February 7, 2008

Footwear and leather products accounted for less than one percent of total U.S. industrial exports to Colombia in 2006, totaling less than $4.7 million. The top U.S. exports in this sector were container boxes and bags, footwear uppers, leather footwear, and handbags. Colombian tariffs range between 15 and 20 percent with an average of 19.4 percent in 2006. For footwear and leather products, 88 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

February 6, 2008

Chemicals accounted for 15.4 percent of total U.S industrial exports to Korea in 2006, totaling $4.7 billion. The top U.S. exports in this sector included polycarbonates, ethylene dichloride, plastic, silicon, and skin care cosmetics. Korean tariffs range between zero and 50 percent, with an average of 6 percent. For chemicals, 48.4 percent of U.S. exports will receive duty-free treatment immediately upon implementation of the Agreement. Tariffs on high-trade U.S. products such as articles of plastic, polycarbonates, and cellulose acetate will be eliminated within three years of implementation of the Agreement.

Source: Prepared by the International Trade Administration

February 5, 2008

Scientific equipment accounted for 5.5 percent of total U.S industrial exports to Korea in 2006, totaling $1.7 billion. The top U.S. exports in this sector included certain measurement instruments, auto-regulating instruments and parts, and gas and smoke analysis apparatuses. Korean tariffs range between zero and eight percent, with an average of 4.7 percent.

Source: Prepared by the International Trade Administration

February 4, 2008

Nearly all U.S. exports of information technology products will be duty-free upon entry into force of the Agreement. Despite tariffs that average about eight percent and range up to 15 percent, U.S. exports of information technology products were $186 million in 2006, accounting for 8.6 percent of total U.S. exports to Panama. With the immediate removal of most tariffs, U.S. exports will become much more competitive and affordable to Panamanians.

Source: Prepared by the International Trade Administration

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