February 26, 2008

Medical equipment accounted for 3.2 percent of total U.S. industrial exports to Colombia in 2006, totaling $160 million. The top U.S. exports in this sector included diagnostic and laboratory reagents, medical needles, diagnostic apparatus, MRIs, and x-ray apparatus. Colombian tariffs range between five and 15 percent, with an average of 8.8 percent in 2006. For medical equipment, 96 percent of U.S. industrial exports will receive duty-free treatment immediately upon implementation of the U.S.-Colombia Trade Promotion Agreement.

Source: Prepared by the International Trade Administration