Ecuador 's crude oil export revenue totaled $5.05 billion for the January-July period, a 71% increase from $2.96 billion a year earlier, due to higher oil prices, the Central Bank of Ecuador reported Monday.

The average price of crude in the seven-month period jumped about 66% to $70.37 a barrel from $42.36 a barrel in the 2009 period.

By volume, Ecuador exported 71.73 million barrels in the first seven months of this year, 3% above the 69.84 million barrels registered last year.

That translates into exports of 338,349 barrels a day between January and July from 329,434 barrels a day a year earlier.

According to the official data, of the total exported by the country, 17.73 million barrels, or 25%, were sold by private companies operating in Ecuador , bringing in revenue of about $1.24 billion. The remainder was exported by state-run Petroecuador.

All figures have been rounded.
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