The Jamaica Customs Agency (JCA) says for the five year period commencing January 1, 2016 to December 31, 2020, the total value of exported goods declared was US$15.1 billion.
Of this amount, bank and currency notes accounted for 53 per cent, bauxite accounted for 27 per cent, petroleum products accounted for 4 per cent, and all other commodities (merchandise exports) accounted for 16 per cent.
According to the JCA revenue analyst Shornalee Jackson, the value of merchandise exports averaged US$465 million annually over the last five years.
Between the period 2017 and 2017, the export value grew by US $39 million or 8 per cent from US$464 million in 2016, to US$503 million in 2017.
It then declined by 12 per cent US$55 million to US$448 million in 2018, but picked up in 2019 when it grew by US$7 million or 2 per cent to US$455 million.
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