What have you heard
or what do you “know”
about COLOMBIA?
VIDEO
(click here)
http://www.youtube.com/watch?v=Em0SCicZQhw
OUR “ONLY”
PROBLEM…
…is corruption!
The
BASICS…
LOCATION:
(SURROUNDED by 2 oceans)
NAME:
Republica de
COLOMBIA
FLAG
MEANING:
> “GOLD”/
“RESOURCES”
“TWO OCEANS”
“HEROE‟S BLOOD”
MAIN LANGUAGE:
Español de Castilla
>500.000.000 speaks „Castellano‟
DEMONYM:
Colombian
POPULATION:
45,586,233 (29th globally)
MIGRATION
TO COLOMBIA
RELIGION…
90% CATHOLIC
ETHNICS…
How a typical colombian looks like?
(Think twice… is hard to Know!)
…
> 58% Mestizo
> 21% African-Colombian
> 20% Caucasian-Colombian
> 1% Indigenous
CULTURE
DID YOU KNOW…
In 2008, COLOMBIA was
ranked 1st according to a
“Happy Planet Index”?
(YES, such things actually exists)
htt...
CAPITAL:
Bogotá [boɣo‟ta]
LARGEST CITIES:
•Bogotá
•Medellin
•Cali
•Barranquilla
[32 “STATES”]
AREA:
1,141,748 km2 (26th. globally)*
*US is almost 9 times larger
A Desert
in the North
The ATLANTIC
(or the Caribbean)
The PACIFIC
on the west
Our “Heart”
3 Mountain Ranges
PLAINS (“Llanos”)
in the East
Amazonas Tropical Forrest
in the South
HIGHER EDUCATION:
Over 70 Universities
CURRENCY:
PESO Colombiano*
*1U$ = 1800 COP (Aprox.)
GDP (purchasing power parity): $395.4 billion (2008 est.)
GDP (official exchange rate): $240.7 billion (2008 est.)
GDP - r...
GDP:
U$401.966 billion
Manufacturing 14.2%
Agriculture 13.5%
Financial services 17.2%
Commerce 11.4%
Transportation/commun...
-4
-2
0
2
4
6
8
10
2004 2005
US Exports US Imports Trade Balance
$US Billions
 Colombia Ranks #31 trade partner with US.
...
CIVETS* “the new BRICM”:
Colombia, Indonesia, Vietnam,
Egypt, Turkey and South-africa
*Countries with reasonably sophistic...
INDUSTRY:
•Leather, textiles and clothing (particularly lingerie)
•Processed foods and beverages,
•Paper and paper product...
COFFEE
FLOWERS
PETROLEUM
COAL
EMERALDS
GOLD
SOME
MULTINATIONAL
COMPANIES
with presence
in COLOMBIA
•Oil & Gas.
• Emphasis on exploration and production, offshore.
• $3 billion refinery expansion/modernization and
Petroche...
•Safety and Security
• Residential and commercial alarm systems
• Biometrics
• Transportation and logistics security
•Food...
•Healthcare Services and Medical
Equipment
•Hospital upgrades
•Preventative care & early diagnosis
•Business and other Ser...
“COLOMBIA ES PASION” STORE
ANDRES VELASQUEZ
Business Fellow
at the Springfield Area Chamber of Commerce
•Nacionality: Colombian
•Specialty: Research
...
¿...what do you know about COLOMBIA? por Andres Velasquez
¿...what do you know about COLOMBIA? por Andres Velasquez
¿...what do you know about COLOMBIA? por Andres Velasquez
¿...what do you know about COLOMBIA? por Andres Velasquez
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¿...what do you know about COLOMBIA? por Andres Velasquez

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Overview of Colombia and potential business opportunities there.
¿...what do you know about COLOMBIA?
por Andres Velasquez

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¿...what do you know about COLOMBIA? por Andres Velasquez

  1. 1. What have you heard or what do you “know” about COLOMBIA?
  2. 2. VIDEO (click here) http://www.youtube.com/watch?v=Em0SCicZQhw
  3. 3. OUR “ONLY” PROBLEM… …is corruption!
  4. 4. The BASICS…
  5. 5. LOCATION: (SURROUNDED by 2 oceans)
  6. 6. NAME: Republica de COLOMBIA
  7. 7. FLAG MEANING: > “GOLD”/ “RESOURCES” “TWO OCEANS” “HEROE‟S BLOOD”
  8. 8. MAIN LANGUAGE: Español de Castilla >500.000.000 speaks „Castellano‟
  9. 9. DEMONYM: Colombian
  10. 10. POPULATION: 45,586,233 (29th globally)
  11. 11. MIGRATION TO COLOMBIA
  12. 12. RELIGION… 90% CATHOLIC
  13. 13. ETHNICS… How a typical colombian looks like? (Think twice… is hard to Know!)
  14. 14. … > 58% Mestizo > 21% African-Colombian > 20% Caucasian-Colombian > 1% Indigenous
  15. 15. CULTURE
  16. 16. DID YOU KNOW… In 2008, COLOMBIA was ranked 1st according to a “Happy Planet Index”? (YES, such things actually exists) http://en.wikipedia.org/wiki/Happy_Planet_Index
  17. 17. CAPITAL: Bogotá [boɣo‟ta] LARGEST CITIES: •Bogotá •Medellin •Cali •Barranquilla [32 “STATES”]
  18. 18. AREA: 1,141,748 km2 (26th. globally)* *US is almost 9 times larger
  19. 19. A Desert in the North
  20. 20. The ATLANTIC (or the Caribbean)
  21. 21. The PACIFIC on the west
  22. 22. Our “Heart” 3 Mountain Ranges
  23. 23. PLAINS (“Llanos”) in the East
  24. 24. Amazonas Tropical Forrest in the South
  25. 25. HIGHER EDUCATION: Over 70 Universities
  26. 26. CURRENCY: PESO Colombiano* *1U$ = 1800 COP (Aprox.)
  27. 27. GDP (purchasing power parity): $395.4 billion (2008 est.) GDP (official exchange rate): $240.7 billion (2008 est.) GDP - real growth rate: 2.5% (2008 est.) GDP - per capita (PPP): $8,800 (2008 est.) P - composition by sector: agriculture: 9% industry: 38.1% services: 52.9% (2008 est.) Labor force: 21.3 million (2008 est.) force - by occupation: agriculture: 22.4% industry: 18.8% services: 58.8% (2005 est.) Unemployment rate: 11.3% (2008 est.) Population below poverty line: 49.2% (2005) e or consumption by percentage share: lowest 10%: 0.8% highest 10%: 45.9% (2006) Distribution of family income - Gini index: 53.8 (2005) Inflation rate (consumer prices): 7% (2008 est.) Investment (gross fixed): 24.3% of GDP (2008 est.) billion expenditures: $82.92 billion; including capital expenditures of $NA (2008 est.) bt: 42.8% of GDP (2008 est.)Central bank discount rate: 11.5% (31 December 2008) Commercial bank prime lending rate: 15.6% (31 December 2008) Stock of money: $21.58 billion (31 December 2008) Stock of quasi money: $26.57 billion (31 December 2008) Stock of domestic credit: $89.69 billion (31 December 2008) Market value of publicly traded shares: $87.03 billion (31 December 2008) acco, corn, sugarcane, cocoa beans, oilseed, vegetables; forest products; shrimp g, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds Industrial production growth rate: 0.8% (2008 est.) Electricity - production: 53.6 billion kWh (2007) Electricity - consumption: 52.8 billion kWh (2007) Electricity - exports: 876.7 million kWh (2007) Electricity - imports: 38.4 million kWh (2007) Oil - production: 588,000 bbl/d (93,500 m3/d) (2008 est.) Oil - consumption: 267,000 bbl/d (42,400 m3/d) (2007 est.) Oil - exports: 294,000 bbl/d (46,700 m3/d) (2008 est.) Oil - imports: 12,480 bbl/d (1,984 m3/d) (2005) Oil - proved reserves: 1,323,000,000 bbl (2.103E+8 m3) (1 January 2008 est.) Natural gas - production: 7.22 billion cu m (2006 est.) Natural gas - consumption: 7.22 billion cu m (2006 est.) Natural gas - exports: 0 cu m (2007 est.) Natural gas - imports: 0 cu m (2007 est.) Natural gas - proved reserves: 122.9 billion cu m (1 January 2008 est.) Current account balance: $-6.761 billion (2008 est.) Exports: $38.55 billion (2008 est.) modities: petroleum, coffee, coal, nickel, emeralds, apparel, bananas, cut flowers Exports - partners: US 32.1%, Venezuela 16.8%, Chile 4.8% (2008) Imports: $37.56 billion (2008 est.) ortation equipment, consumer goods, chemicals, paper products, fuels, electricity S 30.5%, China 8.5%, Mexico 8.5%, Brazil 6.5%, Venezuela 4.3%, Germany 4% (2008) Reserves of foreign exchange and gold: Debt - external: $46.4 billion (31 December 2008) Stock of direct foreign investment - at home: $67.23 billion (31 December 2008 est.) Stock of direct foreign investment - abroad: $13.08 billion (31 December 2008 est.) dollar - 2,243.6 (2008), 2,013.8 (2007), 2,358.6 (2006), 2,320.75 (2005), 2,628.61 (2004) GDP (purchasing power parity): $395.4 billion (2008 est.) GDP (official exchange rate): $240.7 billion (2008 est.) GDP - real growth rate: 2.5% (2008 est.) GDP - per capita (PPP): $8,800 (2008 est.) GDP - composition by sector: agriculture: 9% industry: 38.1% services: 52.9% (2008 es Labor force: 21.3 million (2008 est.) Labor force - by occupation: agriculture: 22.4% industry: 18.8% services: 58.8% (2005 Unemployment rate: 11.3% (2008 est.) Population below poverty line: 49.2% (2005) Household income or consumption by percentage share: lowest 10%: 0.8% highest 1 Distribution of family income - Gini index: 53.8 (2005) Inflation rate (consumer prices): 7% (2008 est.) Investment (gross fixed): 24.3% of GDP (2008 est.) Budget: revenues: $83.22 billion expenditures: $82.92 billion; including capital expen Public debt: 42.8% of GDP (2008 est.)Central bank discount rate: 11.5% (31 Decemb Commercial bank prime lending rate: 15.6% (31 December 2008) Stock of money: $21.58 billion (31 December 2008) Stock of quasi money: $26.57 billion (31 December 2008) Stock of domestic credit: $89.69 billion (31 December 2008) Market value of publicly traded shares: $87.03 billion (31 December 2008) Agriculture - products: coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane Industries: textiles, food processing, oil, clothing and footwear, beverages, chemica Industrial production growth rate: 0.8% (2008 est.) Electricity - production: 53.6 billion kWh (2007) Electricity - consumption: 52.8 billion kWh (2007) Electricity - exports: 876.7 million kWh (2007) Electricity - imports: 38.4 million kWh (2007) Oil - production: 588,000 bbl/d (93,500 m3/d) (2008 est.) Oil - consumption: 267,000 bbl/d (42,400 m3/d) (2007 est.) Oil - exports: 294,000 bbl/d (46,700 m3/d) (2008 est.) Oil - imports: 12,480 bbl/d (1,984 m3/d) (2005) Oil - proved reserves: 1,323,000,000 bbl (2.103E+8 m3) (1 January 2008 est.) Natural gas - production: 7.22 billion cu m (2006 est.) Natural gas - consumption: 7.22 billion cu m (2006 est.) Natural gas - exports: 0 cu m (2007 est.) Natural gas - imports: 0 cu m (2007 est.) Natural gas - proved reserves: 122.9 billion cu m (1 January 2008 est.) Current account balance: $-6.761 billion (2008 est.) Exports: $38.55 billion (2008 est.) Exports - commodities: petroleum, coffee, coal, nickel, emeralds, apparel, bananas Exports - partners: US 32.1%, Venezuela 16.8%, Chile 4.8% (2008) Imports: $37.56 billion (2008 est.) Imports - commodities: industrial equipment, transportation equipment, consumer g Imports - partners: US 30.5%, China 8.5%, Mexico 8.5%, Brazil 6.5%, Venezuela 4.3%, G Reserves of foreign exchange and gold: Debt - external: $46.4 billion (31 December 2008) Stock of direct foreign investment - at home: $67.23 billion (31 December 2008 est.) Stock of direct foreign investment - abroad: $13.08 billion (31 December 2008 est.) Exchange rates: Colombian pesos (COP) per US dollar - 2,243.6 (2008), 2,013.8 (2007 Fiscal year: calendar year ECONOMIC GROWTH:
  28. 28. GDP: U$401.966 billion Manufacturing 14.2% Agriculture 13.5% Financial services 17.2% Commerce 11.4% Transportation/communications services 8.2% Mining and quarrying 4.8% Construction and public works 5.3% Government, personal and other services 19.5% Electricity, gas, and water 3.0%
  29. 29. -4 -2 0 2 4 6 8 10 2004 2005 US Exports US Imports Trade Balance $US Billions  Colombia Ranks #31 trade partner with US.  3rd largest market for US goods in Latin America (after Brazil and Mexico).  American exports to Colombia – industrial machinery, transportation equipment, chemicals, grains, .  Colombian exports to US – hydrocarbon products, gem stones, coffee, cut flowers, clothing, fruits, . TRADE BALANCE [US-COL]:
  30. 30. CIVETS* “the new BRICM”: Colombia, Indonesia, Vietnam, Egypt, Turkey and South-africa *Countries with reasonably sophisticated financial systems, controlled inflation and a soaring young population.
  31. 31. INDUSTRY: •Leather, textiles and clothing (particularly lingerie) •Processed foods and beverages, •Paper and paper products •Chemicals and petrochemicals •Cement, iron/steel products and metalworking > Hotter Regions/Sea Level: Cacao, Sugarcane, Coconuts, Bananas / Plantains, Cassava, Rice, Cotton, Tobacco, Beef Cattle. > Temperate Regions: Corn, Citrus, Pineapples, Tomatoes. > Cooler Regions/Mountains: Potatoes, Dairy Cattle and poultry. AGRICULTURE:
  32. 32. COFFEE
  33. 33. FLOWERS
  34. 34. PETROLEUM
  35. 35. COAL
  36. 36. EMERALDS
  37. 37. GOLD
  38. 38. SOME MULTINATIONAL COMPANIES with presence in COLOMBIA
  39. 39. •Oil & Gas. • Emphasis on exploration and production, offshore. • $3 billion refinery expansion/modernization and Petrochemical Projects. Increase of Ecopetrol investments • Natural gas market development. •Energy • Thermal (33%) to supplement hydro (67%) • Renewables, wind power projects. OPPORTUNITIES for SPRINGFIELD, MO (I):
  40. 40. •Safety and Security • Residential and commercial alarm systems • Biometrics • Transportation and logistics security •Food Processing and Packaging Equipment • Rapidly expanding export market is driving need for state-of-the-art food processing equipment •Telecommunications • Broadband technologies, services and equipment OPPORTUNITIES for SPRINGFIELD, MO (II):
  41. 41. •Healthcare Services and Medical Equipment •Hospital upgrades •Preventative care & early diagnosis •Business and other Services •Legal, real estate, franchising •Processed Foods •Cotton/yarns •Wheat/corn/soy/oilseeds OPPORTUNITIES for SPRINGFIELD, MO (III):
  42. 42. “COLOMBIA ES PASION” STORE
  43. 43. ANDRES VELASQUEZ Business Fellow at the Springfield Area Chamber of Commerce •Nacionality: Colombian •Specialty: Research •Main Feature: 100% Curiosity •Favorite Food: Beans… really spicy  Email: andres.velasquez@yahoo.com

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