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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: August 14, 2008

Facts Of The Day

July 24, 2008

The U.S. manufactured goods trade balance improved 122 percent with our FTA partners, but only six percent with non-FTA partners in the first five months of 2008.

Source: Prepared by the International Trade Administration

Trade Fact for July 24, 2008

July 23, 2008

In 2007, the United States exported $210 million of wheat and barley to Colombia. Colombia’s WTO tariff bindings on wheat and barley range from 90 to 248 percent. Colombia’s applied tariff rates range from 5 to 20 percent on some grain types with some subject to Colombia’s price bands with tariffs ranging from zero percent up to the WTO bound rate, depending on world prices. Colombia’s tariffs on all wheat and wheat products, as well as all barley and barley products, except feed barley, will be immediately eliminated. Tariffs on feed barley will be eliminated on January 1, 2009. Under the Andean Trade Preference and Drug Enforcement Act, U.S. tariffs on barley imports from Colombia currently are zero. The U.S.-Colombia Trade Promotion Agreement continues this zero-duty treatment.

Source: Prepared by the U.S. Department of Agriculture

Trade Fact for July 23, 2008

July 22, 2008

Transportation equipment accounted for one percent of U.S. industrial exports to Colombia in 2006, totaling $51.4 million.

Source: Prepared by the International Trade Administration

Trade Fact for July 22

July 21, 2008

Georgia’s export shipments of merchandise to Colombia, Panama, and Korea in 2007 were: Colombia--$183 million; Panama--$111 million; and Korea--$391 million.

Source: Prepared by the International Trade Administration

Trade Fact for July 21, 2008

July 18, 2008

U.S. goods exports to Colombia year-to-date through May 2008 amount to 4.8 billion, up 50.0 percent from the same period of 2007. Among the largest categories of U.S. exports to Colombia in 2007 were machinery, organic chemicals, and electrical machinery.

Source: Prepared by the International Trade Administration

Trade Fact for July 18

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