FX.co ★ Colombia Exports Drop in May

Colombia's exports in May 2025 experienced a 2.1% year-on-year decline, totaling USD 4.359 billion. This followed a 6.5% drop observed the previous month. The primary driver of this downturn was an 18.7% decrease in exports from the fuels and extractive industries sector, while shipments of manufactured goods saw a marginal decline of 0.1%. In contrast, agricultural exports recorded a significant increase, soaring by 26.2%. The United States continued to be the leading destination for Colombian exports, comprising 27.2% of the total, with Panama (7.0%), India (4.8%), and the Netherlands (4.7%) following suit.