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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.
Chile remains the largest South American consumer-oriented market for U.S. exporters. Increasing wealth, lower barriers to entry, and the modern Chilean economy present opportunities for increased agricultural trade as COVID-19 restrictions and social-political tensions ease.
On January, 6 the Central Bank of Argentina announced financing restrictions on importers of luxury goods, including but not limited to, champagne, whisky, liqueurs and other spirits...
Post forecasts Calendar Year (CY) 2016 grape production at 2.67 million metric tons (MMT) under normal weather conditions and maintaining the current good sanitary conditions of the vineyards.