Previous Thread
Next Thread
Print Thread
Imports down 29%, Domestic Exports Down 20.4% in November 2020 #547192
12/30/20 03:22 PM
12/30/20 03:22 PM
Joined: Oct 1999
Posts: 83,970
oregon, spr
Marty Offline OP

Marty  Offline OP
Merchandise Trade

The Statistical Institute of Belize’s latest figures for Belize’s total imports for the month of November 2020 were valued at $128.4 million. This represented a 29 percent or $52.5 million decrease from the same month in 2019 when imports totalled $180.8 million. Merchandise imports for the first eleven months, January to November 2020, amounted to $1.4 billion, representing a 21.1 percent or $381 million decrease from the same period last year, where imports totaled $1.8 billion.

Total domestic exports for November 2020 amounted to $21.5 million, down by 20.4 percent or $5.5 million when compared to exports for November 2019, which were valued at just over $27 million. Merchandise exports for the period January to November 2020 totaled $346.5 million, down 10.7 percent or $41.4 million from the same period last year.

Click the following link to read more: External Trade, November 2020

Re: Imports down 29%, Domestic Exports Down 20.4% in November 2020 [Re: Marty] #547199
12/31/20 04:52 AM
12/31/20 04:52 AM
Joined: Oct 1999
Posts: 83,970
oregon, spr
Marty Offline OP

Marty  Offline OP
In Slowed Economy, Exports and Imports Decrease

COVID numbers aren't the only ones decreasing, as imports and exports were down last month. Imports saw a decrease of 52.5 million dollars, or 29%.
Imports fell across almost all commodity categories, with the 'Mineral Fuels and Lubricants' and 'Commercial Free Zones' categories recording the steepest declines compared to November of last year.

'Beverages and Tobacco' was the only category to have seen an increase in the month. A spike in imports of mainly beer led to a growth of $4 million, as imports within that category more than doubled from $3.2 million in November 2019 to $7.2 million in November 2020.

Domestic exports went down 5.5 million dollars, or 20.4%. Earnings from marine products declined significantly by almost two thirds, which was by far the largest decrease observed among export commodities during the month. Earnings from citrus products fell, although only slightly, from $3.6 million to a little over $3 million, due to smaller exports of grapefruit concentrate.

Both sugar and bananas saw modest increases in earnings in November. Revenues from sugar went up from $2 million in November 2019 to $3.1 million in November 2020, while earnings from bananas grew from $7.3 million to almost $8 million.

Channel 7

Portofino Resort- Now with a new BEACH BAR!!
Click for excellent scuba lessons with Elbert Greer!
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
Maruba Beach Klub and Spa is the premiere Secret Beach spa and restaurant located on the crystal blue waters of the Caribbean Sea at the center of Secret Beach, Belize
First Class Accommodations for the Budget Traveler
First Class Accommodations for the Budget Traveler

Things to do
Specials & Events
SPTB Calendar of Events

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites
To Get Your Questions Answered

Event Guides
Event Calendar
Specials & Events
Things to Do
Cayo Event Calendar

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Belize Happy Adventures
Conch Creative
Caribbean Culture & Lifestyle
More Blogs...
Search thousands of Belizean-only websites
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
Click for the Thrifty Dollar Golf Club Rental website!
Click for Ian Anderson's Caves Branch, Welcome to a World of Adventure
Lil Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31
Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
ShoutChat Box
Who's Online Now
1 registered members (Highlandsue), 66 guests, and 0 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Most Online7,413
Nov 7th, 2021 HELP! Visitor Center Goods & Services San Pedro Town Message Board Lodging Diving Fishing Things to Do History Maps Phonebook Belize Business Directory Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.

Powered by UBB.threads™ PHP Forum Software 7.7.1