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Colombia’s ethanol consumption in 2024 is projected to increase to 728 million liters, mainly owing to the government’s restored 10 percent ethanol mandate (E10). Heightened ethanol demand is expected to be met through imports, primarily from the United States, despite the countervailing duty on U.S. fuel ethanol.
This report outlines Colombia´s food and beverage market conditions and guides exporters on how to enter the market. In 2023 the United States exported $3.7 billion in agricultural products to Colombia, making it the 6th largest agricultural export market for the United States.
In marketing year (MY) 2017/18, Colombian coffee production fell further than expected to 13.8 million bags (1 bag = 60 kilograms unless otherwise noted) green bean equivalent (GBE).
Colombia remains open to the adoption of biotech-derived commodities and innovative technologies.
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.
SaborUSA is a non-traditional marketing campaign that effectively promotes U.S. food and beverages in Colombia by developing an innovative platform of social media tools, on TV advertisements....
Cacao for Peace (CfP) is a collaborative initiative between the U.S. Agency for International Development (USAID) and the U.S. Department of Agriculture’s Foreign Agricultural Service....
Colombia recently increased their biofuel blend mandate to 10 percent for most of the country.
Even though the Colombian government in 2017 increased the sales tax or value added tax (VAT) from 16 percent to 19 percent, the retail sector continues to thrive because of a robust economy....
In marketing year (MY) 2017/18, Colombian coffee production is estimated to decrease to 14.2 million bags (1 bag = 60 kilograms unless otherwise noted) green bean equivalent....
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.