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Record-high remittances continue to boost consumer spending in 2024. U.S. agricultural exports to Nicaragua through September 2024 are up four percent compared to the same period in 2023.
The cotton production forecast for 2024/25 has been revised downward to 5.2 million bales, with the area unchanged at 2 million hectares.
FAS Bogota estimates marketing year (MY) 2024/2025 Colombian coffee production at 12.9 million bags green bean equivalent (GBE), 1.1 percent higher from the previous year revised figure, reflecting continued recovery from favorable weather conditions and producers adopting improved agronomic practices to mitigate climate change shocks.
SaborUSA Colombia, FAS Bogota's flagship marketing campaign, partnered with the U.S. Pet Food Institute (PFI) to promote American pet food through a "Petween" social media contest.
This report outlines Colombia’s requirements for import permits and export certificates for agricultural products intended for human and animal consumption. It also provides a list of the Colombian government agencies involved in the entry of imported food products.
Colombia’s agricultural industry widely utilizes innovative biotechnologies, and its regulatory environment remains open genetically engineered (GE) derived commodities. However, congressional anti-biotechnology initiatives continue to risk undoing decades of scientific advancement, undermining biotechnology development and potentially impacting agricultural trade.
In June 2024, the Nicaraguan Institute of Agricultural Protection and Health (IPSA) issued an executive resolution to strengthen the risk mitigation measures for the monitoring and testing of GE grains.
In 2024, the Pakistan government issued revised Biosafety Rules and Regulations, creating a system to request genetically engineered (GE) commodity imports for food, feed, and processing (FFP). As of mid-October 2024, importers had submitted several applications to import GE soybeans for FFP.
In marketing year (MY) 2024/2025, Colombia’s corn production is projected to remain at 1.5 million metric tons (MMT), 6 percent lower year-on-year
Colombia is the tenth largest producer of cacao globally. In 2023, Colombia produced 59,831 metric tons (MT) of cacao, with a planted area of 190,800 hectares.
Consumer trends in Nicaragua are shifting towards modern retail channels as remittance flows increase. Supermarkets are expanding rapidly, with one grocery store chain opening eight new locations in 2024.
Colombia is the top destination for U.S. agricultural products in South America. In 2023, U.S. exports of consumer-oriented agricultural products totaled $759 million, a decrease from 2022 due to the slowdown in economic growth in Colombia and a seven-month (now resolved) ban on U.S. poultry exports.