Colombia
U.S. Trade with Colombia in 2023
Export Market Rank
#7 Among U.S. Agricultural Export Markets
Total Export Value
$3.69 Billion
3-Year Average
$3.58 Billion
Compound Average Growth
4.1% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Colombia in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Corn | $1.14 Billion | 4.04 Million | $890.3 Million | 26% |
| Soybean Meal | $736.71 Million | 1.4 Million | $449.21 Million | 259% |
| Pork & Pork Products | $271.85 Million | 98,810 | $186.43 Million | 102% |
| Soybeans | $235.74 Million | 409,638 | $221.83 Million | 57% |
| Ethanol (non-bev.) | $223.42 Million | --- | $73.09 Million | 3403% |
| Wheat | $133.35 Million | 461,186 | $164.14 Million | -34% |
| Dairy Products | $126.34 Million | 39,654 | $103.79 Million | 112% |
| Distillers Grains | $113.57 Million | 382,576 | $53.94 Million | 293% |
| Other Feeds, Meals & Fodders | $112.63 Million | 170,886 | $93.97 Million | 33% |
| Rice | $60.94 Million | 154,372 | $62.71 Million | -11% |
Data and Analysis
In marketing year (MY) 2024/2025, Colombia's sugar production is forecast to remain unchanged from the previous MY at 2.25 million metric tons (MMT) owing in part to the onset of the El Niño phenomenon and its dry weather conditions in the second half of 2023.
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.
Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.
News and Features
U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead an agribusiness trade mission to Bogotá, Colombia, Aug. 13-15, 2024. USDA is now accepting applications from current and potential U.S. exporters who have interest in joining the delegation.
The U.S. Department of Agriculture and the Office of the U.S. Trade Representative have reopened the Colombian market for U.S. poultry and egg product exports, culminating several months of collaborations with the Colombian Institute of Agriculture to resolve this trade barrier.
Private exporters reported sales of 200,000 MT of corn for delivery to Colombia during MY 2023/2024.