News

Colombia/U.S. FTA’s first anniversary

The US Embassy of Colombia in Washington says the US./Colombian Free Trade Agreement has generated 28-and-a-half Billion in trade for both countries in its first year, benefitting ag trade both ways.

The embassy reports that US ag exports to Colombia increased 68 percent – the main products being soybeans, soybean meal, rice and pork.

Colombian ag exports (excluding coffee) increased by 7 percent. Colombia is the 12th largest ag supplier for the U.S.

This is the one year anniversary of the implementation of the long-sought agreement.