Browse Data and Analysis

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.

In January 2019, Colombia’s Ministry of Commerce, Industry and Tourism initiated a countervailing duty (CVD) investigation on U.S. ethanol at the behest of the National Biofuels Producers Association.

Retail sector in Colombia continues to thrive because of a robust economy and a growing middle class.