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Colombian Gross Domestic Product (GDP) grew at 1.8 percent in 2017, slower than previous year growth rates, but still higher than other Latin American economies.
The United States continues to be the main sourcing option for Colombian importers of corn and rice.
As of August 15, 2014 the Colombian National Office of Taxes and Customs (DIAN) information on the 2014 TRQ fill rates demonstrated a positive trade trend.
U.S. corn exports to Colombia have dominated the market against Southern Common Market (MERCOSUR) competitors.
Recently reelected Colombian President Juan Manuel Santos appointed Aurelio Iragorri as the new Minister of Agriculture and Rural Development.