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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