Trade Fact of the Day
U.S. goods exports to Colombia year-to-date through May 2008 amount to 4.8 billion, up 50.0 percent from the same period of 2007.
About Trade
"Free and fair trade helps secure a future of freedom and promise."
President George W. Bush
World Trade Week Proclomation
May 16, 2008
Facts Of The Day
February 26, 2008
Medical equipment accounted for 3.2 percent of total U.S. industrial exports to Colombia in 2006, totaling $160 million. The top U.S. exports in this sector included diagnostic and laboratory reagents, medical needles, diagnostic apparatus, MRIs, and x-ray apparatus. Colombian tariffs range between five and 15 percent, with an average of 8.8 percent in 2006. For medical equipment, 96 percent of U.S. industrial exports will receive duty-free treatment immediately upon implementation of the U.S.-Colombia Trade Promotion Agreement.
Source: Prepared by the International Trade Administration
