ANNOUNCEMENT 11 Aug 2017

The Colombian Government replaced the list of raw materials and capital goods not produced locally exempted of import tariffs leading to import tariff changes.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Ministry of Industry and Tourism. Ministerio de Industria y Turismo. Decreto 1343 de 11 de agosto de 2017. Available at: http://es.presidencia.gov.co/normativa/normativa/DECRETO%201343%20DEL%2011%20DE%20AGOSTO%20DE%202017.pdf

Ministry of Industry and Tourism. Ministerio de Industria y Turismo. Decreto 420 de 2017. Available at: http://es.presidencia.gov.co/normativa/normativa/DECRETO%20420%20DEL%2013%20DE%20MARZO%20DE%202017.pdf

Inception date: 16 Aug 2017 | Removal date: open ended
Still in force

Import tariff

On August 11, 2017, the Ministry of Industry and Tourism of Colombia adopted Decree 1343/2017 substituting the list of raw materials and capital goods not locally produced exempted of import tariffs. As a consequence, the import duties on 63 ten-digits tariff lines have been decreased.

The new import tariffs have been set at 0% while according to the WTO import tariff database, previously applicable values ranged between 5% and 10% depending on the product.

The duties decision only applies to raw materials and capital goods not produced in the country. In this sense, the Government will examine periodically if any of the affected tariff lines start to be produced in the country.

This state act is enclosed within the Program to stimulate production and employment (i.e. PIPE by its Spanish Acronym). 

 
List of raw materials and capital goods not produced locally exempted of import tariffs
On August 15, 2013, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1755/2013 establishing a list of raw materials and capital goods not produced locally exempted temporarily of import tariffs. The tariff lines included in the list enjoy a 0% import duty for a two-year period starting on August 15, 2013.

However, on August 14, 2015, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1625/2015 launching again a similar list with products enjoying a 0% import duty for a two-year period starting on August 16, 2015. 

Since then, the list has been updated on several occasions (please, see related state acts). 

AFFECTED PRODUCTS

 
030341 250610 250700 250810 251110 251200 251512 251990 252010 252321 252329 252610 252800 253020 260200 261510 261800 270300 270750 271012 271019 271210 271220 271290 280540 280920 281122 281129 281310 281511 281512 281520 281700 281820 281830 282300 282410 282580 282739 282810 282911 283010 283110 283210 283321 283329 283525 283531 283539 283630 283699 283711 284019 284020 284130 284700 290110 290241 290312 290321 290339 290420 290511 290512 290514 290516 290519 290522 290532 290542 290711 290719 290949 291020 291219 291229 291411 291412 291429 291450 291512 291521 291532 291539 291540 291550 291560 291570 291590 291611 291612 291614 291615 291619 291631 291639 291714 291739 291811 291812 291816 291829 291899 291990 292090 292119 292129 292149 292211 292213 292229 292241 292242 292249 292250 292390 292429 292690 292800 292910 293040 293090 293219 293220 293299 293319 293359 293371 293399 293410 293499 293621 293622 293627 293629 293721 293722 293723 293729 293890 293911 293919 293999 294000 294110 294130 294140 300210 300220 300230 300290 310100 310390 310510 320110 320290 320300 320413 320419 320420 320611 320649 320710 320720 320740 321000 321210 321290 321410 321511 321590 330210 330290 340319 340391 340490 350710 360100 360200 360300 360410 370110 370130 370320 380850 380891 380892 380893 380894 380899 380993 381010 381400 381519 381590 381600 381700 381900 382200 382313 382370 390120 390130 390190 390220 390290 390410 390422 390490 390530 390591 390599 390690 390710 390720 390730 390810 390890 390950 391110 391190 391220 391239 391290 391390 391690 391723 391732 391739 391890 392020 392530 392690 400220 400249 400260 400270 400291 400299 400591 400599 400700 400821 400921 400941 400942 401011 401012 401031 401032 401039 401130 401140 401150 401162 401192 401290 401320 440690 440710 441840 441879 470311 470321 470610 470710 470720 480256 480257 480441 480591 480593 480640 480700 481099 481151 481159 481160 481190 511211 520821 540211 540244 540248 540743 550320 550390 550922 551011 551211 551513 560312 560600 580136 581010 590700 591132 591190 600110 600522 630532 630533 680293 680421 680690 680710 681019 690220 690320 690912 700232 700319 700320 700510 700521 700910 701020 701090 701690 701810 701820 720293 720299 720711 720720 720810 720826 720827 720837 720838 720839 720851 720852 720853 720926 720927 721119 721510 721632 721633 721650 721922 721923 721933 722020 722220 722240 722490 722511 722530 722540 722550 722592 722599 722790 722830 722990 730110 730210 730230 730300 730419 730423 730424 730431 730439 730511 730512 730539 730630 730640 730719 730723 730729 730791 730793 730830 730890 731029 731100 731210 731414 731512 731581 731814 731815 731819 732020 732591 740811 740819 740911 740921 741110 760120 760410 760429 760511 760521 760529 760611 760612 760691 760692 760719 761290 761300 761699 780110 780191 820160 820210 820240 820320 820411 820412 820420 820540 820551 820559 820590 820600 820713 820719 820750 820890 820900 821420 830140 830160 830210 830220 830230 830249 830260 830300 830400 830810 830910 831120 831190 840999 841311 841330 841340 841350 841360 841370 841381 841382 841391 841392 841410 841430 841480 841510 841869 841891 841899 841920 841939 841960 841989 841990 842010 842119 842122 842129 842139 842199 842230 842240 842310 842330 842381 842382 842410 842420 842481 842490 842511 842542 842611 842619 842641 842691 842699 842710 842720 842790 842810 842820 842840 842860 842890 842911 842920 842930 842952 842959 843031 843041 843061 843069 843110 843120 843131 843143 843149 843351 843359 843360 843390 843621 843680 843699 843780 843790 843810 843820 843880 843920 843999 844010 844130 844140 844180 844311 844313 844316 844319 844331 844332 844339 844391 844399 844630 844712 844720 844790 844851 845090 845140 845180 845221 845229 845290 845530 845690 846090 846490 846510 846591 846599 846693 846694 846711 846719 846721 846722 846729 846781 846789 847010 847420 847431 847432 847439 847480 847529 847590 847621 847681 847730 847740 847759 847780 847920 847950 847960 847981 847989 847990 848071 848180 848190 848210 848220 848250 848280 848299 848310 848320 848330 848340 848350 848360 848390 848420 848490 850152 850164 850211 850212 850213 850220 850239 850300 850720 850750 850760 850780 850790 851110 851130 851140 851150 851190 851210 851420 851511 851539 851590 851711 851761 851762 851769 851770 851810 851821 851822 851829 851830 851840 851850 851890 852359 852550 852560 852580 852691 852910 852990 853010 853110 853120 853190 853329 853529 853540 853590 853610 853620 853630 853641 853649 853650 853670 853690 853710 853910 854140 854232 854330 854370 854390 854419 854420 854442 854511 854720 854790 870410 870590 870829 870830 870840 870850 870880 870894 870899 870919 871492 871494 871495 871496 880320 880330 890120 890200 890400 890690 890790 900311 900319 900792 901180 901310 901320 901390 901540 901580 901590 901720 901780 901812 901813 901814 901831 901849 901850 901890 902000 902212 902213 902219 902229 902290 902300 902519 902580 902590 902610 902680 902690 902710 902720 902730 902750 902780 902790 902810 902820 902830 902890 902910 902920 903010 903033 903040 903089 903090 903110 903120 903149 903180 903190 903289 903290 903300 961210 961900
(+ 742 more)
Inception date: 16 Aug 2017 | Removal date: open ended
Still in force

Import tariff

The new list of raw materials and capital goods not locally produced exempted of import tariffs that have been adopted by Decree 1343/2017 of the Ministry of Industry and Tourism of Colombia on August 11, 2017, also has led to the increase of the import tariff set on 170 ten-digits tariff lines.

According to the information of the WTO import tariff database, the new import tariffs have increased from 0% to values ranging between 2% and 25% depending on the product.

The duties decision only applies to raw materials and capital goods not produced in the country. In this sense, the Government will examine periodically if any of the affected tariff lines start to be produced in the country.

This state act is enclosed within the Program to stimulate production and employment (i.e. PIPE by its Spanish Acronym). 

 
List of raw materials and capital goods not produced locally exempted of import tariffs
On August 15, 2013, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1755/2013 establishing a list of raw materials and capital goods not produced locally exempted temporarily of import tariffs. The tariff lines included in the list enjoy a 0% import duty for a two-year period starting on August 15, 2013.

However, on August 14, 2015, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1625/2015 launching again a similar list with products enjoying a 0% import duty for a two-year period starting on August 16, 2015. 

Since then, the list has been updated on several occasions (please, see related state acts).