Imports decline 17 in first quarter of 2019

Thu, Aug 8th 2019, 08:24 AM

There has been a notable decline in imports during the first quarter of the year, according to the most recent foreign trade data.

The total value of imports in the first quarter of 2019 was $708.9 million, a 17 percent decrease from the $850.9 million in the first quarter of 2018.

“The major groups of merchandise, were ‘food and live animal’ which totaled $132 million, ‘machinery and transport equipment’ at $129 million and ‘mineral fuels, lubricants and related materials’ which totaled $128 million. The combined value of these categories represented 55 percent of total imports,” the Foreign Trade Statistics Quarterly Report released by the Department of Statistics notes.

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