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Exports continue to increase

  Output from Jamaica's export sector continues to increase.

According to figures from the Statistical Institute of Jamaica (STATIN) domestic exports for the January to July period earned the country US$1.3 billion.

This represented a US$214 million or 18 per cent increase over the corresponding period last year.

Traditional exports during the seven months were valued at UAS$968 million, an increase of US$160 million or just under 20 per cent.

Despite the increase Jamaica still recorded a massive trade deficit.

As was reported by this programme Tuesday, Jamaica suffered a US$2.1 billion deficit during the seven months.

 

 



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