Jamaica's trade deficit widened in 2025 as import spending continued to outpace export earnings.
Figures released by the Statistical Institute of Jamaica (STATIN) show that the country spent US$7.5 billion on imports between January and December.
This represents a 3.2 per cent increase over 2024, driven mainly by higher spending on raw materials and consumer goods.
Meanwhile, total export earnings fell sharply to $1.65 billion down 13.4 per cent compared to the previous year.
STATIN says the decline was largely due to a more than 20 per cent drop in earnings from crude materials, excluding fuels.
comments powered by Disqus
All feeds
