Cocaine revenue topped Colombia's oil exports in 2024, a new study found, as production keeps sliding under Petro's drilling ban.

A new study finds Colombia's cocaine economy hit a record 4.4 percent of GDP in 2024, overtaking oil, its top legal export, for the first time since 2014.

Colombia's illegal cocaine trade generated more revenue than the country's oil exports in 2024, becoming its largest source of foreign currency.

Cocaine revenue topped Colombia's oil exports in 2024, a new study found, as production keeps sliding under Petro's drilling ban.