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FAS/Colombia is writing a series of reports on the opportunities and challenges for agriculture under the Colombia Trade Promotion Agreement (CTPA), which went into force in May 2012.
U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.
This report analyzes the reasons behind the recent drop in participation of Colombian banks in the GSM-102 program.
Colombian sugar production in Marketing Year (MY) 2014/15 is expected to increase a marginal two percent, up to 2.4 million metric tons (MT) after a measurable decline the previous two years.
U.S. corn exports to Colombia hit historic trade levels at 3.6 million metric tons (MT) in Marketing Year (MY) 2014 with a trade value of $861 million.
Colombian demand for U.S. pulses (dry peas, lentils and chickpeas) has been constrained because of the competition with Canada, which entered into a free trade agreement with Colombia in 2011.
The Andean Community of Nation's (CAN) issued Resolution 1762 on February 8, 2015, establishing that Ecuador is not authorized to impose import safeguards for goods originating from Peru and Colombia.
Under the May 2012 United States-Colombia Trade Promotion Agreement (CTPA), certain commodities are imported into Colombia under TRQs.
2015/16 Paraguayan soybean area is forecast at 3.6 million hectares, a nine percent increase in soybean area compared with 2014/15 estimates, based on expanded area for second crop soybeans.
The Colombian retail food sector is expected to grow another four percent in 2014, after increasing four percent in 2013.
The Colombian HRI sector is expected to grow four percent in 2014.
In fiscal year (FY) 2014 – October to September, total Colombian food and agricultural imports were valued at $5.8 billion.