Jamaica’s imports for January to April 2020 were valued at US$1,680.6 million, a 23.1 per cent decline when compared to the US$2,186.7 million spent for the same period in 2019.

The figures regarding the decline in imports, among others, were released earlier this week by the Statistical Institute of Jamaica (STATIN), thorough its International Merchandise Trade (IMT) Bulletin.

Revenue from exports amounted to US$425.1 million for the current review period, 24.1 per cent lower than the US$560.3 million earned in the similar period in 2019.

Expenditure on imports from the United States of America (USA) – Jamaica’s main trading partner was valued at US$637.7 million. This is 40.2 per cent below the US$1,067.1 million recorded for the period January to April 2019.

http://www.jamaicaobserver.com/sunday-finance/jamaica-s-import-spend-declines-export-also-down-for-january-to-april-2020_199769