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Trade Fact of the Day

The United States is already Korea's top supplier of a broad variety of agricultural exports at $2.85 billion ($3.4 billion including fish and forest products) in 2006, making Korea the sixth largest export market for U.S. farm products.

About Trade

"Trade fosters human opportunities that build hope and give people a stake in their society's success."

John D. Negroponte
Deputy Secretary of State
September 18, 2007

Site Updated: May 16, 2008

Facts Of The Day

April 30, 2008

America’s two-way trade with Colombia reached $18 billion in 2007, making Colombia our fourth largest trading partner in Latin America and our largest export market for U.S. agriculture products in South America.

Source: Prepared by the International Trade Administration

Trade Fact for April 30, 2008

April 29, 2008

In 2007, total U.S. goods exports to Colombia reached $8.6 billion.

Source: Prepared by the International Trade Administration

Trade Fact for April 29, 2008

April 28, 2008

The United States’ market share in Colombia is falling—in 2007, U.S. merchandise held a 26.5 percent share of Colombia’s import market, a steady decline from 28.3 percent in 2005 and 34.4 percent in 2001.

Source: Prepared by the International Trade Administration

Trade Fact for April 28, 2008

April 25, 2008

In 2007, U.S. farmers and ranchers shipped $1.2 billion in agricultural goods to Colombia, up 41 percent in a single year, making Colombia the largest export market for U.S. farm products in the Hemisphere outside of NAFTA.

Source: Prepared by the International Trade Administration

Trade Fact for April 25, 2008

April 24, 2008

It has been 520 days since the U.S.-Colombia Trade Promotion Agreement was signed. Since that time, American exports have faced nearly $1 billion in Colombian tariffs.

Source: Prepared by the International Trade Administration

Trade Fact for April 24, 2008

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