Abstract

TORRES, Jaime. Colombia: Commercial Integration and Trade Imbalances in the Pacific Basin. Prob. Des [online]. 2013, vol.44, n.174, pp.139-165. ISSN 0301-7036.

International commerce between Colombia and the Pacific Basin is clearly detrimental to the former, producing weak conditions for production and exports. This relationship pattern is of inter-industrial trade, whereby Colombia exports raw materials and imports capital goods and manufactured items, repeating the scheme developed in the past with other industrialized countries. This article analyzes the behavior of the commercial balance in Colombia, the manufacturing export and import indices, job creation, competitive limits for the nation and a return to producing primary commodities.

Keywords : Colombia; Asia-Pacific; Producing Primary Commodities; Industrial Policy; Inter-Industrial Commerce.