Auto Aftermarket Trade Mission to Colombia + Webinar to Learn More



The Auto Care Association and the International Trade Administration are excited to announce a trade mission to Colombia, June 7-8, 2017, as part of the Market Development Cooperator Program (MDCP) award the association received from the U.S. Department of Commerce to support export promotion projects in Latin America.

Be a part of the Auto Care Association trade mission to Colombia and enjoy private, one-on-one meetings with prospective customers and partners. This is a cost-effective opportunity to gain first-hand market information, save time and maximize your results!

Trade mission participants will have the opportunity to visit  EXPOPARTES, the largest Colombian automotive parts fair organized by  Asopartes, a Colombian trade association representing auto parts importers and distributors. More than 280 local and international exhibitors have presence in this show that anticipates over 25,000 visitors for 2017.

An offset of the trade mission package is available for a limited number of companies!

Companies do not have to be a member of the Auto Care Association to apply.

Space is limited.    Register Here!

Why Colombia?

  • The United States is Colombia’s largest trading partner and Colombia was the 20th largest market for U.S. exports in 2015. U.S. exports to Colombia in 2015 were valued at US $16 billion.
  • With approximately 48 million inhabitants, Colombia is the fourth largest economy in Latin America.
  • Under the U.S.-Colombia Free Trade Agreement that entered into effect in 2012, most auto parts (which were previously assessed a tariff of 13 percent on average) currently enter the market tariff-free. Tariffs on other parts will be reduced to zero over the next two to six years.  

Benefits of Participating

Trade missions are business development opportunities supported by the U.S. Embassy to explore the Colombian market. 

The trade mission package includes the following benefits:

  • Personalized business-to-business meetings through the U.S. Commercial Service, targeted to meet your specific goals and objectives.
  • Admission to the  EXPOPARTES show, June 7-9, 2017.
  • U.S Embassy country briefing.
  • Hotel accommodations and local ground transportation.
  • On-site interpreters.
  • Meals.
  • Site visit to local distributor or manufacturer.
  • Admission to all mission events.
  • Pre-mission webinar.
  • Conference call with U.S. Embassy specialist to review specific goals/objectives.

*See Costs section below for additional details.

Read  testimonials from our 2016 trade mission participants!

Tentative Itinerary

Tuesday, June 6:  
     Delegation arrives in Bogota, Colombia  

Wednesday, June 7:  
     U.S. Embassy country briefing  
     One-on-one meetings at EXPOPARTES Trade Show  
     Explore EXPOPARTES Trade Show  

Thursday, June 8:  
    Site visit to local distributor or manufacturer  
    One-on-one meetings at EXPOPARTES Trade Show

Friday, June 9:  
    Delegation departs to the U.S.

Costs

Auto Care Association Members

$ 3,500

Non-Members

$ 4,000

Each Additional Participant Members

$ 1,000

Each Additional Participant Non-Members

$ 1,200
Qualifying companies will receive a $1,500 offset of the trade mission package!

Additional state funds are available for qualifying participating companies through the State Trade Expansion Program (“STEP”). For more information visit: https://www.sba.gov/managing-business/exporting/step

Trade mission package includes: B2B meetings through U.S. Commercial Service’s Gold Key Matchmaking Service; admission to trade mission events: country briefing, lunch on June 7 and 8, site visit, dinner on June 7 and 8; hotel accommodations (including breakfast and Wi-Fi); transportation to/from the airport; local ground transportation to mission-related events; interpretation services during B2B meetings; pre-mission webinar; conference call with embassy specialists to review specific goals/objectives. Not included: expenses for airfare, non-specified meals and incidentals.

Deadline

The deadline to register is April 7, 2017.

We will review your application and obtain preliminary feedback from the U.S. commercial specialists in Colombia. You will be notified within one to two weeks of applying regarding the potential for your product and qualification to participate in the mission. 

Register Here!

Reporting Requirements

Participants receiving an offset agree to submit confidential quarterly reports for one year to discuss your export results based on your participation in the trade mission. Information collected may include:

  • Approximate dollar value and number of sales, types of goods/services sold;
  • Confirmation of export-related contracts formed; and
  • Any other examples of your success in Colombia.

Determining Eligibility

Participants receiving an offset under the MDCP award can only market products that are 51 percent U.S.-content.

  • If not of U.S. origin, the participant must self-certify that their goods/services contain at least 51 percent U.S. content based on invoice value. The inputs in this value determination include not only the foreign produced components, but also the design, engineering, packaging, assembly, etc. that factor into the final invoice value.
  • U.S. content for manufactured goods = (ex-factory price of a good) minus (aggregate value contributed by non-U.S. or foreign sources [e.g., costs or payments to foreign suppliers/providers/employees not resident in the United States]).
  • The "ex-factory price of a good" and "contract value of the service" should reflect the actual price paid or payable for the goods or services. No additions to ex-factory price or contract value based on costs or other expenses are therefore appropriate.

Cancellation Policy

By submitting your application, you are confirming your attendance as a trade mission participant. Should you need to modify or cancel your registration, please send requests in writing to  carolina.arregoces@autocare.org.  
Full refunds will be processed for cancellations received six weeks before the trade mission start date. Cancellations received after six weeks will receive a 50 percent refund. No refunds will be processed for cancellations received five weeks before the trade mission. 

Space is limited. Register Here!