Overview
The United States exported $6.7 billion in merchandise
to Colombia in 2006, up from $3.6 billion in 2002. That
was an 87 percent increase over the 200206 period,
well above the 50 percent increase in U.S. exports to the
world. Colombia was the 29th largest market for U.S goods
in 2006, out of a total of 230 markets.
Eighteen states exported more than $50 million in goods
to Colombia in 2006. Thirteen of these states exported goods
worth more than $100 million, and two exported merchandise
worth more than $1 billion.
Texas and Florida were the top state exporters to Colombia
in 2006. Texas recorded merchandise exports of $1.7 billion
to Colombia, while Florida recorded shipments of $1.6 billion.
Together, these two states accounted for 49 percent of total
U.S. goods exported to Colombia in 2006.
Other states that posted significant export totals to Colombia
in 2006 were Louisiana ($630 million), Illinois ($214 million),
Alabama ($206 million), California ($200 million), North
Carolina ($154 million), New Jersey ($144 million), Pennsylvania
($127 million), and Georgia ($126 million).
Forty-three of the states increased their merchandise exports
to Colombia from 2002 to 2006. Texas recorded the largest
dollar increase, boosting shipments to Colombia by $994
millionfrom $690 million in 2002 to $1.7 billion in
2006. Other states with noteworthy increases in export value
to Colombia over the 200206 period were Florida (up
$613 million), Louisiana (up $214 million), Alabama (up
$163 million), and Illinois (up $123 million).
Manufactured goods made up 86 percent of U.S. merchandise
exports to Colombia in 2006. Basic chemicals were the largest
manufactured export category, with $928 million, or 14 percent
of total U.S. shipments of merchandise. Other significant
manufactured export categories were computer equipment ($562
million); agricultural and construction machinery ($512
million); resin, synthetic rubber, and synthetic fibers
and filaments ($351 million); and general purpose machinery
($226 million).
The United States also exported significant amounts of
unprocessed agricultural commodities to Colombia in 2006.
Shipments of unprocessed oilseeds and grains totaled $526
million, accounting for 8 percent of total U.S. exports
to Colombia.
In dollar terms, the leading growth category among manufactured
exports to Colombia was basic chemicals. Export shipments
of these products doubled during the 200206 period,
growing from $459 million to $928 million. Other manufactured
export categories that registered large dollar growth during
this period were agriculture and construction machinery
(up $309 million); computer equipment (up $243 million);
resin, synthetic rubber, and synthetic fibers and filaments
(up $183 million); and petroleum and coal products (up $140
million).
In percentage terms, the fastest-growing categories among
U.S. manufactured exports to Colombia were furniture and
related products; cement and concrete products; sawmill
and wood products; fibers, yarns, and threads; and petroleum
and coal products. All of these rose by more than 470 percent
from 2002 to 2006.
A total of 9,112 U.S. companies exported merchandise to
Colombia in 2005 (the latest year for which data are available).
Of those, 7,705 (85 percent) were small and medium-sized
enterprises (SMEs), with fewer than 500 employees.
In 2005, U.S. SMEs exported $1.7 billion in merchandise
to Colombia. This represented 35 percent of total U.S. exports
to Colombia, well above the 29 percent SME share of U.S.
exports to the world.
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Charts and Tables
U.S. Exports
to Colombia Have Increased 87 Percent Since 2002
Basic Chemicals
Is the Largest Category of Exports to Colombia
Texas
Recorded the Biggest Growth in Exports to Colombia from
2002 to 2006
27 States
Exported $25 Million or More to Colombia in 2006
State Merchandise Export
Totals to Colombia, 200206, Ranked by 2006 Export
Value
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