Jamiaca’s exports to Caricom up

Jamaica’s total exports to CARICOM for the January to July 2014 period increased by US$7.5 million or 17.8 per cent to US$50 million compared to the 2013 period.
Imports from CARICOM region same period declined by 4.4 percent or US$21.4 million to US$468.4 million as were lower imports of Mineral Fuels, in July 2014. Mineral Fuels, declined by 1.8 percent or US$5.7 million to US$317 million for the seven months. Food fell by 12.8 percent or US$12.6 million to US$85.8 million, Beverages & Tobacco by 10.1 percent and Manufactured Goods moved from US$13.3 million to US$12.8 million. Imports of Chemicals however rose by 5.9 percent or US$1 million to US$16.7 million.
At the end of January to July 2014, Jamaica incurred a trade deficit of US$418.5 million with her CARICOM partners which was below the US$447.4 million in the comparable 2013 period.