2025 Feb Colombia Gold (HS7108) Export Snapshot: Price Rise

February 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 February, with unit prices rising 1.91% MoM to $65,776.57/kg while export value fell 2.45% to $320.50M. Volume also dipped 4.28% to 4.87K kg, reflecting tighter supply or demand shifts. The U.S. tariff threat on Colombian goods, announced in late January, may have disrupted trade flows, though its full impact remains unclear.

Table: Colombia Gold Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Colombia's gold exports are heavily concentrated in the U.S. (31.96% value share vs. 27.04% weight share), revealing a premium market demand for higher-grade or processed gold. The UAE (24.87% value vs. 20.17% weight) follows a similar pattern, while Switzerland (15.80% value vs. 21.32% weight) acts as a bulk hub, likely refining raw material. This value-volume gap suggests Colombia’s export structure prioritizes premium markets over mass-volume buyers, indicating a value-driven supply chain with selective high-margin partnerships.

Table: Colombia Gold (HS Code 7108) Top Destination Countries (Source: yTrade)

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Colombia HS Code 7108 Breakdown & Value Logic

yTrade data reveals 7108120000 (unwrought non-monetary gold) dominates Colombia's HS Code 7108 exports, capturing 100% of value ($320.5M) and volume (4.87K units) in February 2025. The absence of unit price data suggests bulk shipments of raw material, not premium finished goods—typical for a Colombia HS Code 7108 Export market prioritizing volume over value-add. The remaining sub-codes are negligible, reinforcing a commodity-driven trade flow where scale, not refinement, dictates revenue.

Table: Colombia (HS Code 7108) Breakdown Details (Source: yTrade)

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Colombia Gold Buyers List

Table: Colombia Gold (HS Code 7108) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Gold Export perform in February?

Colombia's gold exports dipped 2.45% month-on-month to $320.50M in February, with volumes down 4.28% to 4.87K kg. Unit prices rose 1.91% to $65,776.57/kg.

What are the top Export partners for Colombia Gold?

The United States ($96.96M), United Arab Emirates ($75.45M), and Switzerland ($47.91M) were the top destinations.

Who are the major Gold Buyers?

Key buyers included Pro Star International FZE ($44.53M) and Italpreziosi S.p.A ($35.21M), indicating a mix of regional and international refiners.

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).