M E M B E R S :

S H A R O N M E N D E Z C A S T R O

S T E FA N Y R A M I R E Z P R I E TO

J O S E P H VA L A R E Z O S O L I Z

I VA N W I E S N E R H E R N A N D E Z

J U A N J O S É VÁ S Q U E Z D O R A

O L I M P I A C A M P O V E R D E

Lecturer: MSc. Victor AlvaradoFINANZAS INTERNACIONALES “A”

Situated in the northwest of South America, bordered by Panama,

Venezuela, Brazil, Ecuador and Peru.

It is a unitary, constitutional republic.

With a set of 32 departments.

The territory in which Colombia is located was originally inhabited by

indigenous people until the Spaniards arrived in 1499.

They won their Independence from Spain in 1819.

COLOMBIA

CAPITAL BOGOTA

OFFICIAL

LANGUAGES

Spanish

Recognized regional languages: 68 ethnic languages

and dialects

English also official in the San Andrés, Providencia

and Santa Catalina Islands

GOVERNMENT Unitary presidential constitutional republic

President: Juan Manuel Santos

POPULATION By October 2014, estimate of47,846,160

GDP Total 378.15 billion US dollars in 2013.

CURRENCY Colombian Peso

COLOMBIA

Signed FTA’s with Chile, Mexico, and Venezuela, United States.

Korea, China and Japan have focused on Economic, and Technical

Cooperation between those nations.

Caribbean Community and Common Market (Caricom), Colombia has

also deepened Economic and Medical Science Research collaboration

agreements

Pacific Alliance

United Nations

Organization of American States

Organization of Ibero-American States

Union of South American Nations

Andean Community of Nations.

COLOMBIA

EXPORTS IMPORTS

Jul 12= $4.97 Billions

Jul 13= $4.65 Billions

Jul 14= $5.04 Billions

Jul 12= $5.12 Billions

Jul 13= $5.11 Billions

Jul 14= $6.08 Billions

COLOMBIA

COLOMBIA

Located in North America

Federal republic consisting of 50 states and a federal district.

The state of Alaska is the northwestern part of North America and the

state of Hawaii is an archipelago in the mid-Pacific.

One of the world's most ethnically diverse and multicultural nations, the

product of large-scale immigration from many countries.

The United States emerged from 13 British colonies located along the

Atlantic seaboard.

On July 4, 1776, they issued the Declaration of Independence.

In 1783 their independence was recognized.

United States of America

Capital Washington, D.C.

Official languages None at federal level

Recognized regional languages:

English

Spanish

Hawaiian

Samoan

Chamorro

Carolinian

Cherokee Spanish

Government Federal presidential constitutional republic:

President: Barack Obama

Population 2014 estimate 319,309,000

GDP Total $16800 billion US dollars in 2013

Currency United States Dollar

United States of America

Permanent member of the United

Nations Security Council

It is a member of the G7, G20, and

Organization for Economic Co-

operation and Development.

Cuba, Iran, North Korea, Bhutan, and

the Republic of China do not have

formal diplomatic relations with the

United States

The Organization of American States

Free trade agreements such as the

trilateral North American Free Trade

Agreement with Canada and Mexico.

Colombia.

United States of America

United States of America

EXPORTS IMPORTS

Jul 12= $183673 Billions

Jul 13= $189902 Billions

Jul 14= $198025 Billions

Jul 12= $227507 Billions

Jul 13= $229321 Billions

Jul 14= $238346 Billions

United States of America

96% of Colombian

exports to the US are

concentrated in 10 main

sectors, being minerals

and fuels the most

representatives.

Exports from Colombia tothe United Statescomprise in total 1747products. The mainexport sectors are:

• Crude oils obtained from bituminous minerals: 61.66%

• Non-monetary gold and other unwrought forms: 8.56%

• Various oils: 6.28%• Coffee, not roasted, not decaffeinated: 4.99%• Bituminous coal: 3.37%• Flowers and buds number: 2.18%• Light oils and preparations: 2.00%• Roses: 1.29%• Bananas, including plantains, fresh or dried:

0.91%• Extracts, essences and concentrates of coffee:

0.50%.

United States of America

• 87% of the value of exports made

by Colombia to the United States

are made by sea and 13% by air.

• The average sea freight between

Colombia and the United States is $

1.01 per kilogram and airmail of $

0.99 per kilogram.

• The average price per kilogram of

products shipped by sea is $ 0.58

and airway is $ 20.75 US dollars.

United States of America

90% of Colombian imports from

the United States, focuses on 10

main sectors, with minerals and

fuels, machinery and mechanical

and chemical, the most

representative team.

United States of America

Imports by Colombia from the United States comprise 3.892productos.

The main import sectors are:

1. Various petroleum oils: 15.10%

2. Aeroplanes and other aircraft : 6.12%

3. Dump and automotive: 2.53%

4. Parts of airplanes or helicopters:

1.85%

5. Various wheats: 1.78%

6. Several maize: 1.30%

7. Unsaturated acyclic hydrocarbons:

propane 1.23%

8. Cyclic hydrocarbons: styrene: 1.96%

United States of America

Colombia and the United States: A Successful Trade Alliance

• Bank of America Corp - FINANCIAL SERVICES

• AT&T (American Telephone and Telegraph) -

TELECOMMUNICATIONS

• Ford Motor Company - TRANSPORT

• ExxonMobil - HYDROCARBONS

UNITED STATES

• Alpina – FOOD INDUSTRY

• Juan Valdez – FOOD INDUSTRY

• Grupo Phoenix – PHARMACEUTICAL

INDUSTRY

COLOMBIA

U.S. foreign direct investment (FDI) in Colombia totaled nearly $12 billion between 2000 and 2014.

On November 22, 2006, the United States and Colombia signed (FTA)

The FTA was approved by the U.S. Congress on October 12, 2011

FTA entered into force on May 15, 2012

Form of government, rivalries and conflicts present,

past political climate.

Per capita income, infrastructure, and economy.

Exchange rate.

Devaluation of a nation’s currency also tends to reduce the price ofexports from the country whose currency has been devalued,making those goods more attractive in world markets. Forexample, Colombian exports are very attractive because more canbe bought with the U.S. dollar.

Since the ATPDEA was signed with

Colombia, their exports have

significantly grown.

US imports from Colombia represent

$22’423’504,511 USD (35%) from

the Colombian Total GDP of

$641.532 billion.

Agreements are efficient

ways to increase international

competitiveness by improving

welfare of its population.

Colombian total imports are

$55,5 B USD, where 24,70%

($13,7 B USD) are American.

Opened barriers have’nt affected

the economy sector of Colombia

as thought at the very

beginning. Agricultural and

Militar Technlogy had improved

for better local production.

Capitalist model let

freedom of purchasing

power to the people.

http://www.tradingeconomics.com/

http://www.tlc.gov.co/publicaciones.php?id=14853

http://coyunturaeconomica.com/empresas/empresas-destacadas-de-estados-unidos

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