Browse Data and Analysis

Colombia’s ethanol consumption in 2024 is projected to increase to 728 million liters, mainly owing to the government’s restored 10 percent ethanol mandate (E10). Heightened ethanol demand is expected to be met through imports, primarily from the United States, despite the countervailing duty on U.S. fuel ethanol.

On July 2, 2024, the European Commission approved three genetically engineered crops (maize/corn) for food and animal feed. The three authorizations were published in the European Union’s Official Journal on July 4, 2024, and they remain valid for 10 years.

MMT), the first reduction since 2015. This drop is caused by a mild winter and a reduced demand from the commercial power sector. Current low prices, combined with government incentives, are forecast to support the popularity of biomass for residential heating in 2024.

This report outlines Colombia´s food and beverage market conditions and guides exporters on how to enter the market. In 2023 the United States exported $3.7 billion in agricultural products to Colombia, making it the 6th largest agricultural export market for the United States.