External Trade, May 2014

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EXTERNAL TRADE STATISTICS January - May 2014

description

Statistical Institute of Belize releases external trade data

Transcript of External Trade, May 2014

Page 1: External Trade, May 2014

EXTERNAL TRADE STATISTICS

January - May 2014

Page 2: External Trade, May 2014

IMPORTS (Jan-May) • In the first five months of 2014, Belize

imported goods totalling $796.7 million.

• The largest increase was in ‘Mineral Fuels and Lubricants’ category ($20mn).

• ‘Other Manufactured Goods’ ($13mn).• The only two categories to show a decline

were: ‘CFZ imports’ ($16mn) & ‘Manufactured Goods’ ($0.5mn).

Jan - May 2014

Jan - May 2013

Difference % D

$796.7mn $742.8mn $53.8mn 7.3 %

Page 3: External Trade, May 2014

Belize’s IMPORTS by origin• Our largest source

of imports was the USA with $250mn or 31% ($6mn).

• Curaçao accounted for $117mn or 15%. The largest absolute increase ($15mn).

• $115mn or 14% of imports came from Central America. ($12mn)

Page 4: External Trade, May 2014

DOMESTIC EXPORTS (Jan-May)

• Export receipts totaled $254.7 million. • Decrease of $77 million or 23% over

2013.

Jan - May 2014

Jan - May 2013

Difference % D

$254.7 mn $331.3mn $76.5mn

Page 5: External Trade, May 2014

• Crude petroleum, Sugar and Orange concentrate combine for $64mn of total decrease.

• Receipts from minor exports remained at $41mn.

• Two products accounted for almost half of this figure: Animal feed ($12mn) & RK beans ($7mn).

Page 6: External Trade, May 2014

Exports by destination (Jan-May)

• The EU was our largest source of revenues. ($107mn or 42%)

• The USA accounted for $84mn or 33% of export receipts.

OTHER

MEXICO

CARICOM

USA

EU

12

23

29

84

107 42%

33%

11%

9%

5%