ount balance:

-$5.862 billion (2007 est.)

Exports:

$30.58 billion f.o.b. (2007 est.)

Exports - commodities:

petroleum, coffee, coal, nickel, emeralds, apparel, bananas, cut
flowers

Exports - partners:

US 35.4%, Venezuela 17.4%, Ecuador 4.3% (2007)

Imports:

$31.17 billion f.o.b. (2007 est.)

Imports - commodities:

industrial equipment, transportation equipment, consumer goods,
chemicals, paper products, fuels, electricity

Imports - partners:

US 26.2%, China 10.1%, Mexico 9.3%, Brazil 7.3%, Venezuela 4.2%
(2007)

Economic aid - recipient:

$511.1 million (2005)

Reserves of foreign exchange and gold:

$20.95 billion (31 December 2007 est.)

Debt - external:

$41.39 billion (30 June 2007)

Stock of direct foreign investment - at home:

$56.19 billion (2007 est.)

Stock of direct foreign investment - abroad:

$10.38 billion (2007 est.)

Market value of publicly traded shares:

$56.2 billion (2006)

Currency (code):

Colombian peso (COP)

Currency code:

COP

Exchange rates:

Colombian pesos (COP) per US dollar - 2,013.8 (2007), 2,358.6
(2006), 2,320.75 (2005), 2,628.61 (2004), 2,877.65 (2003)

Communications
Colombia

Telephones - main lines in use:

7.936 million (2007)

Telephones - mobile cellular:

33.941 million (2007)

Telephone system:

general assessment: modern system in many respects;
telecommunications sector liberalized during the 1990s; multiple
providers of both fixed-line and mobile-cellular services;
fixed-line connections stand at about 18 per 100 persons; mobile
cellular usage is about 75 per 100 persons; competition among
cellular service providers is resulting in falling local and
international calling rates and contributing to the steep decline in
the market share of fixed line services
domestic: nationwide microwave radio relay system; domestic
satellite system with 41 earth stations; fiber-optic network linking
50 cities
international: country code - 57; submarine cables provide links to
the US, parts of the Caribbean, and Central and South America;
satellite earth stations - 10 (6 Intelsat, 1 Inmarsat, 3 fully
digitalized international switching centers) (2007)

Radio broadcast stations:

AM 454, FM 34, shortwave 27 (1999)

Radios:

21 million (1997)

Television broadcast stations:

60 (1997)

Televisions:

4.59 million (1997)

Internet country code:

.co

In