Colombia Rice TRQ Unfilled for the First Time In 2021, despite advantages offered through the United States-Colombia Trade Promotion Agreement (TPA), U.S. rice exports to Colombia have declined to just $5 million through September. The significantly lower exports to this market are a result of a larger Colombian crop and lower domestic prices, plus increased competition from South American exporters. This is a significant development for U.S. rice exporters since 2020, when Colombia was the eighth-largest destination for U.S. rice by value. Since the TPA was enacted on May 15, 2012, with shipments soaring upon implementation, U.S. exporters have consistently filled the tariff-rate quota (TRQ) at 100 percent until 2021. In 2011, before implementation, U.S. rice exports to Colombia were only $3 million. The TPA went into effect in 2012, allowing an initial 79,000 tons of U.S. rice exports to enter duty-free compared to out-of-quota tariff rates of 80 percent. As a result, exports jumped to roughly $57 million in 2012, rising twenty-fold. Please click here to read more >>   Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by USDA Foreign Agricultural Service. This email was sent to ooseims.archieves@blogger.com using GovDelivery Communications Cloud on behalf of: USDA Foreign Agricultural Service · 1400 Independence Avenue, SW · Washington, DC 20250