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The value of Panama’s food processing ingredients market is valued at $110 million annually with U.S. products holding 60 percent of the market share.
With implementation of the CAFTA-DR agreement, U.S. agricultural exports to the region have surged and continued growth is expected.
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.
This report analyzes the demand for pet food for dogs and cats in Colombia and the county’s use of the pet food tariff rate quota (TRQ), which will increase by 4% per year and be phased-out by 2019.