Colombia’s exports rose 28% in May compared with the same month last year, according to statistics agency DANE, Reuters reports.
Exports rose to $3.51 billion in May 2010, up from $2.74 billion in May 2009, with traditional exports increasing 51% to $2.14 billion.
Colombia’s traditional exports are oil, coal, ferronickel and coffee.
The government said on Wednesday that the rise was driven by petroleum and related products.
Exports for the January-May period increased by 26.6% in comparison to the same period in 2009, to $16.13 billion, with traditional exports growing by 58.1%, according to DANE.
The Colombian Central Bank announced last month that the current account deficit was $1.39 billion in the first quarter, up from $1.01 billion in the same period last year.
