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Colombia Retail Foods 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. At the end of June 2024, U.S. exports of consumer oriented products to Colombia reached $486 million, a 15 percent increase compared to the same period in 2023. A slowdown in economic growth in Colombia has helped fuel the expansion of discounters, whose retail sales grew by 34 percent in 2023 to reach $7.5 billion.

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