Why Colombia's Cocaine Production Keeps Setting New Records

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Colombia's cocaine production has reached record highs, accounting for over 67% of the global supply, despite efforts to curb it, including the downfall of major cartels and the US war on drugs.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Colombia's cocaine production has spiraled out of control over the past 30 years. Even the downfall of the Medellin and Cali Cartels, along with the death of Pablo Escobar on a suburban Medellin rooftop, did little to impact production. By the 1990s, Colombia had overtaken Peru to be the world’s leading supplier of the narcotic. An ignominious title Colombia holds today, with it responsible for over 67% of the global supply. Washington’s war on drugs, with the White House investing considerable resources, including advisers, weaponry…

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Original article published by OilPrice.com on January 8, 2026.
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