In the previous year, Colombia imported around $50worth of commodities making it the 48th largest importer in the world. It is one of the largest importers in South America. Colombia is one of the largest producers of emeralds in the world that is why it provides a good market for investors who are in the industry of jewelry and international gem.
If we see the import shipment details of last 5 years, it is completely visible that Colombia has increased at an annualized rate of 5.4%. In 2010, it imported $40.9 worth of products while in 2015value turned into $51.7B. According to the recent report of Colombian imports, refined petroleum covers approximately 10% of the total imports of Colombia, followed by Spacecraft, Planes and Helicopters account for 4.32%.
Everyone who wants to run its business with high speed and without any obstruction must put some effort in collecting Colombia Import Shipment Data
. Internet is considered the most reliable source to fetch the Colombia data of import. It contains all the relevant details of imported products such as Name, type, HS code, unit, importer’s details, custom duty, source country and many more.
Here are some top products Colombia imports every year in the world. Machinery covers 11.7% of total imports, while Electronic equipment (10.2%), Mineral fuels 8.5%, Vehicles 8.4%, Plastics 4.7%, Pharmaceuticals (4.7%), Organic chemicals (4.3%),Iron & steel (2.8%), Cereal & milk preparations (3.5%) and Medical & technical equipment (3.1%).
If you want to expand your business of imports in Colombia or want to defeat your competitors, you need to come out from your comfort zone and examine the Colombia Import Shipment Data. You are required to research the market which can only be possible with updated & authentic import data.