Vector control information shared in Corozal villages
February 26, 2015
Expansion to Hol Chan Marine Reserve inaugurated
February 26, 2015

Statistical Institute reports lower prices, widening trade imbalance

Posted: Thursday, February 26, 2015. 10:36 pm CST.

CPI statistics for January

CPI statistics for January

Thursday, February 26, 2015. AARON HUMES Reporting: The first statistics for 2015 by the Statistical Institute of Belize (SIB) were released this week.

In the area of external trade, imports rose slightly and exports fell over the previous year.

Belize imported $141 million worth of goods and exported just $28.9 million.

There were no crude petroleum exports for the month of January, negating rises in exports of major commodities including sugar, bananas and marine products.

There was a shift away from the U.S. as main export partner toward the United Kingdom (U.K.), mainly in farm shrimp and bananas.

Export statistics for January

Export statistics for January

In the area of imports, Belize is importing less diesel, seeing a drop of $10 million in mineral fuel and lubricants, as well as less whiskey and food and live animals.

However, the Commercial Free Zones are importing more cigarettes, shrimp feed imports and detergents, paints and construction materials, resulting in increases in these categories.

Mexico, Central America and China (People’s Republic) account for primary trading partners in this period.Measured year-over-year, consumer prices fell by 1.1% in January, mainly due to lower fuel prices and food prices, particularly for staples such as red kidney beans and eggs.

However, home rental prices are up 1.5% over last year.

Punta Gorda Town saw an average price increase of 0.3%, the only municipality to do so.

The central section of the country led the declines, with Belmopan’s prices down 1.8%, San Ignacio/Santa Elena 1.3% and Belize City 1.2% down from last year.

The Consumer Price Index and external trade statistics are released monthly and are available on the SIB website.


Аdvеrtіѕе wіth thе most visited news site in Веlіzе ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Веlіzе аnd аbrоаd! Соntасt uѕ аt [email protected] оr саll uѕ аt 501-601-0315.


© 2015, BreakingBelizeNews.com. This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.

  • Galen University
  • larry waight
  • Galen University

Leave a Reply

Your email address will not be published. Required fields are marked *