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Economy of Boyaca


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ine-height:14.4pt;background:white">Posted CUODE ranking, the highest percentage of imports are capital goods Boyacá, in 2002-2003, 55% of imported goods were in this category, although this percentage declined from the period 1993 - 1998, when it was close to 75%purchases were highlighted industrial machinery and equipment and transportation equipment. Moreover, the raw materials are the second largest sector in 2000-2003 on average accounted for 42% of foreign purchases of the department. Note that in the second half of the nineties, the purchase of these goods were close to 22%.

Finally, the share of imports of consumer goods in total imports by the department, is not representative and has not changed in recent years, is close to 2.3%. When disaggregating imports according to the industrial classification ISIC find products that are basic industry of iron and steel who recorded a higher percentage of total imports department, with about 22.6% of the total on average from 2002 to 2003 .

The next largest import sectors of construction equipment and supplies (11.8%), machinery unclassified (10.1%), motor vehicles (9.9%) and Manufacture of engines and turbines (9 , 4%). These five sectors account for 64% of

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