Browse Data and Analysis

In 2024, U.S. agricultural exports to Colombia reached a record high of $4.5 billion, a 21 percent increase from 2023. This growth, supported by the U.S.-Colombia Trade Promotion Agreement, represented the highest rate among the top 25 U.S. agricultural export markets globally.

In October 2023, the U.S. Department of Agriculture’s Plant and Animal Health Inspection Service and the Colombian Institute for Agriculture agreed on import requirements for U.S. bovine meat and bone meal (MBM) to Colombia. Colombia’s steady economy growth, increasing production of proteins, and growing demand for high quality pet food are creating new opportunities to increase exports of MBM products to the country.

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.

Latin America accounts for about 25 percent of global corn imports . The region’s corn demand for imported corn has grown steadily over the years supported by expansion in the livestock sector...

Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.

Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.

Opportunities for U.S. agricultural products abound in Colombia after the implementation of the U.S.- Colombia Trade Promotion Agreement (CTPA).

The United States continues to be the main sourcing option for Colombian importers of corn and rice.

The Department of Agriculture made changes to the process for registering new plant varieties.

The Ministry of Commerce (MOC) in Burma (Myanmar) announced Notification 25/2018, which allows foreign owned companies to enter the wholesale and retail sector if they meet minimum investment....

Myanmar launched the Myanmar Companies Law (2017) and an Online Registration system on August 1, 2018.

As part of Burma's ongoing market liberalization, the Ministry of Commerce (MOC) published a notification allowing 100 percent foreign-owned businesses that meet certain criteria....