# Colombia - United States Department of State

> A US State Department country commerce overview describes Colombia as an attractive investment destination with a 50 million population and natural resources. It notes that the economy was likely heading for its first recession since 1999 after COVID-19 quarantines and an oil price collapse. It also cites the US-Colombia trade agreement in force since 2012.

- Date: 2020-09-09 · published 2020-09-09T12:00:00.000Z
- Category: report · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/51412-colombia-united-states-department-of-state
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

The document is background reference material rather than a new shock, so it offers little direct signal for feed prices. Colombia's recession and weaker oil revenue are a slow-moving demand and currency backdrop for the region.

## Sources

- 2021-2025.state.gov: https://2021-2025.state.gov/reports/2020-investment-climate-statements/colombia__trashed/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.