7 News Belize

Exports Down Due to Primary Sector Shortfalls
posted (June 27, 2018)

So, basically, the productive sector had major downturns - which also created a decline in exports. Tiffany Vasquez outlined where the biggest export losses were concentrated:…

Tiffany Vasquez - Statistician II
"For the period January to May 2018 Belize's total domestic exports were valued at 190.6 million dollars, this was a decrease of 19.8 percent or almost 47 million. This overall decline was the outcome of diminished earnings from most of Belize's major exports. Significant losses in export earnings from sugar was the primary cause of this down turn as the loss of preferential rates for Belize's sugar and the European market heavily impacted that commodity."

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