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- (-) July 2022
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During 2021, the Colombian retail sector recovered and grew, following a challenging year caused by the COVID-19 pandemic. Looking ahead, the sector’s growth is uncertain due to high food prices and a new administration that will assume power in August 2022.
Colombian raw sugar production is estimated to be 2.4 million metric tons (MT) in marketing year (MY) 2018/2019, with no changes in MY 2019/20.
Opportunities for U.S. agricultural products abound in Colombia after the implementation of the U.S.- Colombia Trade Promotion Agreement (CTPA).