Gold and Oil: Two Products Explain the Growth of Exports to the United States at the Start of the Year
Colombian exports to the United States started 2026 with positive growth. Photo: Mincomercio
TL;DR
- Colombian exports to the U.S. grew at the start of 2026, with gold and oil being the main drivers.
- The U.S. remains Colombia's largest trading partner, accounting for 31.2% of external sales.
- Overall exports in February 2026 reached US$4,211.6 million, an 11.4% increase compared to the previous year.
- Non-monetary gold exports to the U.S. increased by 164.7%, and crude oil by 57.8%.
- The agricultural sector grew by 11.3%, with notable increases in bananas and palm oil.
- Exports of fuels fell by 6.4%, primarily due to a decrease in coal sales.
- Manufactured goods exports decreased by 6.8%.
- Exports to China fell by 61.4%, highlighting shifts in global demand.
- The export sector shows growth but is highly concentrated in a few products and markets.