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In 2021, despite advantages offered through the United States-Colombia Trade Promotion Agreement (TPA), U.S. rice exports to Colombia have declined to just $5 million through July. The significantly lower exports to this market are a result of a larger Colombian crop and lower domestic prices, plus increased competition from South American exporters.
Line graph showing the growth of U.S. agricultural exports and imports in the context of international free trade agreements.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.