Bitumen trade in Colombia - Exporting Bitumen to Colombia

  1. Anbar Asia
  2. Trade with Colombia
  3. Colombia's Petroleum market
  4. Bitumen trade in Colombia
Bitumen
Bitumen, also known as asphalt, is a viscous, black, and sticky material that is primarily used in road construction and waterproofing applications. The discovery of bitumen dates back thousands of years. Penetration grade bitumen is classified based on its penetration depth, which refers to the hardness and consistency of the bitumen at a specific temperature.
Petroleum
In the refinery, various products are obtained from crude oil, and to know how and amount of these products, the crude oil must first be evaluated in the laboratory. Diesel fuel, industrial gas oil, and domestic fuel are also included in this section. Trading petroleum products in West Asia, also known as the Middle East, is a significant aspect of the region's economy due to its abundant oil resources. The existence of appropriate solutions in the field of transfers of petroleum products to neighboring countries and countries requesting these products can meet the needs of the target market in a short time and in addition to providing funds and developing relationships, customer satisfaction.
Bitumen trade in Colombia
Colombia's economy is classified as a middle-income, emerging market economy that has seen steady growth over the past decades. Its key sectors include oil, mining (notably coal and gold), agriculture (with coffee, bananas, and flowers being major exports), manufacturing, and services. Colombia has adopted open-market policies, implementing free trade agreements (FTAs) with numerous countries and regions, including the U. S. , the EU, and countries in Latin America. Colombia's fiscal policy is geared towards encouraging foreign direct investment (FDI), promoting exports, and diversifying its economy beyond dependence on natural resources.

Directory of Bitumen suppliers in Colombia