Colombia Exports Rise 15.1% in August on Gold and Coal
Colombia exports rose 15.1% to US$4.46 billion in August 2026, DANE said on 5 October, as gold, coal and oil sales grew while coffee fell. The post Colombia Exports Rise 15.1% in August on Gold and Coal appeared first on The Rio Times .
In August 2026, Colombia's exports surged 15.1% to US$4.46 billion, according to the national statistics office DANE and DIAN. The United States remained the primary buyer, purchasing 27.2% of the total exports. While gold, coal and oil led the increase, coffee exports declined. Non-monetary gold exports jumped 126.9% to US$707.6 million, contributing 10.2 points to the total rise.
Fuels and mining products grew 23.8% to US$1.79 billion, making up 40.1% of all exports. Coal output nearly doubled, rising 99.4% to US$447.7 million. Oil products increased 12.3% to US$1.11 billion. Manufactures rose 5.6% to US$892 million, led by chemicals. Over the first eight months, Colombia exported US$36.88 billion, a 12.8% increase from the same period in 2025.
The US bought US$1.21 billion of Colombian goods, up 8.2%, with gold sales nearly tripling to US$223 million. Panama and Italy were the next largest markets. Farm goods fell 16.0% to US$1.07 billion, with raw coffee exports slipping 23.5% to US$404.2 million. Banana sales declined 27.5% to US$88.7 million, and cocoa beans fell 74.5% from a small base.
Despite these declines, other farming sectors like cut flowers, palm oil and live cattle showed growth. Stronger crude and coal sales could attract more foreign investment, supporting the Colombian peso. However, the gold rush may involve illegal alluvial mining, and the coffee export decline could be due to various factors.
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