Dynamics of Colombian cosmetic and toilet products in the Pacific Alliance
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https://orcid.org/0000-0003-0864-3740
Abstract
This study addresses the dynamics of trade in cosmetics and personal care products between Colombia and the countries of Chile, Mexico and Peru, with which it forms part of the Pacific Alliance (PA), in order to take a look at the projection of intra-regional productive articulation in this sector. These products are located in tariff headings 3303; 3304; 3305; 3306 and 3307 of the harmonized system. The intra-regional trade indexes of exports ICI-EXP, and imports ICI-IMP; and Grubel Lloyd index of intra-industry trade (IGLL) are used, for the five product groups, between the years 2017 - 2021. Among the main findings, it is evident that the intra-regional trade of Colombia's ICE-EXP exports with the PA is located between 0.41 and 0.65, i.e. the PA markets are among the main destinations of Colombian exports for the five products. In the case of imports, the ICE-IMP oscillates between 0.10 and 0.60, these figures reveal that not all imported products in this sector come mainly from the PA. The IGLL index reflects Colombia's intra-industry trade with the PA for some products, especially with Mexico.
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