The Statistical Institute of Jamaica (STATIN) is reporting that Jamaica's food and consumer goods import bill for the first quarter of 2025 amounted to US$519.4 million, exceeding the country's total merchandise exports, which stood at US$485.2 million during the same period.
The data highlights a persistent trade imbalance, with STATIN noting that for every US$1 earned from exports, Jamaica spent approximately US$3.90 on imports.
The figures underscore the country's continued reliance on imported goods, particularly in the food and consumer sectors, and raise concerns about the sustainability of the trade gap.
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