Colombia: Colombia’s Appetite for U.S. Corn Remains Strong

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Buenos Aires   |   (011-54-11) 5777-4627

U.S. corn exports to Colombia have dominated the market against Southern Common Market (MERCOSUR) competitors. U.S. corn exports slightly exceeded 2.4 million metric tons (MMT) through June 2014, closing the 2.3 MMT quota for the calendar year under the U.S.-Colombia Trade Promotion Agreement (CTPA). U.S. corn is on track to capture approximately 95% of the 3.6 MMT corn import market in Colombia, notwithstanding out-of-quota duties at 18.75%. Progressively higher duties on MERCOSUR corn under the Price Band System (PBS) of the Andean Community of Nations (CAN) continue to work in favor of sourcing U.S. corn.

Colombia: Colombia’s Appetite for U.S. Corn Remains Strong

Exporting
Western Hemisphere, Colombia
Grains, Feeds and Fodders, Corn

Database Source:

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