2025 Aug Colombia Gold (HS 7108) Export Snapshot: Vol Dip
August Trend: Colombia Gold Export
Gold, classified under HS Code 7108 (Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form.), saw mixed trends in August, with unit prices rising 2.69% MoM to $78,604.33/kg despite a 20.52% drop in export value to $311.90M. Shipments contracted sharply, with weight falling 22.60% to 3.97K kg, reflecting volatile demand. The rebound in unit prices follows a 3.57% dip in July, while the value decline reverses the prior month’s 30.01% surge. Trade policy updates, including tariff adjustments, may have contributed to the uneven performance.
Table: Colombia Gold Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 328.56M USD | 5.09K kg | $64542.17/kg | N/A | N/A | N/A |
| 2025-02-01 | 320.50M USD | 4.87K kg | $65776.57/kg | -2.45% | -4.28% | +1.91% |
| 2025-03-01 | 343.51M USD | 4.79K kg | $71697.96/kg | +7.18% | -1.67% | +9.00% |
| 2025-04-01 | 351.25M USD | 4.70K kg | $74682.43/kg | +2.25% | -1.83% | +4.16% |
| 2025-05-01 | 356.25M USD | 4.51K kg | $79060.72/kg | +1.42% | -4.19% | +5.86% |
| 2025-06-01 | 301.82M USD | 3.80K kg | $79377.28/kg | -15.28% | -15.62% | +0.40% |
| 2025-07-01 | 392.40M USD | 5.13K kg | $76546.53/kg | +30.01% | +34.82% | -3.57% |
| 2025-08-01 | 311.90M USD | 3.97K kg | $78604.33/kg | -20.52% | -22.60% | +2.69% |
Get Colombia Gold Historical Export Data
Geographic Concentration & Market Logic
The United States dominates Colombia's gold exports, accounting for 30.08% of value but only 23.87% of weight, signaling a premium market demanding higher-grade or refined gold. The UAE follows closely (27.46% value, 22.10% weight), reinforcing this premium trend, while Canada (22.44% value, 29.42% weight) acts as a bulk hub, likely processing raw material. The value-weight gap reveals a dual strategy: premium markets (US, UAE) drive margins, while bulk flows (Canada) optimize volume. Colombia’s export structure prioritizes value capture over sheer scale.
Table: Colombia Gold (HS Code 7108) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| UNITED STATES | 83.62M | 860.13 | 61.00 | 860.13 |
| UNITED ARAB EMIRATES | 76.35M | 796.53 | 28.00 | 796.53 |
| CANADA | 62.39M | 1.06K | 3.00 | 1.06K |
| ITALY | 28.06M | 532.55 | 3.00 | 532.55 |
| INDIA | 18.13M | 186.57 | 9.00 | 186.57 |
| SWITZERLAND | ****** | ****** | ****** | ****** |
Get Complete Colombia Gold Destination Countries Profile
Colombia HS Code 7108 Breakdown & Value Logic
Colombia's HS Code 7108 export in August 2025 is overwhelmingly dominated by unwrought gold (7108120000), accounting for 99.5% of shipments by frequency and 99.99% of value and weight (yTrade data). The near-total absence of semi-manufactured gold (7108130000) suggests a market focused on raw bulk exports rather than value-added processing. With no unit price data, the dominance of unwrought gold implies a volume-driven trade, likely tied to commodity pricing rather than premium finished goods. The negligible presence of semi-manufactured exports (0.01% value share) confirms Colombia’s role as a raw material supplier in the gold trade chain.
Table: Colombia (HS Code 7108) Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 710812**** | Metals; gold, non-monetary, unwrought (but not powder) | 311.87M | 209.00 | 3.97K | 3.97K |
| 710813**** | Metals; gold, semi-manufactured | 25.20K | 1.00 | 0.21 | 0.21 |
| 7108** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 7108 Breakdown
Colombia Gold Buyers List
Table: Colombia Gold (HS Code 7108) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| ASAHI REFINING CANADA LTD | 62.39M | 1.06K | 3.00 | 1.06K |
| PRO STAR INTERNATIONAL FZE | 40.59M | 422.87 | 10.00 | 422.87 |
| DILLON GAGE INC | 28.02M | 287.25 | 19.00 | 287.25 |
| GRUPO ALTEA S.A.S | ****** | ****** | ****** | ****** |
Frequently Asked Questions
How did Colombia Gold Export perform in August?
Colombia's gold exports dropped 20.52% month-on-month to $311.90M in August, with shipment volume falling 22.60% to 3.97K kg. Unit prices edged up 2.69% to $78,604.33/kg.
What are the top Export partners for Colombia Gold?
The United States ($83.62M), United Arab Emirates ($76.35M), and Canada ($62.39M) were the top destinations for Colombian gold exports.
Who are the major Gold Buyers?
Key buyers included Asahi Refining Canada Ltd ($62.39M), Pro Star International FZE ($40.59M), and Dillon Gage Inc ($28.02M), indicating concentrated demand from refining and trading firms.
What is the specific HS Code for this trade?
The data covers HS Code 7108, with significant activity in unwrought non-monetary gold (HS 710812****), which accounted for $311.87M of exports.
2025 Apr Colombia Gold (HS7108) Export Snapshot: Price Rise
Colombia's gold exports rose 2.25% in April 2025, with HS Code 7108 shipments hitting $351.25M. Track key trends on yTrade, including top buyers like the U.S. and Canada.
2025 Feb Colombia Gold (HS7108) Export Snapshot: Price Rise
Colombia's Gold Export (HS Code 7108) saw a 1.91% price rise in Feb 2025, despite lower volumes. Track key trends on yTrade.
