Colombia: Trade Protection Plunges U.S. Ethanol Exports
FAS/Colombia is writing a series of reports on the opportunities and challenges for U.S. agriculture under the Colombia Trade Promotion Agreement (CTPA), which went into force in May 2012. U.S. ethanol had benefitted from the CTPA with monthly exports to Colombia averaging 3.75 million liters from October 2013 to March 2014 with a total trade value of $17.6 million. Exports prior to 2013 were negligible and the trade surge motivated the Colombian sugar industry to pressure the Government of Colombia (GOC) to close the market. FAS/Colombia is offering technical assistance under the Cochran and Borlaug Fellowship programs to stimulate innovation and improve Colombia’s ethanol productive capacities of second generation biofuels.