FX.co ★ Colombia Export Growth Stalls in October

In October 2025, Colombia experienced a slight decline in its export figures, dropping 0.2% from the previous year to reach $4.3 billion. This decline comes after an 11.1% increase in September. The downturn was largely attributed to a significant 22.5% drop in the sales of petroleum and petroleum-derived products, as well as an 8% decrease in the "other exports" category, driven by reduced shipments of non-monetary gold. On the positive side, exports of manufactured goods witnessed a 6.6% rise, particularly due to a 24.7% increase in machinery and transport equipment and a 5.1% growth in chemical products. Agricultural exports experienced a notable surge of 32.2%, spurred by robust shipments of unroasted coffee, which soared 65.3%, and bananas and plantains, which climbed 66.4%. The United States continued to be Colombia's leading trade partner, accounting for 28.8% of its exports, followed by Panama with 7% and Canada at 4.9%.