Tag: export

Jamaica

Jamaica Sees Decline In Export

Jamaica earned 5.5 percent less from exports during the January to March quarter, according to the Statistical Institute of Jamaica (STATIN). The report noted that this was due largely to a 57.8 percent decline in exports from the mining & quarrying sector. In total, the country earned US$290.5 million from exports during the quarter, with domestic exports accounting for 85.3 […]

NEWS

Ukraine’s Foreign Minister Says Kyiv Is Ready To Export To Africa After Russia Lifts  Blockade

According to Ukraine’s Foreign Minister Dymtro Kuleba, his country will be ready to export much-needed grain to Africa as soon as Russia lifts its Black Sea blockade. In a U.S.-arranged online briefing to journalists recently, the minister blamed Russia for the global food crisis affecting millions of Africans and called for more African support against Moscow. Kuleba argued that his […]

BUSINESS

Russia Earned Nearly $100 Billion From Oil And Gas Exports

According to press reports, Russia earned nearly $100 billion from oil and gas exports during the first 100 days of the war in Ukraine. According to a report from the independent Centre for Research on Energy and Clean Air (CREA), revenues have been falling since March, as many countries shunned Russian supplies, but remain high. It also warned of potential […]

NEWS

Millions Of Tons Of Grains For Export Stuck In Ukraine

The Deputy Prime Minister of Ukraine says the international community should help create a safe passage to enable the millions of tons of grain stuck in Ukraine to leave the country. Yuliia Svyrydenko said some sort of corridor was needed, adding that Ukraine’s inability to export its grain has led to global food prices soaring. It has also raised the […]

Jamaica

Project Launched To Boost Coffee Export Into Europe

The Jamaican coffee sector will receive support to boost export into the European market through a joint project between the Government and the Caribbean Export Development Agency (Carib-Export). The initiative aims to bolster the productivity and export competitiveness of local coffee within the European Union (EU). Speaking at the launch held on Thursday (January 27) at the Ministry of Foreign […]

Jamaica

Jamaica Sees Increase In Export Earnings

Jamaica generated calendar year export earnings of US$1.15 billion between January and September 2021. This out-turn represents a 26.3 percent increase over the US$910.7 million recorded for the corresponding period in 2020. Statistical Institute of Jamaica (STATIN) Director-General, Carol Coy, says the increase was mainly driven by higher exports of ‘Minerals Fuels’, which climbed by 96.8 percent. She was speaking […]

BUSINESS

Guyana Gone Coconuts

Guyana has rachet up their export in coconuts selling more than $2.5 billion worth of coconut and coconut byproducts last year, representing a $600 million increase compared to the $1.9 billion exported in 2020. In a recent press release, the Ministry of Agriculture said that virgin coconut oil exports stood at $685 million while export earnings for dried coconuts totaled […]

Jamaica

US$655.1 Million In Export Earnings Between January And May

Jamaica generated export earnings of US$655.1 million between January and May 2021, representing a 24.6 percent increase over the US$525.7 million for the corresponding period last year. The information is contained in a statement from the Statistical Institute of Jamaica (STATIN) on Tuesday (September 14). The entity indicated that the top-five destinations for Jamaican exports, during the review period were: […]

Jamaica

Jamaica Slashes Export Fees By 50%

Photo credit: JIS Photographer State Minister for Industry, Commerce, Agriculture, and Fisheries, Hon. Floyd Green, says the 50 percent cut in export-related fees and charges will enable more businesses to tap into the export market and boost Jamaica’s competitiveness internationally. The reduction in the fees came into effect on April 1. It was implemented by the Jamaica Agricultural Commodities Regulatory […]

BUSINESS

China Set To Cut Tariffs On Hundreds Of Products

Chinese authorities have announced a new move to cut tariffs on hundreds of products ranging from frozen pork to high-tech parts next year. This move is an attempt by the government to lower trade barriers to support its economy. In a statement, Chinese authorities said import tariffs on 859 items would be reduced from January 1. China has used high […]