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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...
China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports mainly because of the sheer volume China purchases and its effect on prices.
Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.