Asoexport: dollar decline has cost coffee exporters nearly $2 billion

FinanceColombiaVanguardiaOct 23, 2026, 12:32 PM40 s readAI summary

Gustavo Gómez, president of Asoexport, said the dollar's decline has cost the coffee sector close to $2 billion in exports. The peso has appreciated nearly 20% since the start of the year, with the exchange rate moving from levels of $5,000 to below $3,200. Production fell to 8.94 million bags, 10% less than a year earlier, and the guild expects to close 2026 at 12 million bags versus 13 or 14 million in 2025.

In 40 seconds

Asoexport estimates the dollar's decline has cost coffee exports close to $2 billion.
The peso has appreciated nearly 20% since the start of the year: the rate moved from $5,000 to below $3,200.
Production fell to 8.94 million bags, 10% less than a year earlier; 2026 is expected to close at 12 million.

Read the full story at Vanguardia

IASummary generated by artificial intelligence from a story by Vanguardia. It may contain errors: the original source prevails.

café
exportaciones
tasa de cambio
Asoexport
agro

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Asoexport: dollar decline has cost coffee exporters nearly $2 billion

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