April 23, 2008

U.S. merchandise exports to Colombia exceeded $8.5 billion in 2007, a 28 percent increase from 2006. Colombia now ranks as our 26th largest export market.

Source: Prepared by the International Trade Administration

April 22, 2008

Canada and Mexico are the No. 1 and No. 2 export markets for U.S. agriculture, respectively. In fiscal year 2007, two-way agricultural trade between the United States and Mexico was valued at a record $22.2 billion, a nearly fourfold increase over fiscal 1993—the year preceding the implementation of NAFTA—when two-way trade was valued at $6.4 billion.

Source: Prepared by the U.S. Trade Representative

April 21, 2008

Canada and Mexico are our first and third largest goods trading partners, accounting for 33 percent of our goods exports to the world in 2007. Each day the U.S. conducts nearly $2.5 billion, or $1.7 million a minute, in goods trade with its NAFTA partners.

Source: International Trade Administration

April 18, 2008

Colombia’s economic growth topped over 6.9 percent in 2007, the highest in eight years. Unemployment and poverty are at their lowest levels in a decade.

Source: U.S. State Department

April 17, 2008

Ninety-one percent of Colombia’s exports to the United States enter duty-free under unilateral trade preference programs, while U.S. exports to Colombia face an average tariff exceeding 11 percent.

Source: Prepared by the International Trade Administration