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Contact Us

Our primary offices are located at Duquesne University in Pittsburgh, PA.

Duquesne University

Small Business Development Center

108 Rockwell Hall

600 Forbes Ave

Pittsburgh, PA 15282-0103

 

For Inquiries:

duqsbdc@duq.edu

 

Brent Rondon

Manager, Global Business Program

(412) 396-5670

rondon@duq.edu

 

Megan Thompson

Research Assistant, Global Business Program

(412) 396-1635

thomps35@duq.edu

Geography

Location:

Northern South America, bordering the Caribbean Sea, between Panama and Venezuela, and bordering the North Pacific Ocean, between Ecuador and Panama

Area:

Total – 1,138,910 sq km

Comparison to the world – 26

Land – 1,038,700 sq km

Water – 100,210 sq kmLand

Boundaries:

                   Total – 6,672 km

Border countries – Brazil 1,790 km, Ecuador 708 km, Panama 339 km, Peru 1,494 km, Venezuela 2,341 km

Climate:

                   Tropical along coast and eastern plains; cooler in highlands

Natural Resources:

Petroleum, natural gas, coal, iron ore, nickel, gold, copper, emeralds, hydropower

Natural Hazards:

Highlands subject to volcanic eruptions; occasional earthquakes; periodic droughts

 

Population and Society

 

Size: 46,245,297 (July 2014 est.)

Comparison to World: 30

Major urban areas:

          BOGOTA (capital) – 8.743 million

 Medellin – 3.694 million

Cali – 2.453 million

Barranquilla –1.9 million

Bucaramanga – 1.12 million

Cartagena – 988,000 (2011)

Ethnic Groups:

          Mestizo 58%

White 20%

Mulatto 14%

Black 4%

Mixed black-Amerindian 3%

Amerindian 1%

Languages:

          Spanish (official)

Literacy:

          Age 15 and over can read and write

          Total population – 93.6%

Unemployment (youth ages 15-24):

          Total – 21.9%

          Comparison to the world – 53

 

Government

 

Capital:

          Bogota

Time difference:

          Same time as Washington, DC, during Standard Time

Independence Day:

          July 20, 1810 (from Spain)

Legal System:

Civil law system influenced by the Spanish and French civil codes

Executive Branch:

          President – Juan Manuel Santos Calderon (since August 7, 2010)

          Vice President – Angelino Garzon

Cabinet – Appointed by the president

Elections:

Senate – last held on March 9, 2014 (next to be held in March 2018)

Chamber of Representatives – last held on March 9, 2014 (next to be held in March 2018)

 

Economy

 

GDP (Purchasing Power Parity): $526.5 billion (2013 est.)

Comparison to the World: 29

GDP growth rate:

4.2 % (2013 est.)

GDP (goods and services):

Exports – 17.3%

Imports – -19.3% (2013 est.)

GDP composition by sector of origin:

          Agriculture – 6.6%

          Industry – 37.8%

          Services – 55.6% (2013 est.)

Agricultural Products:

Coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; shrimp; forest products

Industries:

Textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds

Industrial Production Growth Rate:

2.5% (2013 est.)

Unemployment Rate:

          9.7% (2013 est.)

Budget:

Revenues – $107.4 billion

Expenditures – $106 billion (2013 est.)

Exports:

          Revenue – $58.7 billion (2013 est.)

Commodities – Petroleum, coal, emeralds, coffee, nickel, cut flowers, bananas, apparel

 

Partners – US 36.6%, China 5.5%, Spain 4.8%, Panama 4.7%, Venezuela 4.4%, Netherlands 4.1% (2012)

Imports:

Revenue – $53.5 billion (2013 est.)

Commodities – Industrial equipment, transportation equipment, consumer goods, chemicals, paper products, fuels, electricity

Partners – US 24.2%, China 16.3%, Mexico 10.9%, Brazil 4.8% (2012)

 

Energy

 

Electricity:

          Production – 61.82 billion kWh (2011 est.)

          Consumption – 45.35 billion kWh (2010 est.)

          Exports – 1.294 billion kWh (2011 est.)

          Imports – 8.22 billion kWh (2011 est.)

Crude Oil:

          Production – 969,100 bbl/day (2012 est.)

   Comparison to the world: 23

Exports – 777,900 bbl/day (2009 est.)

   Comparison to the world: 18

          Imports – 10 bbl/day (2011 est.)

                                Comparison to the world: 81

Proved reserves – 2.2 billion bbl (January 1, 2013 est.)

   Comparison to the world: 18

Refined Petroleum Products:

          Production – 313,100 bbl/day (2010 est.)

    Comparison to the world: 40

          Exports – 92,410 bbl/day (2010 est.)

        Comparison to the world: 45

Imports – 49,790 bbl/day (2010 est.)

        Comparison to the world: 70

Natural Gas:

          Production – 10.95 billion cu m (2011 est.)

   Comparison to the world: 40

Exports – 2.11 billion cu m (2011 est.)

   Comparison to the world: 43

          Imports – 40,290 cu m (2011 est.)

   Comparison to the world: 76

          Proved Reserves – 169.9 billion cu m (January 1, 2013 est.)

                                Comparison to the world: 48

 

Transportation

 

Airports – 836 (2013)

          Comparison to the world: 8

          With paved runways: 121

          With unpaved runways: 715

Heliports – 3 (2013)

Pipelines –

Gas: 4,991 km

Oil: 6,796 km

Refined products: 3,429 km (2013)

Railways –

          Total: 874 km

          Comparison to the World: 95

Roadways –

          Total: 141,374 km

          Comparison to the world: 34

Waterways –

24,725 km (18,300 km navigable; the most important waterway, the River Magdalena, of which 1,488 km is navigable, is dredged regularly to ensure the safe passage of cargo vessels and container barges) (2012)

Ports and Terminals –

Major seaport(s): Atlantic Ocean (Caribbean) - Cartagena, Santa Marta, Turbo; Pacific Ocean – Buenaventura

River port(s): Barranquilla (Rio Magdalena)

Oil/gas terminal(s): Covenas offshore terminal    

Dry bulk cargo port(s): Puerto Bolivar (coal)

Container port(s) (TEUs): Cartagena (1, 853,342)