Colombian exports grow 11.4% in February driven by gold and agriculture

Colombia's exports reached US$4.211.6 million in February, up 11.4%, according to the Dane. Non-monetary gold and the agricultural sector drove the rise, while fuels, coal, and manufacturing saw declines.

The Dane reported that Colombian exports started February at US$4,211.6 million, a 11.4% increase. The 'other sectors' category grew 141%, driven almost entirely by non-monetary gold, which became the month's main driver.

The agricultural, food, and beverages sector totaled US$1,273.1 million, up 11.3%. Banana exports rose 172.4%, and palm oil increased 110.8%.

By contrast, fuels and extractive industry products fell 6.4%, hit by lower coal, coke, and briquette sales, though exported oil volume grew 11.8%. Manufacturing exports hit US$760.2 million, down 6.8%.

From January to February, exports summed US$8,470.2 million, up 12.1%. The United States took 31.2% of the total, boosted by gold and oil, while China lost momentum due to lower crude shipments.

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Realistic illustration of Colombia's economic growth with marketplace consumption, public spending, and signs of declining sectors for a news article.
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Colombian economy grows 2.2% in first quarter of 2026

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The Dane reported that Colombia's GDP rose 2.2% in the first quarter of 2026, below the 2.5% recorded a year earlier. Growth was driven mainly by public spending and household consumption, while sectors such as construction and agriculture posted declines.

Colombian exports reached US$5.315.9 million FOB in March 2026, up 20.9% from March 2025, according to the Dane. The growth was driven mainly by a 149.2% rise in the other sectors group, led by non-monetary gold. For the first quarter, exports totaled US$13,809.5 million, a 15.5% increase.

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Colombia's National Administrative Department of Statistics (DANE) reported that imports in January 2026 reached US$5,902.9 million, up 9.7% from January 2025. This marks the highest January figure in the decade, surpassed only by US$6,050.5 million in 2022.

In the latest update in Colombia's Monthly ISE Reports series, the Indicador de Seguimiento a la Economía (ISE) for February 2026 grew 1.65%, according to Dane—marking the second consecutive month below 2%, following January's 1.55%. Tertiary activities led with 2.55% growth, offsetting a 2.08% drop in primary sectors.

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Inbound tourism in Colombia reached $54.7 billion in revenue in 2025, an 8.4% increase from the previous year, according to preliminary data from Dane released by Anato.

Colombia ended 2025 with a current account deficit of 2.4% of GDP, according to Credicorp Capital's analysis of Banco de la República data. This rise from 1.7% in 2024 stems mainly from a wider trade imbalance. While foreign direct investment covered the deficit, forecasts for 2026 point to increased vulnerability.

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Colombia's electricity demand rose 6.07% in April 2026 compared to the same month last year, reaching 7,217.2 gigawatt-hours, according to data from XM.

 

 

 

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