Browse Data and Analysis
Filter
Search Data and Analysis
- 6 results found
- (-) Wine, Beer and Spirits
- (-) Barbados
- (-) Colombia
- Clear all
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.
In 2018, total Colombian food and agricultural imports were valued at $6.5 billion.
Colombian Gross Domestic Product (GDP) grew at 2.7 percent in 2018, higher than other Latin American economies.
U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
Over the last two years, U.S. exports of wine increased by 152 percent to almost $4.5 million in 2013 and U.S. exports of whisky increased by 83% percent to over $683,000 in 2013.
FAS Colombia is writing a series of reports on the opportunities and challenges for U.S. agriculture under the U.S.-Colombia Trade Promotion Agreement (CTPA), which went into force in May 2012.