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Cocaine exports overtook oil as Colombia’s largest export at $16.5 billion

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  • EAFIT University reported that cocaine became Colombia’s largest export in 2024.
  • $16.5 billion in illegal cocaine exports exceeded $15 billion from petroleum.
  • Cocaine’s GDP share rose from 0.8% in 2013 to approximately 4.4% in 2024.
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Cocaine exports overtook oil as Colombia’s largest export at $16.5 billion - CoinPost Terminal