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Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
In 2018, total Colombian food and agricultural imports were valued at $6.5 billion.
Colombian Gross Domestic Product (GDP) grew at 2.7 percent in 2018, higher than other Latin American economies.