Colombia: Colombia's Increase In Demand For Dairy Products
FAS Colombia is writing a series of reports on the benefits and challenges of the U.S.-Colombia Trade Promotion Agreement (CTPA) between the United States and Colombia. This report analyzes the demand for dairy products (powdered milk, yogurt, butter, cheese, and processed dairy products) in Colombia and the country’s use of the dairy product tariff rate quotas (TRQs), which will increase by four percent per year and be phased-out by 2019. Given a growing economy and increasing demand for dairy products, a promotional campaign by the U.S. dairy industry could increase sales in the country for U.S. dairy products.
