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Increase seen in imports

Jamaica's imports were 25 per cent higher as at November 2021.

The Statistical Institute of  Jamaica (STATIN) says total spending on imports amounted to US$5.4 billion - it was  at $4.3 billion during the same period in 2020.

The increased spend was driven by higher imports of  "Fuels and Lubricants", "Raw Materials/Intermediate Goods", and "Consumer Goods".

 Meanwhile, Jamaica's export earnings during the period rose 20 percent.


STATIN says total exports were valued at US$1.3 billion up from US$1.1 billion  in the same period in 2020. 

The increase was driven mainly by higher exports of  "Mineral Fuels", which rose by 94 per cent.



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