IMPORT S DOWN 1.2%, DOMESTIC EXPORT S DOWN 54.4% IN MARCH 2019

Decreasing Categories: Marked decreases across three of the major categories were the main cause of the slight drop in overall imports for the month. Goods classified as ‘Other Manufactures’ fell by $5.4 million, from almost $17 million in March 2018 to $11.6 million in March 2019, on account of fewer purchases of rangefinders, gold jewellery, lamps and lighting fixtures. Imports into ‘Designated Processing Areas1 ’ declined by almost $3 million, from $5.1 million to $2.1 million, as the country bought notably less food preparation equipment and their parts as well as metal tanks in March of this year, when compared to last March. Furthermore, owing to smaller quantities of imported premium, diesel and kerosene fuels, the ‘Mineral Fuels and Lubricants’ category diminished by $2.5 million for the month, falling from $25 million to $22.5 million.

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