FX.co ★ Colombia Exports Fall After Recovery

In April 2025, Colombia experienced a 6.5% decline in exports year-on-year, amounting to USD 4.121 billion. This decline offsets the 12.2% growth observed in the previous month. The primary contributor to this downturn was a significant 33.0% decrease in exports from the fuels and extractive industries sector, predominantly due to substantial reductions in coal, coke, and briquettes exports (-37.5%), as well as metal ores and residues (-31.2%). Additionally, crude oil exports saw a decline of 19.9%. The manufacturing sector also experienced a slight downturn of 0.6%, largely attributable to reduced sales of chemicals and related products (-3.5%) and manufactured goods (-3.7%), along with a 6.7% reduction in gold exports. Conversely, exports of agricultural products, food, and beverages saw an impressive increase of 47.7%, led by a notable surge in shipments of unroasted coffee (86.8%) and palm oil and its fractions (167.8%). The United States remained Colombia's largest export market, accounting for 31.7% of total exports, followed by Panama at 5.9% and the Netherlands at 5.4%.