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Colombian Gross Domestic Product (GDP) grew at 2.7 percent in 2018, higher than other Latin American economies.
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.