The Statistical Institute of Jamaica (STATIN) is reporting that the country’s trade deficit for 2018 amounted to $4.2 billion.

That was a 1.8 per cent increase over 2017.

STATIN says expenditure on imports amounted to $6 billion which was 10.7 per cent higher than the similar period in 2017.

Revenue from total exports increased by 37.8 per cent.