Overview of Colombia’s Export Performance in August 2025
Colombia’s exports did not show a favorable trend in August 2025, totaling $3,842 million, marking a 0.1% decrease compared to the same period last year. The most striking aspect of these figures, released by Colombia’s National Administrative Department of Statistics (DANE), was the decline in exports to the United States.
Decline in US Export Sales
In August, Colombia received $1,090.6 million from the US, a 13.7% decrease from $1,263 million in August 2024. This downturn was primarily due to a drop in oil exports, which fell by 32.9%.
Impact of Fuel Oil Exports
Another significant factor was the absence of fuel oil exports to the US in August 2025, which had yielded $54.8 million the previous year. This non-existent export in the recent month further reduced Colombia’s external sales to the US.
Relevance of the United States as a Trade Partner
The US is Colombia’s primary trade partner, accounting for 28.4% of total exports in August alone. In response to the falling external sales to the US, Javier Díaz, president of ANALDEX, stated that the overall export news is not positive and attributed the decline in US sales to the impending tariffs aimed at protecting markets.
Key Questions and Answers
- What was the total value of Colombia’s exports in August 2025? Colombia’s exports totaled $3,842 million in August 2025.
- How did Colombia’s exports to the US perform in August 2025 compared to August 2024? Exports to the US decreased by 13.7%, from $1,263 million in August 2024 to $1,090.6 million in August 2025.
- What caused the decline in Colombia’s exports to the US? The drop was primarily due to a 32.9% decrease in oil exports and the absence of fuel oil exports, which had generated $54.8 million in August 2024.
- Why are tariffs a concern for Colombia’s exports? Tariffs imposed to protect markets are expected to negatively impact Colombia’s external sales, as indicated by the decline in US export sales.