Importaciones Colombia Asia (Hong Kong), trabajo primera entrega

1911020116, Yahn Harry Triana Vásquez - 1911025509

Politécnico Grancolombiano

Notas de Autor

Yahn Harry Triana Vásquez, Facultad de Negocios, Politécnico Grancolombiano

Profesor Walter Alirio Rivera Suárez

 Introduction

In this installment, I want to refer to the importance of imports that today are more

frequent and of greater volume or demand compared to other commercial activities

that occur between Colombia and countries of the Asian Continent in the direction

of Hong Kong. formed the innovation company with a 100% Colombian product

which provides economic, social and cultural contributions and benefits for the

countries.
 Feasibility

Hong Kong is the focus of some Colombian products which were very well

received, this time I want to show the feasibility of importing a product which

reflects the softness, flavor, texture and innovation of Colombia on the palate of

the inhabitants of Hong Kong , where different spices for aromatics and flavored

waters have been cultivated for a long time, therefore, there has not been the

opportunity to produce a product that is the most consumed worldwide.

Colombian Coffee whose flavor is unmatched as it is a product with an import

that exceeds 13,500,000 bags of 60 kg from 2017 to 2022.

Hong Kong with GDP Growth: 3.8% and Inflation: 1.5%. Hong Kong's natural

resources are limited, and food and raw materials must be imported, it is from

here that with our innovative product barriers are broken and flavor is imported.

Some countries try to import this product since it is and is part of the daily drink

in each one of the inhabitants, but since Colombia has the best experience in

the third place with the most imports and quality of coffee, it would be part of this

commercial agreement.

https://es.wikipedia.org/wiki/Anexo:Países_por_producción_de_café
 Product Description

Since we are the third country with the most import and production of coffee in the

world. In this project I want to present an innovative product called Coffee Small

box, it is about small cubes of coffee of better Colombian quality which comes

sweetened natural or without sweet, with sweet aromas, something caramelized

without losing the essence of Colombian coffee.

This product comes in boxes of 20 portions of a product diameter of 2cm square

whose flavor satisfies the need for an individual average cup.

 Theoretical framework, trade history of Colombia and Hong Kong

2021

In 2021, Colombia exported $417M to Hong Kong. The top products exported from

Colombia to Hong Kong were Gold ($323M), Precious stones ($30.1M), and Edible

Diamondstones ($12.5M). During the last 26 years, Colombia's exports to Hong

Kong have increased at an annualized rate of 5.63%, from $100M in 1995 to

$417M in 2021.
https://oec.world/es/profile/bilateral-country/col/partner/hkg#:~:text=Durante%20los

%20últimos%2026%20años,exportó%20%2478%2C4M%20a%20Colombia.
Colombia exports - from US$230 million in 2000 to US$528 million in 2011,

registering a current average growth of 7.8%, while imports went from US$542

million to US$1437 million, with an average growth of 9.3%.

Low diversification of the Colombian export basket was observed, the

concentration remains very high in products such as coffee and gold. It is also

worth noting the low technological intensity of the main export products (more than

93% are primary).

Although its commercial activity does not represent much import commission in

this project, it will make a great contribution thanks to its reception for our product

thanks to its unparalleled flavor and coffee trajectory worldwide.

 Market research and analysis of internal and external factors

Economic sector

This innovative company Coffee Small box would be part of the primary

economic sectorsince it is a product whose commercial purpose would transform

the new way of obtaining a practical cup of coffee and with income generation for

both parties.

Coffee Small box will be part of the satisfaction in the population of Hong Kong

with a high demand.

The importance of this sector is that it intervenes in the economies of

agriculture and natural food and generates agricultural benefits in both countries,

since it increases the use of renewable soils in Colombia as well as the increase

in good coffee preference.

It is as important as any other economic sector since two powers are involved in

their different characteristics, Hong Kong as an economy based on consumption

and Colombiapower in diversity of resources and soils of cultivation as well as

exquisiteness in them.