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In October 2023, the U.S. Department of Agriculture’s Plant and Animal Health Inspection Service and the Colombian Institute for Agriculture agreed on import requirements for U.S. bovine meat and bone meal (MBM) to Colombia. Colombia’s steady economy growth, increasing production of proteins, and growing demand for high quality pet food are creating new opportunities to increase exports of MBM products to the country.
In 2021, despite advantages offered through the United States-Colombia Trade Promotion Agreement (TPA), U.S. rice exports to Colombia have declined to just $5 million through July. The significantly lower exports to this market are a result of a larger Colombian crop and lower domestic prices, plus increased competition from South American exporters.
Latin America accounts for about 25 percent of global corn imports . The region’s corn demand for imported corn has grown steadily over the years supported by expansion in the livestock sector...
Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.
The United States continues to be the main sourcing option for Colombian importers of corn and rice.
Line graph showing the growth of U.S. agricultural exports and imports in the context of international free trade agreements.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
Opportunities for U.S. agricultural products abound in Colombia after implementation of the U.S.-Colombia Trade Promotion Agreement (CTPA).
The United States is the main sourcing option for Colombian importers of corn and rice.
Line graphic illustrating the effects of the U.S. - Colombia free trade agreement which went into effect in 2012.
Infographic showing U.S. agricultural exports to Colombia in 2016. Total U.S. agricultural exports reached $2.4 billion.
Line graph showing the growth of U.S. agricultural exports and imports in the context of international free trade agreements.