Jamaica imported over $2 billion dollars worth of goods between January and April this year. That’s a nearly 9% increase when compared to the similar period last year.
The numbers are reported in the International Merchandise Trade Bulletin released by the Statistical Institute of Jamaica, STATIN, Friday.
The April 2019 Bulletin shows export earnings amounted to over half a billion US dollars for the review period.
That’s about 2% lower than the amount earned in the same period in 2018.
Export to the United States declined slightly, with over $US200 coming in.
Meanwhile, Jamaica imported over $US1 billion worth of goods from the United States – its main trading partner.
This is almost 24% higher than the same period last year.
STATIN says the categories “Mineral Fuels, etcetera”, “Machinery and Transport Equip.” and “Food” were the major commodities that saw more imports.
The country imported over $US600 million in “Mineral Fuels Etcetera”, an increase of almost 16%.
STATIN says this increase was mainly due to higher imports of ‘Road Vehicles’ and ‘Electrical Machinery, Apparatus, and Appliances.
In the meantime, “Food” imports were valued at over $US300 million or 9 % more compared to the similar period in 2018.