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- (-) March 2024
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Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.
In market year (MY) 2024/2025, Colombia’s corn production is forecast to decrease to 1.5 million metric tons (MMT) influenced by lower domestic corn prices and dissuading farmers from expanding corn cultivation.
In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.
Starting July 13, 2023, a third-party certification issued by accredited certifying bodies will be mandatory to certify maximum sodium levels in processed products listed in Colombian Resolution 2013 of 2020.
Colombia is the main market for U.S. consumer-oriented products in South America. In 2022, U.S. consumer-oriented exports to Colombia reached a record $877 million.