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In 2016, U.S. rice exports to Colombia are 66.1 percent lower than the previous year. This is due to a strong U.S. dollar, larger Colombian domestic production, and increased competition...
In fiscal year (FY) 2016 (October to September) total Colombian food and agricultural imports were valued at $5.5 billion.
Hotel occupancy rates remain stable at 53.6 percent in 2015, with a number of new hotel chains expanding operations in Colombia.
Colombia continues to expand its biotechnology frontier. The adoption rate for biotech corn has surpassed that of cotton and the development of a regulatory framework is underway.
The United States is poised to exceed past record levels of food and agricultural exports to Colombia, which in 2015 was the 8th largest market worldwide with $2.4 billion in sales.
Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
Graphic illustrating the growth of U.S. agricultural exports in response to trade agreements over the past 70 years.