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In 2024, U.S. agricultural exports to Colombia reached a record high of $4.5 billion, a 21 percent increase from 2023. This growth, supported by the U.S.-Colombia Trade Promotion Agreement, represented the highest rate among the top 25 U.S. agricultural export markets globally.
According to Australian law, the excise duty rates levied on alcohol are subject to biannual indexation, with adjustments made in accordance with the upward trajectory of the Consumer Price Index (CPI).
Australian wheat and barley producers faced challenges during difficult seasonal conditions in most major production regions.
On January 18, 2025, Colombia's National Institute for the Surveillance of Food and Medicines (INVIMA) confirmed that cellulose is approved by the Colombian government as a cheese additive for use as an anti-caking agent in grated and/or granulated fresh cheese for surface treatment.
Early seasonal conditions for the MY 2024/25 citrus crop have been very favorable. Along with expansion in production area, growers anticipate an improvement in production and the prospect of high-quality fruit production. Orange production is expected to increase five percent to 545,000 metric tons (MT) from the prior’s year estimate, the highest over the last two decades.
SaborUSA Colombia, FAS Bogota's flagship marketing campaign, partnered with the U.S. Popcorn Board (PB) to promote American popcorn through a social media contest.
Food service sales in Colombia grew in 2023, increasing by seven percent to $14 billion. Growth is likely to slow in 2024 due to economic stagnation and reductions in non-essential household expenditures, especially due to high food inflation...
This report is an annual update of the food import standards and enforcement mechanisms in Colombia. It includes updates on labeling, biotechnology, and Colombia's nutrition and trade facilitation policies. For assistance on trade policy and port...
On October 23, 2024, the Colombian Agricultural Institute (ICA) issued a resolution establishing a 3 percent threshold allowance for unapproved genetically engineered (GE) seed events, and a 5 percent threshold for animal feed. These thresholds will...
In 2023, Australia's foodservice industry was worth A$59 billion (US$39.1 billion). However, rising inflation and the overall cost of living have hindered its growth in 2023 and 2024.
FAS Bogota estimates marketing year (MY) 2024/2025 Colombian coffee production at 12.9 million bags green bean equivalent (GBE), 1.1 percent higher from the previous year revised figure, reflecting continued recovery from favorable weather conditions and producers adopting improved agronomic practices to mitigate climate change shocks.
Milk production for 2025 in Australia is forecast to increase by 1.1 percent to 8.8 million metric tons (MMT) after strong growth of 2.7 percent for 2024 at an estimated 8.7 MMT from previous years of declining production.