ANNOUNCEMENT 28 Feb 2014

In February 2014, the government of Colombia announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Mar 2014 | Removal date: 30 Jul 2016
Still in force

Import tariff

On 28 February 2014, Colombia's Ministry of Commerce, Industry and Tourism adopted Decree no. 456 imposing import duties on clothing and shoes:
 
Clothing (HS codes 61, 62, 63)

  • If FOB (free on board) less than or equal to US$ 10 per kg: 10% ad valorem tax + US$5 per kg
  • If FOB higher than US$ 10 per kg: 10% ad valorem tax + US$3 per kg

 
Shoes (HS code 64)

  • If FOB less than or equal to US$ 7 per pair: 10% ad valorem tax + US$ 5 per pair
  • If FOB higher than US$ 7 per pair: 10% ad valorem tax + US$ 1.75per pair

 
Countries, with which Colombia has trade agreements regarding any of the HS codes of concern, are not subject to the tariffs. These countries are USA, Venezuela, Chile, Mexico, Canada, CAN (Ecuador, Peru,Bolivia), Mercosur (Brazil, Paraguay, Uruguay, Argentina), TriánguloNorte de Centroamérica (El Salvador, Guatemala, Honduras), and Efta(Switzerland, Lichtenstein, Iceland, Norway).
 
The duties take effect on 30 March 2014 and last two years. The measure suspends Decree no. 074 of 23 January 2013 (see 'Related Measures'). After two years, Decree no. 4927 of 2011 and its modifications take effect again.

Update

On 30 March 2016, the Ministry of Commerce, Industry and Tourism of Colombia adopted Decree No. 515 extending the deadline of Decree 456 until 30 July 2016.