National Business Association of Colombia
January 2015

ANDI- National Business Association
Purpose: Represent, provide services and procure for a stable business environment
More than 1200 members which represent 35-40% of Colombia’s
GDP
28 specialized sector chambers
11 regional branches

Our international network of allies extends through the all continents

Proven strong fundamentals

COLOMBIA: MAIN INDICATORS
2000
GDP
GDP(US$ Millions)
Economic Growth rate
GDP per cápita (US$)
Foreign Trade
Exports (US$ Millions)
Industrial (US$ Millions)
Imports (US$ Millions)
International Reserves
Months of imports
Investment
Investment (% GDP)
Foreign Direct Investment (US$ Millions)
FDI (% GDP)
Debt (% GDP)
Foreign Debt (% GDP)
Fiscal Debt (% GDP)
Macroeconomic Environment
Inflation
Deposit interest rate (yearly average)
Labour Market
Unemployment rate (yearly average)
Social Indicators
Affiliates to health services (thousands)
Poverty rate
94,075
2.9
2,385
13,158
7,034
11,539
9,004
9.4
14.5
2,436
2.6
36.3
31.6
8.8
12.1
16.7
22,756
55.0
2013
378,125
4.2
8,025
58,822
21,724
59,397
43,600
8.8
27.9
16,199
4.3
24.4
24.4
1.9
4.1
9.7
43,207
30.6
2014
377,185
4.8
7,920
56,057
19,544
63,674
47,323
8.9
30.1
15,500
4.1
24.6
24.6
3.6
4.3
9.1
29.3

COLOMBIA: GDP GROWTH RATE
Agriculture
Mining
Coal
Oil and gas
Manufacturing
Utilities
Construction
Housing
Infraestructure
Retail trade, restaurants & hotels
Transport, communication & warehousing
Finance, insurance and real estate
Government, social and personal services
Government
-0.1
-0.3
0.1
5.2
6.2
3.6
3.6
4.3
2010
0.2
10.6
1.9
16.8
1.8
3.9
8.2
4.1
12.9
6.7
6.6
6.7
3.1
2.1
2011 2012 2013 Jan-Sep/14
2.1
2.5
5.5
3.6
14.5
14.7
17.8
4.7
3.0
5.6
3.9
4.6
-1.1
2.1
4.9
-4.0
7.8
-1.0
4.9
0.8
11.6
-1.7
0.5
4.1
6.0
5.9
6.0
4.3
4.9
5.0
5.0
4.8
12.0
11.4
12.7
4.3
3.1
5.0
5.3
5.9
13.7
7.7
18.4
5.1
4.4
5.5
5.7
6.9
GDP
4.0
6.6
4.0
4.7
5.0
10

ECONOMIC GROWTH ACCORDING TO EXPENDITURE
TOTAL GDP
Imports
Consumption
Households
Domestic consumption
Non durables
Semi-durable
Services
Durables
Government
Investment
Domestic demand
Exports
9.0
4.0
21.6
5.6
4.9
5.6
1.3
2010
4.0
10.8
5.1
5.0
4.7
3.2
14.0
5.4
21.2
3.6
19.0
8.4
11.8
2011
6.6
21.5
5.5
6.0
5.9
3.4
5.1
4.5
7.6
5.7
4.6
4.6
6.1
2012 2013 Jan-Sep/14
4.0
4.7
5.0
8.9
4.7
4.5
4.4
12.6
5.3
4.4
4.3
3.6
4.2
4.3
4.1
5.1
5.1
5.2
5.9
4.2
3.8
5.8
6.1
4.7
5.4
4.7
4.5
8.1
6.7
13.0
7.8
-0.8
11

Colombia in relation to
Latin America

BRAZIL
MEXICO
COLOMBIA
ARGENTINA (Official rate)
ARGENTINA (Market rate average)
VENEZUELA (Official rate)
VENEZUELA (Market rate average)
CHILE
PERU
ECUADOR
URUGUAY
BOLIVIA
PARAGUAY
Latin America: Economic Indicators 2013
GDP
US$ Millions
2,190,218
1,327,021
378,125
484,596
272,041
367,482
34,783
281,666
210,349
91,412
57,107
29,805
30,558
Population GDP per capita
Millions US$
199.9
10,958
118.2
47.1
41.5
41.5
30.0
30.0
17.6
11,224
8,025
11,679
6,556
12,256
1,160
16,043
30.9
14.9
3.4
11.0
6.8
6,797
6,154
16,836
2,700
4,499
Sources: Central Banks in each country, IMF, Calculations ANDI
Intl Reserves
US$ Millions
362,410
176,152
43,600
30,799
21,729
39,903
66,279
4,051
16,121
14,311
5,832
FDI
US$ Millions
61,924
24,600
15,000
9,029
3,152
9,501
11,979
486
3,160
1,287
-
Investment
% GDP
19.2
24.2
23.7
24.2
24.0
25.7
27.9
28.2
19.7
19.3
16.6
14

Industry: Weak recovery

Actively pursuing a global integrated economy

COLOMBIA: FREE TRADE &
ECONOMIC PARTNERSHIP AGREEMENTS
Integration
FTA
Partial Scope Agreements
BIT or double taxation treaties
Integration
FTA
Partial Agreements
Investment and double taxation
Potential FTA
20

COLOMBIA: FREE TRADE AGREEMENTS
Country/Zone
Current FTA
Mexico
Triángulo Norte (El Salvador, Guatemala, Honduras)
CAN (Peru, Ecuador, Bolivia)
CARICOM (Caribbean Community)
MERCOSUR
Chile
EFTA
Canada
United States
Venezuela
Nicaragua
European Union
Population
2013 2013
GDP Exports Imports
Millions US$ Millions US$ Millions US$ Millions
1,409 38,600,427 12,392,877 12,294,802
118
30
57
17
252
18
13
35
317
30
6
505
1,327,021
97,447
331,566
17,394
293,094
281,666
400,106
28,546
87,792
37,435
514,418
92,266
413,064
43,364
90,776
42,686
530,550
93,002
13,487
1,825,062
524,553
544,065
406,520
564,662
16,724,272 2,276,264 2,744,520
367,482 91,826 74,594
11,284 5,307 7,700
17,236,563 7,771,775 7,268,255
Subscribed FTA
Korea
Costa Rica
Israel
Panama
Pacific Alliance
FTA under negotiation
Turkey
Japan
TOTAL
World
Share
Source: DANE, MCIT, IMF, WTO, UNCTAD
233
50
5
8
4
167
127
76
127
3,747,627
1,197,506
48,505
272,737
40,618
2,188,261
1,363,238
683,911
17,220
94,863
27,504
539,740
1,312,014
617,203
19,308
91,410
28,178
555,916
5,007,203 832,736 957,794
821,798
5,007,203
208,077
832,736
267,366
957,794
1,769 47,355,257 14,588,851 14,564,610
7,162 73,454,493 23,189,386 23,189,386
24.7
64.5
62.9
62.8

Total Exports
Traditional
Coffee
Petroleum
Coal
Ferronickel
Industrial
Total Imports
Consumption Goods
Raw Materials
Capital Goods
For Manufacturing
Industrial Machinery
COLOMBIA: FOREIGN TRADE
(Millions US$)
2012 2013
57,420 60,667
40,253 42,238
2,608 1,910
28,421 31,642
8,397 7,805
827 881
23,278 23,652
Jan-Nov/14
51,061
36,467
2,234
27,424
6,225
584
8,555
Growth rate (%)
2012 2013 Jan-Nov/14
43.0
56.9
38.5
69.6
39.6
-14.5
26.2
2012 2013 Jan-Oct/14 2012 2013
54,675 58,632
11,315 12,705
22,609 25,121
20,723 20,780
10,495 11,555
4,380 4,783
49,413
10,816
21,750
16,829
9,891
3,820
34.4
25.7
32.0
42.7
26.0
29.7
7.2
12.3
11.1
0.3
10.1
9.2
5.7
4.9
-26.8
11.3
-7.0
6.6
1.6
Jan-Oct/14
7.6
8.4
9.4
4.9
6.0
-5.4
-4.7
-3.6
31.6
-7.4
5.2
-7.0
-6.3

COLOMBIA: EXPORTS ACCORDING TO COUNTRY
2013
58,822
Countries with lower exports from Colombia
United States
Chile
Venezuela
Argentina
Aruba
Germany
India
France
Ecuador
Peru
United Kingdom
18,459
1,572
2,256
433
1,716
780
2,993
327
1,975
1,274
1,116
35,340
Jan-Nov/14
51,061
12,963
919
1,861
188
1,120
577
2,696
137
1,700
1,096
1,014
26,455
Growth rate
-4.7
-24.8
-37.3
-12.3
-53.7
-15.4
-22.4
-5.2
-50.8
-5.8
-6.9
-2.7
-20.7
Countries with greater exports from Colombia
China
Panama
Spain
Turkey
Mexico
Other Countries
Brasil
Netherlands
5,102
3,329
2,879
624
864
4,163
1,591
2,273
23,481
5,543
3,417
3,094
725
850
2,994
1,487
1,998
24,605
23.4
23.0
20.7
29.4
10.2
2.3
1.7
0.5
21.9
Share
100
10.9
6.7
6.1
1.4
1.7
5.9
2.9
3.9
25.4
1.8
3.6
0.4
2.2
1.1
5.3
0.3
3.3
2.1
2.0
23

ALADI
Ecuador
Peru
Argentina
Brazil
Chile
Mexico
Panama
Venezuela
United States
European Union
Germany
Spain
France
Italy
Netherland
United Kingdom
Japan
China
India
Korea
Other Countries
Total
COLOMBIA: TRADE BALANCE
January-October (Millions US$)
Exports FOB Imports FOB
2014 2014
10,663
1,542
1,018
162
1,383
868
796
3,049
1,668
10,354
732
921
826
2,010
738
4,145
44
368
11,994 14,584
Trade Balance
2013 2014
39
940
419
-1,092
-722
674
-3,764
2,408
1,561
309
810
97
-664
-627
130
-3,348
3,004
1,300
3,112 -2,590
8,211
529
2,915
103
830
1,919
957
348
5,406
2,374
96
6,173
47,158
6,971
1,981
751
1,518
788
234
489
1,209
9,119
1,090
1,146
3,824
50,754
1,417
-1,072
1,608
-802
-390
1,594
548
-832
-4,330
1,471
-896
2,198
1,507
1,240
-1,452
2,165
-1,415
42
1,685
468
-860
-3,713
1,284
-1,050
2,349
-3,596
24

Improvement in social issues

26

27

Successful security policy
28

29

Favourable macroeconomic environment

Challenges of the near future
• Competitive economic growth
• Maximize opportunities
• Colombia
´ s growing role in the international context
• Reliable country:
• FDI
• Financial resources
• Foreign trade
• Technology
• Competitiviness Agenda
• Infrastructure
• New markets
• Capital markets
• Science and Technology
• Human Capital
• Formalization
33

Overall economic growth
Opportunities in all economic activities
34

35

37

Challenges of the near future
• Competitive economic growth
• Maximizing present opportunities
• Colombia
´ s growing role in the international context
• Reliable country:
• FDI
• Financial resources
• Foreign trade
• Technology
• Competitiviness Agenda
• Infrastructure
• New markets
• Capital markets
• Science and Technology
• Human Capital
• Formalization
38

39

41

Challenges of the near future
• Competitive economic growth
• Maximizing present opportunities
• Colombia
´ s growing role in the international context
• Reliable country:
• FDI
• Financial resources
• Foreign trade
• Technology
• Competitiviness Agenda
• Infrastructure
• New markets
• Capital markets
• Innovation, Science and Technology
• Education - Human Capital
• Formalization
42

43

http://www.andi.com.co