Jamiaca Exports fall

Jamaica’s domestic exports for the first seven months of 2014, declined compare with the similar period in 2013.
Traditional exports earned US$453 million during the period falling by 5.3 percent or US$25.6 million below the amount recorded during the 2013 period. Mining and Quarrying earned US$368 million as the major commodity Alumina recorded lower earnings in the 2014 period. Agriculture was valued at a mere US$12.8 million and Manufacture US$72.3 million.
In the 2014 review period Non-traditional domestic exports during the January to July 2014 period accounted for 44.3 percent of domestic exports but total earnings for the newer export items fell by US$91 million or 20.2 percent to US$360 million. reduction of ethanol would have been one of the major factor for the lower export earnings as world market prices were not conducive for the production of this fuel.