Colombia’s Non-Mining Exports Reached $22 Billion USD in 2024

In 2024, Colombia’s non-mining energy exports reached $21.999 billion USD, marking a 7.7% real-term increase from 2023, according to the Ministry of Commerce, Industry, and Tourism. These exports accounted for 44.4% of the country’s total goods sold internationally that year. The volume of exported goods also rose, totaling 9.2 million tons—a growth of 8.4% compared to the previous year.

Several products contributed to this uptick. In the industrial sector, electric transformers saw a 61.5% increase in exports. Insecticides experienced a 7.1% rise, beauty preparations grew by 17.6%, and chloride polymer exports went up by 9.1%. Agricultural products also played a significant role. Coffee exports increased by 18.4%, flowers by 9.9%, and bananas by 30.4%. Additionally, exports of pineapples, avocados, guavas, and mangos collectively grew by 46.3%.

Regionally, eight of the top ten non-mining export areas reported positive results. Bogotá’s exports increased by 10.3%, Antioquia by 6.9%, Cundinamarca by 9.8%, Bolívar by 7.8%, Caldas by 6.4%, Huila by 33.4%, Risaralda by 50.6%, and Magdalena by 12.9%.

The Ministry attributes these gains to government policies aimed at diversifying and enhancing the value of Colombia’s export offerings. Minister of Commerce, Industry, and Tourism, Luis Carlos Reyes Hernández, stated that the focus is on positioning Colombian products with added value in various markets, emphasizing the promotion of exports.

These figures underscore Colombia’s ongoing efforts to strengthen its non-mining export sectors and reduce reliance on traditional commodities.

Headline Image: Coffee from Colombia. Photo credit: Ministry of Commerce, Industry, and Tourism (MinCIT)