Beruflich Dokumente
Kultur Dokumente
Source:
U.S.
Department
of
Commerce
Upon implementation of the CTPA, more than 63 percent of Oklahomas exports to Colombia will be duty free. This tariff elimination gives Oklahoma exporters a cost advantage of up to $5.5 million over similar products exported by competitors who do not have an F TA with C olombia. While Oklahoma exporters typically face tariffs of 10- 15 percent, 94 percent of Colombias exports to the United States in 2010 entered duty free. C TPA would level the playing field for Oklahoma exporters.
Estimated Increases in U.S. Exports in Sectors Important to Oklahoma Fabricated Metal Products Processed F oods Plastics & Rubber Products Transportation Equipment Machinery Wheat & Wheat Products 56.4% 36.2 22.6 16.1 14.9 11.2
Value
of
Exports
Potential
Product
to
Colombia
(2010)
Duty
Savings
Static
converters
$9,704,040
$1,455,606
Cotton
5,306,440
530,644
Parts
for
liquid
pumps
4,105,386
up
to
410,539
Electric
motor
parts
3,742,145
374,215
Wheat
2,981,199
up
to
387,556
2,854,426
285,443
Boring
machinery
parts
2,851,340
285,134
Electric
motors
Instruments
for
measuring
pressure
2,105,911
315,887
Transmission
shafts
1,394,784
up
to
209,218
Bulldozers
&
angledozers
1,164,800
116,480
COMPANIES
WHOSE
EXPORTS
BECOME
DUTY
FREE
IMMEDIATELY
UPON
IMPLEMENTATION
OF
CTPA
Vanport
Inc.,
Tulsa,
exports
Centrilift,
Claremore,
exports
Solae
LLC,
Pryor,
exports
soy
vacuum
lifts
to
Colombia
that
oilfield
supplies
to
Colombia
proteins
to
Colombia
that
face
face
tariffs
of
15
p ercent.
that
face
tariffs
of
10
p ercent.
tariffs
of
20
p ercent.
Zeeco
Inc.,
Broken
Arrow,
exports
air
systems
to
Colombia
that
face
tariffs
of
15
p ercent.
Wood
Group,
Oklahoma
City,
exports
pump
parts
to
Colombia
that
face
tariffs
of
5-10
p ercent.
Southwest
Tractor
&
Parts,
Atoka,
Array
Products,
Muskogee,
exports
exports
bulldozers
to
Colombia
that
oilfield
supplies
to
Colombia
that
face
tariffs
of
10
p ercent.
face
tariffs
of
10
p ercent.
Contact:
David
Thomas,
Director,
Public
Policy,
Business
Roundtable
202.496.3262,
dthomas@brt.org