During April 2024, the Colombian exports stood at US$4,408 millionwith a growth of 17.9% compared to the same month in 2023, driven by external fuel sales.
Even so, in the accumulated of the first four months of 2024, exports showed a drop of 2.9%.
In the fourth month of the year, the United States was the main destination for Colombian exports, with a share of 26.8% of the total value. They followed Panama (12.8%), Mexico (5.3%), India (4.5%), China (4.2%), Ecuador (4.2%) and Brazil (3 %). The other countries represented 39.3%.
“In April 2024 compared to April 2023, the decrease in sales to the United States and Panama together contributed 12.5 percentage points to the total variation in exports (17.9%),” DANE noted in its latest export report.
How Colombian exports behaved in April 2024
The exports of fuels and products from extractive industries They were US$2,138 million, representing 48.5% of the total exported. The 12.3% increase was explained, above all, by the increase in sales of coal, coke and briquettes (18.7%) and of petroleum, petroleum products and related products (6.3%).
In April 2024, 15 million barrels of crude oil were exported, which represented a drop of 2.4% compared to April 2023.
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The group of products agriculture, food and beverages represented US$947.4 million of exports. They had a growth of 22.8%, and represented 21.5% of the total Colombian products exported. The increase was due to increases in exports of fresh or dried bananas (100.3%) and unroasted coffee, decaffeinated or not (21.9%).
The group followed manufactures, with US$943.7 million, a growth of 15.3% and a market share of 21.4%. External sales of chemicals and related products increased (23%), and machinery and transport equipment (13.7%).
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