Colombia Deserves a Vote!
The Colombia Trade Promotion Agreement Means Opportunity Across the United States!

One reason the U.S.-Colombia Trade Promotion Agreement (CTPA) spells opportunity for U.S. exporters is the dynamism of the Colombian market. Over the past three years, U.S. exports to Colombia have nearly doubled. These gains have been achieved despite Colombia's steep tariffs on imports from the United States -- a tribute to American entrepreneurship and Colombia's robust economic growth.

Consider the surging exports to Colombia from these 15 states:

State Exports to Colombia in 2007 % Change since 2004
1. Texas $2,287,953,144 100%
2. Florida $2,060,172,710 87%
3. Louisiana $856,730,956 65%
4.California $320,808,352 168%
5. Illinois $309,617,035 123%
6. Georgia $183,103,310 125%
7. North Carolina $181,074,105 113%
8. Tennessee $150,506,203 94%
9. Ohio $132,953,955 97%
10. New Jersey $131,494,734 59%
11. Pennsylvania $126,284,122 95%
12. Minnesota $118,642,773 271%
13. New York $113,608,765 39%
14. Virginia $103,133,629 348%
15. Michigan $87,129,048 109%

State by state, the success achieved by U.S. workers, farmers, and companies is impressive:

  1. A remarkable 28 states have doubled, tripled, or quadrupled their exports. Leading the charge are New Hampshire (up 478% in three years), Alaska (463%), and North Dakota (408%).
  1. In addition to the three just named, states that have seen their exports double (or more) include Nevada, New Mexico, Virginia, South Dakota, Connecticut, Minnesota, Rhode Island, Maryland, Indiana, California, Oklahoma, Wisconsin, Iowa, Massachusetts, Oregon, Wyoming, Georgia, Colorado, Vermont, Illinois, North Carolina, Missouri, Michigan, Kentucky and Texas.
  1. While some of this growth is from a low base, imagine how these exports will surge when CTPA eliminates all duties on key exports such as processed foods (upon which Colombia imposes tariffs of 18%), export crops such as corn (57%), and audiovisual products such as DVDs and film (5-15%).
Colombia imports over $8.6 billion in goods from the United States. Imagine how businesses from across the United States will benefit once CTPA eliminates Colombia's barriers to U.S. goods and services! Support the U.S.-Colombia Trade Promotion Agreement today!

Colombia Deserves a Vote!



Latin America Trade Coalition | 1615 H Street, N.W. | Washington, D.C. 20062
www.latradecoalition.org

March 11, 2008

Did you know?

U.S. exports to Colombia have nearly doubled over the past three years despite Colombian tariffs that average 14% on manufactured goods and even higher on farm products. Imagine the boom in exports once CTPA sweeps aside these tariffs.


Overheard      

''Maybe the next president can get it done, but why wait? The United States and Colombia have signed a valuable, worthy trade pact. Get it done now.''
- South Florida Sun-Sentinel, February 22, 2008