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Colombia is the tenth largest producer of cacao globally. In 2023, Colombia produced 59,831 metric tons (MT) of cacao, with a planted area of 190,800 hectares.
Colombia is the top destination for U.S. agricultural products in South America. In 2023, U.S. exports of consumer-oriented agricultural products totaled $759 million, a decrease from 2022 due to the slowdown in economic growth in Colombia and a seven-month (now resolved) ban on U.S. poultry exports.
On July 4, 2024, the Colombian Ministry of Trade, Industry and Tourism (MINCIT) announced the self-initiation of a countervailing duty (CVD) investigation into U.S. milk powder. On September 17, 2024, MINCIT issued a preliminary determination that...
Colombia’s raw milk production has remained steady in the last decade, with an average annual growth rate of 0.8 percent. The sector is still largely informal, with a 47 percent collection rate in 2023 from producers into the formal market.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
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.
Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.