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In 2016, U.S. rice exports to Colombia are 66.1 percent lower than the previous year. This is due to a strong U.S. dollar, larger Colombian domestic production, and increased competition...
In fiscal year (FY) 2016 (October to September) total Colombian food and agricultural imports were valued at $5.5 billion.
Hotel occupancy rates remain stable at 53.6 percent in 2015, with a number of new hotel chains expanding operations in Colombia.
Chile’s level of economic growth and openness to the world has created a dynamic retail industry.
Avocados are the third most planted fruit crop in Chile. There is a strong domestic demand for Chilean avocados, as nearly 50% of its production is consumed locally.
Agricultural biotechnology policy has not been a priority of Chile’s current administration. FAS/Santiago expects Chile’s agricultural biotechnology policies to remain unchanged.
Colombia continues to expand its biotechnology frontier. The adoption rate for biotech corn has surpassed that of cotton and the development of a regulatory framework is underway.