rnal trad bullin etb statistical institute of belize · 2016-08-31 · | 2 | external trade...
TRANSCRIPT
For more information contact Data Dissemination Department at telephone number 822-2207/2352 or e-mail at [email protected] Excel version of the tables contained in this release can be downloaded from our website at www.sib.org.bz
Date of Release: August 31st 2016
ETBExternal Trade Bulletin
JULY 2016
StatisticalInstitute ofB E L I Z E1902 Constitution DriveBelmopan, Belize C.A.Phone: 501.822.2207 / 2352 • Fax: 501.822.3206Email: [email protected] • Web: www.sib.org.bz
EXPORTS
JULY: Total domestic exports for July 2016 amounted to $30 million, down 53 percent or $33.9 million when compared to $63.9 million in exports for the month of July 2015.
As occurred in June, a change in the scheduling of bulk shipments of sugar was the main cause of this decline, with sugar exports for the month valued at $7 million compared to $32 million in July of last year. Of note, July 2016 marked the first shipment from sugar producer Santander, which supplied almost $6 million of the total exports of this product for the month.
Crude petroleum, another of the country’s major commodities, recorded no exports for the month of July 2016, in contrast to the $5 exported during July of last year. Sales of marine products also dropped sharply, from $8 million to $4.5 million, as shrimp exports were minimal for the month of July 2016. Banana sales decreased only marginally during the month.
Citrus was the only major export to have performed positively in the month of July 2016, growing by over a million dollars, from $3.9 million to $5.2 million, owing to favourable orange concentrate sales.
FIRST SEVEN MONTHS OF THE YEAR: Merchandise exports for the period January to July 2016 totaled $261.8 million, down almost one third or $106.8 million from the $368.7 million recorded for same period last year.
All major exports, with the exception of citrus, fell during the first seven months of 2016 when compared to the same period last year. With shrimp exports at only a small fraction of what they were for this period in 2015, sales of marine products dropped by more than two thirds, from $59 million to $19 million. Sugar, which saw a 13 percent reduction in the volume of exports, faced a loss of more than one third in export revenues, from $104 million to $68 million, as prices fetched on the European market remained lower than they were in 2015. Earnings from crude petroleum dropped by almost one half, from $23.5 million to $12.5 million, the result of a decline in the quantity exported and coupled with lower world market prices. Banana exports declined by 30 percent compared to the same seven month period in 2015.
Citrus emerged as the sole major export that saw improved earnings over the period January to July 2016. Belize benefited from favourable world market prices, allowing for an increase of $5 million in citrus earnings, despite a drop in the volume of citrus concentrate exported.
IMPORTS
JULY: Belize’s total imports for the month of July 2016 were valued at $173 million. This was a decrease of 8.8 percent or $16.7 million from imports for July 2015, which totaled $189.7 million.
Imports for July 2016 were down across most major categories when compared to July 2015, with the largest declines being in imports of ‘Mineral Fuels and Lubricants’ and goods destined for the ‘Export Processing Zones’, which fell by over $8 million each. The decline in ‘Mineral Fuels and Lubricants’ resulted from a drop of more than one half in the quantity of diesel fuel imported coupled with the fact that no premium gasoline came into the country during the month. Decreased purchases of shrimp feed, generators, electric motors and gaming machines caused the drop in imports for ‘Export Processing Zones’. Additionally, decreased importation of fertilizers led to a $4 million drop in the ‘Chemical Products’ category, while items headed for the ‘Commercial Free Zones’ were reduced by the same amount, as purchases of textile material and clothing declined in comparison to July 2015.
‘Machinery and Transport Equipment’ was one of the few categories that saw any significant increase during July 2016, as higher purchases of four-cylinder and diesel vehicles resulted in growth of almost $5 million. The ‘Other Manufactures’ category was up by almost $4 million, driven by increased imports of prefabricated steel buildings, laboratory plastics, electric lamps and lamp fittings, while the ‘Food and Live Animals’ category rose by over $1 million, the result of a rise in purchases of various food items.
FIRST SEVEN MONTHS OF THE YEAR: Merchandise imports for the seven months from January to July 2016 totaled $1.1 billion, representing a 3.4 percent or $40.2 million decrease from the same period last year. The categories of ‘Mineral Fuels and Lubricants’, ‘Commercial Free Zones’, ‘Export Processing Zones’ and ‘Manufactured Goods’ fell by a combined $107. These were partially offset by sizeable increases in purchases of ‘Machinery and Transport Equipment’ and ‘Food and Live Animals’, which together grew by almost $60 million.
IMPORTS AND EXPORTS BOTH DOWN IN JULY Figure 1: Monthly Gross Imports and Domestic Exports; July 2011 - July 2016
142.8 153.6172.1
185.8 189.7173.0
40.063.1 59.8 55.4 63.8
30.0
Jul-11 Jul-12 Jul-13 Jul-14 Jul-15 Jul-16
Mill
ions
of B
Z Do
llars
IMPORTS EXPORTS
Figure 2: Composition of Gross Imports by Type;July 2016
Figure 4: Composition of Exports by Destination; July 2016 (Millions of BZ Dollars)
Figure 3: Composition of Domestic Exports by Type;July 2015 and July 2016
| 2 | External Trade Bulletin for July 2016 • Statistical Institute of Belize
Table 1: Value of Belize’s Imports and Exports by Section of the S.I.T.C for July of 2015 and 2016
(BZ $’000)
S.I.T.C Section Imports (C.I.F)Exports (F.O.B)
Balance of TradeDomestic Re-Exports Total
Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15
Food and Live Animals 22,925.2 21,866.3 28,073.4 55,807.7 289.18 354.2 28,362.6 56,161.9 5,437 34,296
Beverages and Tobacco 4,399.9 4,450.4 52.9 15.9 1,552.98 1,629.3 1,605.9 1,645.2 (2,794) (2,805)
Crude Materials 1,921.5 2,640.3 1,512.7 2,158.8 26.98 39.1 1,539.6 2,197.9 (382) (442)
Mineral Fuels & Lub. 15,763.6 24,186.0 - 5,255.8 2,003.74 497.8 2,003.7 5,753.6 (13,760) (18,432)
Oils and Fats 1,366.9 1,564.1 - 0.2 - - - 0.2 (1,367) (1,564)
Chemical Products 14,017.7 18,097.1 319.9 582.2 186.19 489.4 506.0 1,071.6 (13,512) (17,026)
Manufactured Goods 20,843.6 21,519.7 37.0 59.3 168.17 106.9 205.2 166.1 (20,638) (21,354)
Mach. & Transp. Eqt 43,847.9 39,279.6 7.1 - 977.67 1,905.6 984.7 1,905.6 (42,863) (37,374)
Other Manufactures 18,139.0 14,585.1 4.8 0.2 2,837.90 1,175.2 2,842.7 1,175.3 (15,296) (13,410)
Commodities n.e.s 339.8 - - - - - - - (340) -
Commercial Free Zone 26,006.9 29,884.0 - - 1,931.53 695.7 1,931.5 695.7 N.A N.A
Export Processing Zones 2,872.5 11,231.1 - - - - - - (2,873) (11,231)
Personal Goods 525.2 362.7 - - 186.68 123.2 186.7 123.2 (338) -239.45658
Total 172,969.77 189,666.4 30,007.70 63,880.1 10,161.03 7,016.4 40,168.7 70,896.5 (108,725.6) -89,581.6*
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
* Balance of Trade excluding CFZ
Table 2: Value of Belize’s Imports and Exports by Major Trading Partners for July of 2015 and 2016
(BZ $ ‘000)
Country Imports (C.I.F)Exports (F.O.B)
Domestic Re-Exports Total
Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15
United States of America 63,716.3 66,302.9 7,073.9 14,201.9 4,534.7 4,242.1 11,608.7 18,444.0
Mexico 17,662.7 18,609.6 35.7 302.2 336.6 803.1 372.3 1,105.3
United Kingdom 3,695.9 4,927.2 4,562.8 37,463.8 61.2 117.3 4,624.1 37,581.1
Other European Union 5,860.8 4,313.6 10,158.7 5,152.8 88.6 5.6 10,247.3 5,158.4
Panama 9,066.2 6,206.0 45.9 - 592.1 15.2 638.0 15.2
Costa Rica 1,841.8 2,593.8 - - 19.2 13.2 19.2 13.2
Other Central America 13,857.7 20,016.9 260.9 420.0 1,209.1 355.9 1,469.9 775.9
Caricom 5,542.5 4,278.0 5,218.5 4,075.6 32.4 12.1 5,250.9 4,087.7
Canada 2,120.1 1,120.9 - 483.2 64.6 11.3 64.6 494.5
Curaçao 11,164.3 19,552.4 - - - - - -
China 23,349.8 22,048.2 - 91.3 275.7 633.8 275.7 725.1
Other 15,091.6 19,696.9 2,651.3 1,689.1 2,946.8 806.8 5,598.1 2,496.0
Total 172,969.8 189,666.4 30,007.7 63,880.1 10,161.0 7,016.4 40,168.7 70,896.5
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
Table 3: Value of Belize’s Caricom Imports and Exports by Section of The S.I.T.C for July of 2015 and 2016
(BZ $ ‘000)
S.I.T.C Section Imports (C.I.F)Exports (F.O.B)
Balance of TradeDomestic Re-Exports Total
Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15
Food and Live Animals 622.4 638.8 5,032.9 4,040.6 - - 5,032.9 4,040.6 4,411 3,402
Beverages and Tobacco 3,143.9 2,417.1 - - - - - - (3,144) (2,417)
Crude Materials 6.7 34.3 113.0 - - - 113.0 - 106 (34)
Mineral Fuels & Lub. 0.1 - - - - - - - (0) -
Oils and Fats 1.2 - - - - - - - (1) -
Chemical Products 799.8 455.7 43.8 - - - 43.8 - (756) (456)
Manufactured goods 422.1 349.1 28.8 35.1 32.4 12.1 61.2 47.2 (361) (302)
Mach. & Transp. Eqt 296.1 266.0 - - - - - - (296) (266)
Oth. Manufactures 237.9 45.1 - - - - - - (238) (45)
Commodities n.e.s - - - - - - - - - -
Commercial Free Zone - - - - - - - - N.A N.A
Export Processing Zones - 71.9 - - - - - - - (72)
Personal Goods 12.5 - - - - - - - (12) 0
Total 5,542.5 4,278.0 5,218.5 4,075.6 32.4 12.1 5,250.9 4,087.7 (291.6) -190.3*
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
* Balance of Trade excluding CFZ
| 2 | External Trade Bulletin for July 2016 • Statistical Institute of Belize Statistical Institute of Belize • External Trade Bulletin for July 2016 | 3 |
Table 4: Value of Belize’s Imports and Exports to Caricom Countries for July of 2015 and 2016
(BZ $ ‘000)
S.I.T.C Section Imports (C.I.F)Exports (F.O.B)
Domestic Re-Exports Total
Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15
Antigua & Barbuda - - 31.3 - - - 31.3 -
Barbados 356.8 202.3 525.3 279.1 - - 525.3 279.1
Dominica - - - - 17.5 - 17.5 -
Grenada 247.4 414.8 54.2 - - - 54.2 -
Guyana 294.3 36.7 105.7 291.9 - - 105.7 291.9
Haiti - - 35.7 - - - 35.7 -
Jamaica 1,685.9 819.0 2,561.1 2,124.1 - - 2,561.1 2,124.1
St-Kitts & Nevis 124.5 127.1 55.8 24.9 - - 55.8 24.9
St-Lucia 906.6 454.1 - 48.0 2.7 - 2.7 48.0
Montserrat 0.0 - - - - - - -
Surinam - - - 185.7 - - - 185.7
Trinidad & Tobago 1,533.6 1,511.1 1,849.6 1,121.9 - - 1,849.6 1,121.9
St Vincent & Gren. 393.5 712.9 - - 12.1 12.1 12.1 12.1
Total 5,542.5 4,278.0 5,218.5 4,075.6 32.4 12.1 5,250.9 4,087.7
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
Table 5: Belize’s Major Domestic Exports by Value of the Total Gross Domestic Exports for July of 2015 and 2016
(BZ $ ‘000)
Commodity July January - July
2016 2015 2016 2015
Marine Products
Lbs '000 1,956.6 725.3 1,581.5 9,064.3
Value 4,498.1 8,013.6 19,037.3 59,244.6
Sugar
L/Ton 7,135.5 28,986.5 84,240.0 97,385.4
Value 6,705.9 31,753.4 67,988.6 103,625.3
Molasses
Gals '000 1,852.3 2.6 8,238.3 3,459.6
Value 1,564.8 2.4 7,010.9 2,876.7
Orange Concentrate
Gals '000 205.8 121.4 2,314.6 2,621.9
Value 4,420.4 2,857.3 62,058.1 58,421.6
Grapefruit Concentrate
Gals '000 38.4 45.8 286.1 185.4
Value 811.3 1,074.7 6,132.5 4,616.9
Bananas
M/Ton 6,367.0 6,634.6 42,477.5 60,280.4
Value 6,299.0 6,563.8 42,024.0 59,636.8
Sawn Wood
Bd Ft '000 141.2 175.4 321.0 422.8
Value 946.3 1,627.9 2,909.0 3,367.8
Papayas
Lbs '000 336.0 3,108.0 6,581.4 21,584.8
Value 129.1 1,177.9 3,567.3 8,125.4
Crude Oil
Gallons '000 - 2,355.3 8,425.9 9,899.4
Value - 5,234.4 12,522.9 23,531.1
Other Export
Value 4,632.7 5,574.9 38,584.4 45,232.4
Total Value 30,007.7 63,880.1 261,834.9 368,678.5
Source: Statistical Institute of Belize
| 4 | External Trade Bulletin for July 2016 • Statistical Institute of Belize
Table 6: Value of Belize’s Other Exports for July 2016 and 2015
(BZ $ ‘000)
Commodity July January - July
2016 2015 2016 2015
Pepper Sauce
Lbs 79.6 87.8 765.6 697.9
Value 166.5 216.2 1,748.9 1,599.4
Orange Oil
Lbs 25.7 81.8 1,600.5 2,176.7
Value 171.4 271.5 5,189.5 8,018.1
Grapefruit Oil
Lbs 3.3 10.4 49.7 112.0
Value 57.6 284.0 1,148.8 2,425.8
R.K. Beans
Lbs 1,438.2 1,080.7 7,838.1 6,388.4
Value 1,459.6 936.5 6,218.1 6,213.8
Black Eye Peas
Lbs 217.6 706.5 1,965.6 3,143.2
Value 166.4 754.4 1,778.8 3,495.6
Pulp Cells
Lbs 0.8 25.5 3,667.0 2,870.3
Value 0.9 17.5 2,604.7 2,050.8
Animal Feed
Lbs 7,666.9 7,358.2 74,899.3 40,925.1
Value 1,115.9 1,323.0 11,499.7 9,253.5
Corn Meal
Lbs 413.9 719.2 2,275.6 5,431.1
Value 175.3 294.8 927.4 2,233.7
Other Value
Value 1,319.1 1,477.0 7,468.6 9,941.7
Total Value 4,632.7 5,574.9 38,584.4 45,232.4
Source: Statistical Institute of Belize
Table 7: Direction of Trade for Selected Countries for July of 2015 and 2016
(BZ $ ‘000)
CountryImports (C.I.F) Exports (F.O.B)
Domestic Re-Exports Total
Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15 Jul-16 Jul-15
United Arab Emirates 1,390.3 1,042.0 565.9 - - - 565.9 -
Republic Of Austria 255.1 767.6 - - - - - -
Brazil 1,021.7 334.2 - - 122.3 - 122.3 -
Chile 633.6 524.7 - - 0.5 - 0.5 -
Germany,Fedl.Rep.of 1,528.1 585.2 7.5 - 21.2 3.8 28.8 3.8
Denmark 435.9 590.6 - - - - - -
Guatemala 9,804.6 11,948.9 242.7 338.3 480.3 310.1 723.0 648.5
Honduras 2,588.4 3,091.3 - - 712.9 44.5 712.9 44.5
India 2,578.2 3,413.8 - 9.5 10.6 - 10.6 9.5
Japan 1,173.5 1,674.7 176.4 646.6 11.2 38.1 187.6 684.7
South Korea 280.6 726.5 7.1 - - - 7.1 -
Lithuania - 192.4 - - - - - -
Malaysia 418.8 711.9 - - - - - -
Netherlands (Holland) 1,197.0 2,589.5 2,062.9 1,353.4 - - 2,062.9 1,353.4
Russian Federation - - - - - - - -
El Salvador 1,409.9 1,862.5 18.2 81.7 15.2 0.0 33.3 81.7
Thailand 1,142.0 732.0 - - 7.2 - 7.2 -
New Taiwan 1,007.4 855.2 381.2 - - 115.9 381.2 115.9
Venezuela - 28.9 - - - - - -
Vietnam 387.3 1,356.9 - 319.6 - - - 319.6
Source: Statistical Institute of Belize
| 4 | External Trade Bulletin for July 2016 • Statistical Institute of Belize Statistical Institute of Belize • External Trade Bulletin for July 2016 | 5 |
Table 9: Value of Belize’s Imports and Exports by Major Trading Partners for January to July of 2015 and 2016
(BZ $ ‘000)
Country Imports (C.I.F)Exports (F.O.B)
Domestic Re-Exports Total
Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul
2016 2015 2016 2015 2016 2015 2016 2015
United States of America 430,514.6 388,609.8 83,175.1 129,807.2 32,521.9 42,186.3 115,697.1 171,993.5
Mexico 123,837.9 123,666.0 323.4 21,693.4 1,990.1 7,640.2 2,313.6 29,333.6
United Kingdom 16,904.7 18,402.4 88,219.4 118,438.2 506.7 355.4 88,726.2 118,793.6
Other European Union 37,307.8 42,961.1 38,389.6 42,681.1 284.6 6,686.7 38,674.2 49,367.7
Panama 37,998.3 47,073.1 379.1 431.9 1,444.5 856.2 1,823.7 1,288.1
Costa Rica 14,977.9 13,963.4 8.5 4.3 19.4 81.4 27.9 85.7
Other Central America 111,542.8 134,231.1 3,930.8 6,346.4 8,187.6 5,333.2 12,118.4 11,679.6
Caricom 39,556.1 34,152.4 30,428.2 38,689.7 839.8 260.9 31,268.0 38,950.5
Canada 9,250.5 10,356.1 662.2 1,377.8 389.6 229.2 1,051.8 1,607.0
Curaçao 80,572.6 116,241.0 - - - - - -
China 122,186.6 117,646.6 - 326.5 1,916.2 4,934.3 1,916.2 5,260.8
Other 123,204.6 140,745.6 16,318.5 8,882.1 13,541.6 17,932.2 29,860.1 26,814.3
TOTAL 1,147,854.4 1,188,048.6 261,834.9 368,678.5 61,642.2 86,496.0 323,477.1 455,174.5
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
Table 8: Value of Belize’s Imports and Exports by Section of the S.I.T.C for January to July of 2015 and 2016
(BZ $ ‘000)
S.I.T.C Section Imports (C.I.F)Exports (F.O.B)
Balance of TradeDomestic Re-Exports Total
Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul
2016 2015 2016 2015 2016 2015 2016 2015 2016 2015
Food and Live Animals 139,832.0 129,627.2 236,594.3 327,365.2 1,207.3 1,364.5 237,801.7 328,729.7 97,969.65 199,102.49
Beverages and Tobacco 32,627.3 30,417.6 97.3 251.4 3,364.4 7,189.4 3,461.7 7,440.8 (29,165.66) (22,976.80)
Crude Materials 22,117.0 18,254.2 4,403.0 5,361.1 44.0 153.5 4,447.0 5,514.5 (17,670.01) (12,739.67)
Mineral Fuels & Lub. 107,790.5 143,472.4 12,658.9 23,699.3 7,187.5 11,324.6 19,846.3 35,024.0 (87,944.21) (108,448.45)
Oils and Fats 8,202.0 10,201.5 111.0 0.2 20.7 1.0 131.7 1.3 (8,070.34) (10,200.26)
Chemical Products 101,294.5 107,630.3 7,442.8 11,175.6 1,599.2 1,164.7 9,042.0 12,340.4 (92,252.56) (95,289.97)
Manufactured goods 135,424.3 146,080.7 411.2 764.9 1,810.3 10,151.1 2,221.5 10,916.0 (133,202.82) (135,164.77)
Mach. & Transp. Eqt 303,375.6 253,958.2 13.1 13.3 18,036.7 29,272.7 18,049.8 29,285.9 (285,325.72) (224,672.31)
Oth. Manufactures 98,066.3 87,560.5 103.4 47.4 15,261.1 13,219.3 15,364.5 13,266.7 (82,701.83) (74,293.82)
Commodities n.e.s 534.8 9.1 - - 14.7 - 14.7 - (520.10) (9.14)
Commercial Free Zone 165,514.3 189,845.6 - - 12,767.5 12,089.0 12,767.5 12,089.0 N.A. N.A.
Export Processing Zones 31,040.1 67,649.2 - - - - - - (31,040.10) (67,649.23)
Personal Goods 2,035.6 3,341.8 - - 328.8 566.2 328.8 566.2 (1,706.84) (2,775.54)
Total 1,147,854.4 1,188,048.6 261,834.9 368,678.5 61,642.2 86,496.0 323,477.1 455,174.5 -671,630.6* -555,117.5*
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
* Balance of Trade excluding CFZ
| 6 | External Trade Bulletin for July 2016 • Statistical Institute of Belize
Table 11: Value of Belize’s Imports and Exports to Caricom Countries for January to July of 2015 and 2016
(BZ $ ‘000)
S.I.T.C Section Imports (C.I.F)Exports (F.O.B)
Domestic Re-Exports Total
Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul
2016 2015 2016 2015 2016 2015 2016 2015
Antigua & Barbuda 14.6 - 120.9 385.4 - - 120.9 385.4
Barbados 1,740.7 1,579.9 2,430.4 1,870.2 1.5 - 2,431.9 1,870.2
Dominica 1,901.8 395.1 - 54.7 122.7 70.1 122.7 124.8
Grenada 1,841.0 1,867.2 73.2 - - - 73.2 -
Guyana 1,096.2 1,385.2 1,038.7 3,735.1 73.9 - 1,112.5 3,735.1
Haiti 26.4 4.8 376.7 - - - 376.7 -
Jamaica 7,815.6 7,080.3 15,140.4 12,304.0 81.1 2.2 15,221.5 12,306.2
St. Kitts & Nevis 744.3 521.4 167.7 83.2 - - 167.7 83.2
St. Lucia 2,492.7 1,424.9 123.1 266.5 8.2 5.4 131.3 271.9
Montserrat 0.0 0.1 - - - - - -
Suriname 0.4 120.6 49.2 1,531.2 177.5 - 226.7 1,531.2
Trinidad & Tobago 17,829.3 17,779.7 10,907.9 18,459.4 120.7 1.6 11,028.7 18,461.0
St Vincent & Gren. 4,053.0 1,993.2 - - 254.2 181.6 254.2 181.6
Total 39,556.1 34,152.4 30,428.2 38,689.7 839.8 260.9 31,268.0 38,950.5
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
Table 10: Value of Belize’s Caricom Imports and Exports by Section of the S.I.T.C for January to July of 2015 and 2016
(BZ $ ‘000)
S.I.T.C Section Imports (C.I.F)Exports (F.O.B)
Balance of TradeDomestic Re-Exports Total
Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul Jan-Jul
2016 2015 2016 2015 2016 2015 2016 2015 2016 2015
Food and Live Animals 4,056.9 3,654.8 29,368.5 38,099.2 0.1 - 29,368.5 38,099.2 25,311.7 34,444.4
Beverages and Tobacco 21,811.3 16,225.0 - - 0.6 2.2 0.6 2.2 -21,810.7 -16,222.8
Crude Materials 194.1 328.2 505.0 6.6 - - 505.0 6.6 310.9 -321.6
Mineral Fuels & Lub. 0.4 0.7 - - - - - - -0.4 -0.7
Oils and Fats 3.1 1.6 87.2 - - - 87.2 - 84.1 -1.6
Chemical Products 5,261.4 6,079.9 217.7 49.5 - - 217.7 49.5 -5,043.7 -6,030.4
Manufactured goods 3,788.9 4,783.2 249.6 534.4 385.3 257.1 634.9 791.5 -3,154.0 -3,991.7
Mach. & Transp. Eqt 2,450.3 1,333.5 - - 75.8 1.6 75.8 1.6 -2,374.6 -1,331.8
Oth. Manufactures 1,882.2 1,412.7 0.2 - 227.7 - 227.9 - -1,654.3 -1,412.7
Commodities n.e.s - - - - - - - - 0.0 0.0
Commercial Free Zone - 120.5 - - 120.2 - 120.2 - N.A. N.A.
Export Processing Zones 7.8 197.9 - - - - - - -7.8 -197.9
Personal Goods 99.8 14.6 - - 30.3 - 30.3 - -69.5 -14.6
TOTAL 39,556.1 34,152.4 30,428.2 38,689.7 839.8 260.9 31,268.0 38,950.5 -8,408.3* 4,918.6*
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
* Balance of Trade excluding CFZ
| 6 | External Trade Bulletin for July 2016 • Statistical Institute of Belize Statistical Institute of Belize • External Trade Bulletin for July 2016 | 7 |
Table 12: Value of Belize’s Imports by Economic End-Use
(BZ $ ‘000)
Imports
Annual July
2013 2014 2015 2016 2015
Consumer Goods
11: Food and beverages 165,835.4 203,324.1 208,240.3 22,301.9 21,172.8
12: Transport equipment 14,521.1 18,562.8 27,217.8 1,286.7 1,219.8
13: Durable goods 59,262.7 44,598.4 53,982.2 4,400.7 3,851.5
14: Semi-durable goods 44,634.8 53,360.2 59,302.2 5,468.3 5,134.1
15: Non-durable goods 124,065.4 116,921.9 123,251.8 11,076.7 11,426.1
Intermediate Goods
21: Food and beverages 34,995.3 28,322.7 28,325.5 2,857.7 2,225.7
22: Fuels and lubricants 176,712.0 191,255.5 136,331.7 10,165.6 13,809.3
23: Parts and accessories 86,241.6 89,877.0 131,438.0 9,298.5 8,335.4
24: Industrial supplies nes 379,929.3 404,680.0 431,231.5 36,682.8 39,521.2
Capital Goods
31: Transport equipment 56,417.3 79,765.2 79,248.0 10,565.0 6,970.7
32: Other capital goods 156,638.7 173,609.6 210,441.3 19,091.2 19,744.7
Other Goods
41: Passenger motor cars 33,520.1 41,035.4 37,957.2 4,268.4 3,937.6
42: Motor spirit 106,805.2 103,632.4 87,231.9 5,462.0 10,006.9
43: Goods to EPZ 80,633.4 115,153.4 115,827.8 2,872.5 11,231.1
44: Goods to CFZ 332,776.3 327,084.2 317,119.9 26,006.9 29,884.0
45: Household goods 6,947.2 6,513.2 5,039.4 525.2 362.7
46: Goods nes 2,517.8 7,645.6 6,879.8 639.6 832.9
Total Imports 1,862,453.6 2,005,341.6 2,059,066.2 172,969.8 189,666.4
Total Exports 831,452.8 729,791.5 657,921.9 40,168.7 70,896.5
Visible Trade Gap -790,522.9* -969,941.1* -1,105,318.4* -108,725.6* -89,581.6*
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
* Balance of Trade excluding CFZ
Table 13: Value of Belize’s Imports by Economic End Use for the Previous Five Quarters
(BZ $ ‘000)
Imports
Quarter 2 Quarter 3 Quarter 4 Quarter 1 Quarter 2
2015 2015 2015 2016 2016
Consumer Goods
11. Food and beverages 52,816.1 51,658.8 60,471.2 51,545.4 56,674.2
12. Transport equipment 15,172.0 3,070.4 4,569.9 4,665.3 5,285.9
13. Durable goods 12,667.8 12,430.3 17,060.7 12,178.2 15,081.7
14. Semi-durable goods 13,486.9 15,569.7 18,336.0 13,869.3 17,126.3
15. Non-durable goods 34,516.7 30,570.1 30,334.0 24,436.2 31,808.7
Intermediate Goods
21. Food and beverages 7,579.9 6,933.4 7,974.5 7,226.8 6,782.1
22. Fuels and lubricants 41,558.9 32,164.9 29,327.5 24,938.5 34,842.6
23. Parts and accessories 27,941.8 26,689.4 50,635.8 25,549.2 51,680.7
24. Industrial supplies nes 105,984.9 114,372.2 105,494.3 103,067.9 108,804.7
Capital Goods
31. Transport equipment 18,832.2 21,679.0 22,738.0 23,113.4 17,420.2
32. Other capital goods 46,217.4 52,439.4 57,003.9 55,327.4 54,153.2
Other Goods
41. Passenger motor cars 8,983.7 10,201.7 11,570.3 12,441.7 12,669.2
42. Motor spirit 19,214.3 24,883.0 19,425.2 11,239.5 20,177.7
43. Goods to EPZ 26,057.0 30,909.3 28,500.3 16,513.8 11,653.8
44. Goods to CFZ 75,163.2 70,414.2 86,744.0 74,446.1 65,061.2
45. Household goods 1,669.3 1,323.6 736.8 538.4 972.0
46. Goods nes 887.4 1,279.5 3,172.8 1,625.0 1,968.7
Total Imports 508,749.6 506,589.0 554,095.1 462,721.8 512,162.8
Total Exports 205,731.9 179,978.2 118,569.03 128,891.72 154,416.64
Visible Trade Gap -234,040.2* -261,318.3* -353,560.8* -265,243.0* -297,662.0*
Source: Statistical Institute of Belize
Note: Totals may not add up due to rounding
* Balance of Trade excluding CFZ