UPDATE 1-Colombia exports climb 37.2 pct in Feb – govt

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BOGOTA, April 7 (Reuters) – Colombia’s exports rose 37.2
percent in February to $3.95 billion versus the same month a
year earlier, the DANE statistics agency said on Thursday.

Latin America’s No. 4 oil producer is expected to grow more
than 5 percent this year as the economy continues on a recovery
path from the global financial crisis.

Traditional exports — which include coal, oil, coffee and
ferronickel — grew 52.2 percent to $2.73 billion compared with
February 2010 while nontraditional exports such as flowers and
chemicals increased 12 percent to $1.2 billion, it said.

The world’s fifth-largest coal exporter saw output of the
material rise 13.5 percent to 6.1 million tonnes, worth $577
million in February versus a year ago, it said.

The value of oil and products exports went up 53.4 percent
to $1.82 billion in the second month of the year compared with
the same month of 2010, the agency said in a statement.

Nearly half of exports went to the United States —
Colombia’s biggest trade partner — with the European Union
coming in 2nd place with 15 percent.

The Andean nation usually runs its main trade surpluses
with the United States and Venezuela, and its key deficits with
Mexico and China principally. For a graphic on Colombia’s top
trade partners click: http://r.reuters.com/deg28r

The DANE will release imports and the trade balance for
February on April 15.
(Reporting by Bogota Newsroom; Editing by Diane Craft)

UPDATE 1-Colombia exports climb 37.2 pct in Feb – govt