Browse Data and Analysis

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 2023, ethanol production is forecast to recover to 380 million liters due to better weather conditions. In 2022, ethanol production decreased as adverse weather conditions and high sugar prices led to local producers prioritizing sugar production.