Colombia

In fiscal year 2014, U.S. food and agricultural exports to Colombia totaled a record $2.3 billion — up 60 percent from 2013 and up 169 percent from 2012, the year the U.S.-Colombia Trade Promotion Agreement entered into force. Colombia currently ranks 10th among U.S. customers, with top products including corn, wheat, soybean meal, pork, and prepared foods.

The United States' trade agreement with Colombia took effect May 15, 2012, immediately eliminating tariffs for dozens of agricultural commodities. When the agreement is fully implemented, USDA estimates that it will boost U.S. agricultural sales by an additional $370 million annually, generating an additional $500 million in U.S. economic activity.

Data & Analysis

November 19, 2014
Colombian coffee production in marketing year (MY) 2014/15 is expected to increase to 12.3 million bags, slightly above Post’s estimate of 11.9 million bags in May 2014.