Between January and October 2014 the South American country exported 18% more fresh fruits to the European Union, as a result of the tariff benefits arising from the agreement.
Tuesday, January 20, 2015
From a statement issued by the Costa Rican Foreign Trade Promotion Office (Procomer):
The tariff benefits coming from the Free Trade Agreement between Colombia and the European Union (EU) are promoting new exports, said ProColombia.
Products such as Cape gooseberry, gulupa, avocado and passion fruit-considered exotic species- are boosting exports of fresh fruits from Colombia to European destinations, mainly Germany and the Netherlands.
Colombian exports of fresh fruit to the EU increased by 18% between January and October 2014 compared with the same period in 2013, after promotion of the market for organic and fair trade goods.
According to the Ministry of Commerce, Industry and Tourism of the South American country, based on data released by the National Administrative Department of Statistics (DANE) shipments of fruit to the EU in the first ten months of 2014 amounted to a total of $46 million, which is $7 million more than the previous year.
ProColombia stressed that the tariff benefits between the two markets are an advantage.It noted that thanks to the current trade agreement, in place since August 2013, the products enter duty free, where previously in many cases they incurred up to 17.6%.
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In the first four months of 2015, exports of fresh bananas, flowers, avocados, nuts, bananas, cocoa, instant coffee and tropical fruits had the largest growth compared to the same period in 2014.
From a statement issued by the Foreign Trade Promotion Office:
Colombia's agricultural exports to the European Union (EU) increased by 29% in the first quarter of this year, reaching 683 million euros, according to recently released official figures. The agricultural sector also recorded a trade surplus with the EU between January and April this year, with a positive balance of 576 million euros, said a statement from the EU office in Colombia.
Between 2009 and 2013 the consumption of fresh fruits in the northern country increased 6%, while in the same period vegetable consumption went up by 5%.
From a statement issued by the Costa Rican Foreign Trade Promotion Office (Procomer):
The Canadian market for fresh fruits and vegetables is estimated to be worth $11.2 billion a year.
The entry into force of the FTA with the European Union opens up opportunities for Colombia products such as lemons, Tahiti, papaya, cantaloupe and watermelons.
From an article by the Costa Rican Trade Promotion Office (PROCOMER):
With the entry into force of the FTA between the EU and Colombia, as of August 2013, the Colombian are looking to to venture much further into markets such as the German one, because one of the signs of the growing deamand in Europe is that 46% of imports which arrived at Frankfurt airport, which weighed 98,600 in 2012, were for fruit and vegetables.
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