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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

Site Updated: January 6, 2009

Facts Of The Day

February 1, 2008

Lumber and wood products accounted for less than one percent of total U.S. industrial exports to Colombia in 2006, totaling $4.6 million. The top U.S. exports in this sector were railway ties, clothes hangers, coniferous lumber, and formwork. Colombian tariffs range between five and 20 percent, with an average of 12.3 percent in 2006. For lumber and wood products, 69 percent of U.S. industrial exports will receive duty-free treatment immediately upon implementation of the U.S.-Colombia Trade Promotion Agreement, and tariffs on 15 percent of exports will be eliminated over five years.

Source: Prepared by the International Trade Administration