VENTAJAS Y DESVENTAJAS DE LAS EXPORTACIONES

E IMPORTACIONES ACTUALMENTE EN COLOMBIA

Advantages and disadvantages of importing and exporting in / to Colombia

NAFTA as the current process of globalization and integration economic, is

fundamental in the imports and exports of a country
.
The FTA between Colombia and the United States is a trade agreement that began
to be negotiated in 2003 and was signed in 2011. It could be understood as an
area of common trade governed by special rules in order to promote and facilitate
trade between Colombia and the EEUU.
.
There are conflicting opinions of some economists regarding the results of today's
imports and exports in the country as a result of the FTA with the USA

Taking these views into account, the following are some advantages and
disadvantages of imports and exports in Colombia:

Advantages

 The government highlights that 2,230 companies sold (exports) for the first
time in the United States market once the NAFTA was signed.

 According to the newspaper Portafolio, in the first 9 months of 2016, the

USA was the main destination of Colombian exports, with a 32.8% share in
the total exported value.

 Goods purchased by Colombia in the USA (imports) between January and

September 2016 had a 26.6% share of the total recorded, which shows that
the USA is Colombia's main trading partner.

 With regard to other partners, the commercial relations between Colombia

and Ecuador are going through one of their best moments in recent years.
Foreign trade activities appear to improve after recent measures by the
Correa government, which lifted restrictions on more Colombian products.

 Throughout the last three decades, both nations have created various
integration mechanisms to facilitate trade from side to side, the most
important being the current Andean Community of Nations (Colombia,
Ecuador, Peru and Bolivia).
Disadvantages

 In May 2012, a treaty that now shows that exports to that country fell 55.1%,
comparing exports of 2015 with respect to those of 2011

 Opinions outside the government think that many companies that sold for
the first time in the US market did not do well, as negotiations were not as
frequent as they thought because the US economy, since the crisis of 2009,
had slowed recovery, affecting purchases and external demand.

 There is a competitive disadvantage between the US and Colombian

economies, of course against our country, represented by the level of
economic development, global political capacity, endowments and resource
management.

 The negotiation of the treaty accepted conditions that meant disadvantages

for Colombia, due to the technological advances of the United States, our
country does not have the tools to compete in commercial terms with the
USA.

 Trump announcements about eliminating trade agreements have awakened

uncertainty among many Colombian entrepreneurs, especially those
engaged in international trade.

 The trade balance has had negative repercussions as exports have fallen in
recent years and imports have risen. It went from having a surplus to a
deficit and this has been the consequence of an FTA with greater benefits
for the United States, says the director of Cedetrabajo, Mario Alejandro
Valencia.

 On the other hand, the increase in the price of the dollar has led to more
expensive imports, which has affected buyers (consumers) in the country
since the price of many goods and services has increased.