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Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Growing Sales of Traditional Chinese Medicine Signal Strong Demand for U.S. Ox Gallstones; Hong Kong Emptied Out Over Easter With Record Jaunts to China...
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Hong Kong’s Market for Consumer-Oriented Products Holds Steady at $21 Billion; Quarterly Business Receipts For Service Industries Increases in Q4; Macau’s Migrant Population Grows, Ageing Ratio Climbs; Michelin Announces Seven Bew Big Gourmand Restaurants in Hong Kong and Three in Macau...
In recent years, and particularly in 2024, the Agricultural Trade Office (ATO) has received inquiries from local importers looking for U.S. ox gallstones - signaling an underlying demand for this byproduct in Hong Kong.
Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.
In market year (MY) 2024/2025, Colombia’s corn production is forecast to decrease to 1.5 million metric tons (MMT) influenced by lower domestic corn prices and dissuading farmers from expanding corn cultivation.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: U.S. Agricultural Exports Grow For The First Time Since 2018; Mainland Tourists Do Not Stay Overnight and Spend Less...
In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Getting Ready for Lunar New Year With American Lobster; Join us Asia Fruit Logistica 2024; Hong Kong Economy Rebounds to Expand 3.2 Percent in 2023...
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Encourages Healthier Lifestyle with U.S. Food Ingredients; Hong Kong to Hold 5-month Day & Night Vibes Campaign; New Survey on Hongkongers’ Cross-border Consumption...
Farmland in Hong Kong is limited. In 2022, local agricultural production (livestock and crops) yielded about $173 million worth of fresh food. Hence, Hong Kong relies on imports of fresh produce to feed its 7.3 million residents.
On December 6, 2023, the Ministry of Health of Colombia issued Resolution 2056, by which it amended Colombian Resolution 2013 of 2020 (known as the “sodium rule”). This amendment allows for U.S. exporters to utilize self-declarations to certify compliance with maximum sodium levels in processed products.