factory supply USA Import data of Dotp Colombia

  • factory supply USA Import data of Dotp Colombia
  • factory supply USA Import data of Dotp Colombia
  • factory supply USA Import data of Dotp Colombia
  • Which US exports will gain duty-free access to Colombia?
  • Key U.S. exports will gain immediate duty-free access to Colombia, including almost all products in these sectors: agriculture and construction equipment, aircraft and parts, auto parts, fertilizers and agro-chemicals, information technology equipment, medical and scientific equipment, and wood.
  • How will the US-Colombia trade agreement impact US trade?
  • The Agreement will provide significant new access to Colombia’s $166 billion services market, supporting increased opportunities for U.S. service providers. U.S. goods exports to Colombia in 2010 were $12.0 billion. Our economies are largely complementary in terms of the goods we ship each other.
  • Does Colombia have a trade agreement with the United States?
  • The Agreement is crucial to maintaining the U.S. share of this important market: Colombia implemented a trade accord with Mercosur (Brazil, Argentina, Paraguay, and Uruguay) in 2009 and with Canada in August 2011. It will soon implement one with the European Union.
  • Why is the US trade surplus higher with Colombia?
  • The U.S. trade surplus with Colombia is larger than the prior five-year average level by value not adjusted for inflation. This means that the value of U.S. exports to Colombia is greater than the value of U.S. imports from Colombia in recent years.
  • How will Colombia's tariffs affect US exports?
  • Over 80 percent of U.S. exports of consumer and industrial products to Colombia will become duty free immediately, with remaining tariffs phased out over 10 years. With average tariffs on U.S. industrial exports ranging from 7.4 to 14.6 percent, this will substantially increase U.S. exports.
  • How much is bis re-exporting to Colombia worth?
  • In 2021, BIS reviewed $858.9 million worth of export/re-export applications (not including deemed export applications) for Colombia. This was out of a total of 39,901 applications worldwide for tangible items, software and technology, valued at $1.4 trillion.

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