Colombia imported $4.5 billion in agricultural goods from the U.S. in calendar year (CY) 2024, a new record for the country, driven in part by significant increases in corn, distiller’s dried grains with solubles (DDGS) and ethanol sales according to a new report from the U.S. Department of Agriculture (USDA).
Exports to Colombia rose 21 percent compared to the previous year, the highest increase among the top 25 export markets for U.S. agriculture. Agricultural exports to Colombia have risen by an impressive 309 percent since 2012, when a trade deal was struck between the countries.
“Colombia is a key agricultural trading partner for U.S. farmers, ethanol producers and agribusinesses,” said Marri Tejada, U.S. Grains Council (USGC) regional director for Latin America (LTA). “After a challenging year in 2023, I’m encouraged to see the U.S. regaining its market position, with an 80% share of Colombia’s imported corn market.”
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