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Business, Companies & Organizations

SIB release statistics for September

SIB STATS.00_00_01_19.Still001

The Statistical Institute of Belize (SIB STATS VO) reports that the month of September saw a 0.6% decrease in the value of Belize’s imported goods as compared to September 2018. Among decreased categories, Machinery and Transport Equipment declined by $5.3 million, from $34.6 million to $29.3 million. Imports of Manufactured Goods dropped by $2.6 million, from $20.6 million to $18 million.

The Statistical Institute of Belize reports that the month of September saw a 0.6% decrease in the value of Belize’s imported goods as compared to September 2018. Among decreased categories, Machinery and Transport Equipment declined by $5.3 million, from $34.6 million to $29.3 million. Imports of Manufactured Goods dropped by $2.6 million, from $20.6 million to $18 million. The Mineral Fuels and Lubricants category went down from $21.3 million in September 2018 to $19.3 million in September 2019. SIB reported that Merchandise imports increased by 2.8% for the period January to September of 2019 when compared with the same period last year. Significant growth was recorded for the categories of Mineral Fuels and Lubricants, Manufactured Goods and Commercial Free Zones during the period. Despite greater imports across most commodity categories, notable decreases were observed within the categories of Machinery and Transport Equipment, Other Manufactures and Designated Processing Areas. Total domestic exports for September 2019 saw a decrease of 7% compared to September 2018. Revenues from sugar fell from $20.7 million in September 2018 to $19.5 million in September 2019. Marine exports, on the other hand, went up slightly when compared to the same month of last year, from $3.1 million to $3.2 million. SIB also stated that Belize’s monthly Consumer Price Index for the month of September showed a decrease of 0.1% in consumer prices.

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