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 People’s Republic of China’s (PRC) reorganized and restructured its food safety regulatory system in 2018-2019, substantially changing registration procedures and import requirements applicable to U.S. exports of feed and feed additives.

Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.

The EU adopted new rules for the labeling of organic pet food in the single market. Pet food can now be labeled with the EU organic production logo if 95 percent of its agricultural ingredients are organic.

U.S. dog and cat food exports to China reached a record $264 million in 2022, with China becoming the second-largest U.S. export market.

Chile is the second-largest South American market for U.S. agricultural products. Solid political institutions and a stable macroeconomic environment, combined with high consumer purchasing power, make Chile a lucrative market for U.S. producers of wheat, cheese, pet food, alcoholic beverages, and other consumer-oriented products.

The People’s Republic of China (PRC) is an increasingly important market for the United States pet food and related products industry.

Since the implementation of the U.S.-China Phase One Economic and Trade Agreement in 2020, U.S. pet food exports to China have experienced significant grown. Earlier this year, the United States overtook Canada as the largest exporter of pet food to China.

With one of the highest dog and cat ownership rates in Asia, the Philippines presents a growing opportunity for U.S. pet food. As pets became more popular household companions, especially during the pandemic, pet ownership and pet food sales have grown immensely over the past five years.