 Countervailing duties (30 June 2010) ...
Non-agricultural goods   35.4   11.8 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   0.0   0.0 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008) Requests for consultation 5 - 3
in agricultural goods (AOA)   0.0 Original panel / Appellate Body (AB) reports 0 - 1
in non-agricultural goods   6.8 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   57 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  39 820 13 -13 21
Merchandise imports, c.i.f. (million US$)  40 683 14 -17 24
2010   2010
Share in world total exports    0.26 Share in world total imports  0.26
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   14.5 Agricultural products 11.0
Fuels and mining products   58.2 Fuels and mining products 7.1
Manufactures   22.0 Manufactures 80.4
  By main destination   By main origin
1. United States   43.1 1. United States   25.9
2. European Union (27)   12.6 2. European Union (27)   14.0
3. China   4.9 3. China   13.5
4. Ecuador   4.6 4. Mexico   9.5
5. Bolivarian Rep. of Venezuela   3.6 5. Brazil   5.8
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  4 373   11 2 6
Commercial services imports (million US$)  7 841   11 -2 13
2010   2010
Share in world total exports   0.12   Share in world total imports 0.22
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   27.6   Transportation 35.9
Travel   47.6   Travel 23.3
Other commercial services   24.8   Other commercial services 40.8
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2007 Trademark registrations by office, 2007
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  20   207   227  10 635  7 504 ...  18 139