Browse Data and Analysis

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.

The United Kingdom (UK) recently announced a number of voluntary tariff suspensions for agricultural and non-agricultural products, including around 70 new agricultural product suspensions.

Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.

The UK food ingredients sector is a thriving and competitive market, driven by changing consumer demands, technological advancements, and an emphasis on quality and safety.

In market year (MY) 2024/2025, Colombia’s corn production is forecast to decrease to 1.5 million metric tons (MMT) influenced by lower domestic corn prices and dissuading farmers from expanding corn cultivation.

In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.

On January 31, the United Kingdom published draft regulations expanding the “not for EU” label beyond Northern Ireland (NI) to apply to Great Britain (GB) - England, Scotland and Wales.

On December 12, the Secretary of State (SOS) for Environment, Food and Rural Affairs (Defra) Steve Barclay announced draft legislation to stop products from illegal deforestation from being sold in the United Kingdom (UK).

The United Kingdom (UK) continues to implement changes to its border control measures, following its departure from the European Union (EU).

Following the UK’s departure from the European Union, U.S. export health certificates are now required to either follow the Great Britain model health certificates (for destinations within England, Scotland, or Wales) or the European Union model health certificates if shipping to Northern Ireland.

On December 6, 2023, the Ministry of Health of Colombia issued Resolution 2056, by which it amended Colombian Resolution 2013 of 2020 (known as the “sodium rule”). This amendment allows for U.S. exporters to utilize self-declarations to certify compliance with maximum sodium levels in processed products.

In 2023, the United Kingdom continues to face a cost-of-living crisis. Price inflation remains a concern negatively impacting consumer purchasing decisions. For example, October 2023 food prices were 30 percent higher than in October 2021.