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0_public:geography_and_regions:latam:colombia [2025/01/27 20:02] – removed - external edit (Unknown date) 127.0.0.10_public:geography_and_regions:latam:colombia [2025/01/27 22:35] (current) – [Colombia] pointnm
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 +====== Colombia ======
  
 +If the US imposes a 25% tariff on all Colombian exports, the already red-hot coffee market is going to get even hotter.  Colombia is the world’s top-3 coffee producer (and a key source of premium Arabica beans)((2025))
 +
 +{{:0_public:geography_and_regions:us-yearly-imports-from-colombia.jpeg?400|}}
 +
 +The US imported some 185 kbd of Colombia crude oil in 2024 and its vast majority was heavy sour Castilla accounting nearly 70%.((2025))
 +
 +<wrap hi>Colombia plays a significant role in the US oil market, having exported approximately 41% of its seaborne crude oil to the US in the previous year (2024)</wrap>, according to data from Kpler, an analytics firm.((https://archive.ph/JOkXv#selection-8063.0-8066.0)) ((2025))
 +
 +
 +==== Crude Oil ====
 +
 +<wrap hi>Colombia’s key export grades are heavier crudes</wrap>, and so refiners in the US Gulf Coast will either have to find alternatives or face higher costs.((https://archive.ph/4P9ZX#selection-1095.685-1095.830)) ((2025))