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The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Colombia is a net importer of many agricultural products and cannot produce the raw materials and ingredients to meet the growing demand of the food and beverage processing industry.
In marketing year (MY) 2022/23, Colombia's corn and rice production are forecast to marginally decrease from the previous year as a result of lower crop productivity due to rising prices of fertilizers and potential supply disruption of these inputs.
In 2016, the Colombian government permitted production and distribution of hemp for medical and scientific purposes. Despite optimal growing conditions and considerable foreign investment, Colombia’s hemp industry still struggles to compete globally due to market oversaturation, overregulation, and climate challenges.
This report outlines Bermuda’s certification requirements and includes an Export Certificate Matrix as well as examples of select Export Certificates. U.S. Exporters may also refer to the 2021 Bermuda FAIRS Country report for more information on import requirements for food and agricultural products.
The United States is far and away Bermuda’s main agricultural trading partner, accounting for nearly three quarters of its imports of agricultural and related products.
This report outlines Colombia´s food and beverage market conditions, resulting from changes in consumer habits and preferences during the COVID-19 pandemic.
Colombia remains open to biotechnology and other innovative technologies. In 2020, Colombia's GE corn acreage grew 23 percent while GE cotton acreage declined 37 percent.
Biosafety regulatory efforts in the Caribbean remain stalled, and it is yet to be seen whether countries can regain the will and secure the international financing required to fully implement their National Biosafety Frameworks in a harmonized manner.
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.
In marketing year (MY) 2021/22, Post's revised Colombian coffee production forecast is down to 13.8 million bags (1 bag = 60 kilograms) green bean equivalent (GBE), due to potentially heavy rains from the La Niña weather phenomena that is projected to materialize towards the end of 2021 and the beginning of 2022
In MY 2021/22, Colombian corn, rice, and wheat demand are forecast to recover as Colombia returns to pre-pandemic economic growth levels.