2025 Q1 Colombia Coal coke (HS2704) Export Snapshot: Sharp Decline

Q1 Trend: Colombia Coal coke Export

Coal coke, classified under HS Code 2704 (Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon.), saw volatile export performance in Q1 2025. Unit prices rose 14.94% MoM in February to $0.26/kg before dropping 13.57% in March to $0.22/kg. Export value and volume contracted sharply over the quarter, with February shipments down 20.69% in value and 30.99% in weight, followed by further declines of 33.25% and 22.76% respectively in March. The data suggests weakening demand or competitive pressures in key markets. Colombia's January import duty reductions on agricultural goods did not directly impact coal coke exports.

Table: Colombia Coal Coke Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Brazil dominates Colombia's coal coke exports, accounting for 54.3% of value but just 51.4% of weight, signaling a premium market demanding higher-grade or specialized specifications. The UK and India follow with narrower gaps, suggesting balanced trade roles, while smaller players like Palau show disproportionately low weight shares, hinting at niche, high-value shipments. The structure reveals a cost-optimized supply chain, prioritizing bulk flows to Brazil with selective premium diversification.

Table: Colombia Coal Coke (HS Code 2704) Top Destination Countries (Source: yTrade)

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Colombia HS Code 2704 Breakdown & Value Logic

yTrade data reveals 2704001000 (Coke and semi-coke of coal) dominates Colombia’s Q1 2025 exports, accounting for 100% of volume and value under HS Code 2704. The absence of unit price data suggests a bulk-driven market, where low-cost, high-volume shipments define Colombia HS Code 2704 Export dynamics. With no competing sub-codes in the top 10, this signals a singular reliance on commoditized output—typical of price-sensitive buyers prioritizing scale over premium quality. Expect stability in this trade lane, but monitor for diversification into higher-margin variants.

Table: Colombia (HS Code 2704) Breakdown Details (Source: yTrade)

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Colombia Coal Coke Buyers List

Table: Colombia Coal Coke (HS Code 2704) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Coal coke Export perform in Q1?

Colombia's coal coke exports dropped 33% month-on-month in March 2025 to $53.48M, following a 21% decline in February.

What are the top Export partners for Colombia Coal coke?

Brazil ($127.41M), United Kingdom ($14.42M), and India ($14.04M) were the top destinations.

Who are the major Coal coke Buyers?

Trafigura PTE Ltd dominated with $61.33M in purchases, followed by Companhia Siderúrgica Nacional ($37.52M).

What is the specific HS Code for this trade?

The data covers HS Code 2704, with significant activity in coke and semi-coke of coal (270400****).

Detailed Monthly Report

Colombia HS2704 Export Snapshot 2025 FEB

Colombia HS2704 Export Snapshot 2025 MAR