EstimatedIncreasesinU.S.ExportsinSectors ImportanttoRhodeIsland Misc.Manuf actures 60.1% FabricatedMetalProducts 56.4 PrimaryMetals 44.3 Chemicals 22.6 Machinery 14.9 Computers&Electronics 8.0 Source:U. S.InternationalTradeCommission RHODEISLANDANDCOLOMBIA–AGROWINGPAR TNERSHIP AU.S.-ColombiaTradePro motionAgreement(CTPA)hasthepotentialtoincreaseboth tradeand investmentbetweentheUnitedStatesinColomb ia,improvingonanalrea dystrongrelation ship.In particular,Rhod eIslandstandstogain fromincreasedbusin essties,astheCTPAwillcreatejob sat homethroughincreasedexportmarketaccessforboth goodsandservices,reducedpricesfor manufacturers,andanimprovedinvestmentenvironment. AT$6.9MILLIONIN2010,COLOMBIAISRHODEISLAND’S37 TH LARGESTEXPORTMARKET TotalRhodeIslandExportstoColombia (millionsofdollars) Source:U.S.DepartmentofCommerce Uponimplementa tionofthe CTPA,morethan 71 percento fRhodeIsl and’sexport stoColombia willbe dutyfree. Thistarif feliminationg ivesRhodeI sland exportersacostadvantageofupto$600,000over similarprodu ctsexported bycompetitor swhodonot haveanFTAwithColombia. WhileRhode Islandexpor terstypically facetariff sof 10-15percent,94percentofColombia’sexportstothe UnitedStatesin2010entereddutyfree.CTPAwould levelthe playingfield forRhodeIsla ndexporter s.