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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.
Chile remains the largest South American consumer-oriented market for U.S. exporters. Increasing wealth, lower barriers to entry, and the modern Chilean economy present opportunities for increased agricultural trade as COVID-19 restrictions and social-political tensions ease.
The U.S. Census Bureau's export data tracks U.S. food and agricultural trade shipped directly to Romania. However, it does not measure the substantial levels of the U.S. agricultural trade to Romania routed through Western European ports of entry.
On January, 6 the Central Bank of Argentina announced financing restrictions on importers of luxury goods, including but not limited to, champagne, whisky, liqueurs and other spirits...
Romania and its 20 million consumers offer increasingly viable market opportunities for U.S. food and agricultural products.
The European Commission has published in the EU Official Journal updated legislation amending the EU Regulation on Spirits.
On March 12, 2018, the EU alcoholic beverages industry presented a “joint’ self-regulatory proposal on nutrition labeling and ingredients listing to the European Commission.
Favorable climatic conditions in 2017 led to a 40-percent surge in Romanian grape production.
On March 13, 2017, the European Commission presented its long awaited report examining whether mandatory nutrition labeling requirements should be extended to alcoholic beverages....
Over the last three years, Romania has seen strong positive growth, with encouraging developments in the economic and policy areas, becoming one of the most attractive markets in Southeastern Europe.
The EU remains the world's largest wine producer despite lower production levels in 2016 compared to 2015. U.S. exporters should be aware that specific wine labeling rules...
The restrictive marketing measures that Ireland wants to introduce for all alcohol products could impact U.S. exports to the EU.