Cayman Islands general election Wednesday 11:36 AM
T&T police find severed head at racetrack 11:28 AM
Debt crisis high among issues at CDB annual meeting 9:43 AM
Earthquake felt in eastern Jamaica 9:37 AM
Youth arrested after Toots injured in US 8:43 AM
Man accused of killing Jamaican 14-y-o thought she was pregnant - NYPD 8:06 AM
News
Slight jump in domestic exports
Friday, October 12, 2012
JAMAICA'S earning from total exports for the first five months of the 2012 was valued at US$715.3 million, with domestic exports increasing by 1.08 per cent over the similar period last year.
President of the Jamaica Exporters Association (JEA), Vitus Evans, presented the figure at Tuesday's quarterly media briefing in Kingston.
Evans said that of the US$715 million, total domestic exports accounted for US$692.7 million, and re-exports, US$22.6 million. The US$692.7 earned from total domestic exports was 1.08 per cent more than the US$684.76 million for the similar period in 2011.
Evans noted that during the period, non-traditional domestic exports grew by seven per cent to US$319 million. Of this, food exports increased by almost seven per cent, valuing US$60.3 million. This was boosted by strong performances from non-traditional food exports, such as pawpaw, which made over US$2.36 million, a 193 per cent increase over the previous year.
Earnings from juices, excluding citrus, amounted to US$3.58 million, US$1 million more than last year, while animal feed earnings grew by 40 per cent to US$3.6 million and fruits and fruit preparations increased by 74 per cent to US$3.3 million.
The JEA president theorised that new players investing in areas, such as agro-processing, have accounted for the boost in export earnings.
He stated that with the exception of manufacturing, all other traditional domestic exports reflected decreased earnings with the biggest drop seen in the mining and quarrying category.
Other Stories
How Senate President Floyd Morris overcame the horrible sentence of blindness
Is migrating Senate President a coward?
Political parties alone can't do it — Phillips
Bunting offers sweeteners to cops in exchange for wage freeze
Call to 'tun up parenting' at Glad Tidings career day
MPs shun Daryl's call to take pay cut
Sister dies a fortnight after brother
Obama's ratings hold steady despite 'scandals'
'We're coming for you,' East Kingston cops tell gunmen
Honeybees trained to find landmines
J'can-born 'Doc' jailed in US for murder in aid of racketeering
Met Service ready for above average hurricane season
Caribbean talks conservation on Branson's island
Person-of-Interest 'Mansaw' surrenders to police
Cayman Islands general election Wednesday
T&T police find severed head at racetrack


