THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

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THE BALANCE OF PAYMENTS STATISTICAL UPDATE November 2002 External Sector Statistics Unit Economic Information & Publications Department RESEARCH AND ECONOMIC PROGRAMMING DIVISION BANK OF JAMAICA P.O. Box 621 Kingston, Jamaica

Transcript of THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Page 1: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

THE BALANCE OF PAYMENTS

STATISTICAL UPDATENovember 2002

External Sector Statistics UnitEconomic Information & Publications Department

RESEARCH AND ECONOMIC PROGRAMMING DIVISION

BANK OF JAMAICAP.O. Box 621

Kingston, Jamaica

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TABLE OF CONTENTS Pages External Trade ...................................................................................................... 1 Imports by Payment Terms & End-use ................................................................. 11 Exports................................................................................................................… 14 Garments.................................................................................................................. 16 Bauxite..................................................................................................................... 18 Selected Non -Traditionals...................................................................................... 20 Tourism ................................................................................................................… 21 Private Transfer flows.....................................…..................................................... 25 B. O. P. Reports..................................................................................................….. 27

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EXTERNAL TRADE US$000 NOV 1/ NOV 2/ CHANGE %CHANGE J-NOV 1/ J-NOV 2/ CHANGE %CHANGE

2001 2002 2001 2002TOTAL GOODS EXPORTS(F.O.B) 116842 109600 -7242 -6.2 1350761 1226803 -123958 -9.2TOTAL GOODS IMPORTS(C.I.F) 297251 313614 16363 5.5 3288776 3380348 91572 2.8

TRADE BALANCE -180409 -204014 -23605 -13.1 -1938015 -2153545 -215530 -11.1

VALUE OF TOTAL GOODS EXPORTS US$000

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

O.FOOD 14160 10967 -3193 -22.5 213975 198789 -15186 -7.11.BEVER. & TOBAC 4116 4298 182 4.4 45402 53061 7659 16.92.CRUDE MATS 42466 59085 16619 39.1 692974 653323 -39651 -5.73.MINERAL FUELS 858 944 86 10.0 8498 28026 19528 229.84.ANI.& VEG OILS 4 2 -2 -50.0 75 38 -37 -49.35.CHEMICALS 15809 7407 -8402 -53.1 62304 53589 -8715 -14.06.MANUF. GOODS 894 786 -108 -12.1 9111 8538 -573 -6.37.MACH.& TRANSP. 1408 781 -627 -44.5 14828 9887 -4941 -33.38.MISC. MANUF 16212 2398 -13814 -85.2 91457 28709 -62748 -68.69.MISC. COMMDS. 0 0 0 0.0 0 0 0 0.0GENERAL MERCHANDISE EXPS. 95927 86668 -9259 -9.7 1138624 1033960 -104664 -9.2FREEZONE EXPORTS 18015 20332 2317 12.9 179637 164243 -15394 -8.6GOODS PROCURED IN PORTS 2900 2600 -300 -10.3 32500 28600 -3900 -12.0 TOTAL GOODS EXPORTS 116842 109600 -7242 -6.2 1350761 1226803 -123958 -9.2

TRADITIONAL & NON-TRADITIONAL EXPORTS US$000

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

MAJOR TRAD. EXPORT 43706 60068 16362 37.4 774603 730435 -44168 -5.7 BAUXITE 5830 9775 3945 67.7 85840 95052 9212 10.7 ALUMINA 36313 48942 12629 34.8 601269 552601 -48668 -8.1 SUGAR 0 0 0 0.0 70502 66153 -4349 -6.2 BANANAS 1563 1351 -212 -13.6 16992 16629 -363 -2.1OTHER TRAD. EXPORT 5746 4982 -764 -13.3 67944 71286 3342 4.9 CITRUS 674 113 -561 -83.2 3962 2050 -1912 -48.3 COCOA 464 112 -352 -75.9 2810 2065 -745 -26.5 COFFEE 1523 1757 234 15.4 29315 31426 2111 7.2 PIMENTO 511 464 -47 -9.2 2904 2468 -436 -15.0 RUM 2489 2444 -45 -1.8 27109 32436 5327 19.7 GYPSUM 85 92 7 8.2 1844 841 -1003 -54.4NON-TRAD. EXPORTS 44254 19816 -24438 -55.2 272087 213874 -58213 -21.4RE-EXPORTS 2221 1802 -419 -18.9 23990 18365 -5625 -23.4GENERAL MERCHANDISE EXPS. 95927 86668 -9259 -9.7 1138624 1033960 -104664 -9.2FREEZONE EXPORTS 18015 20332 2317 12.9 179637 164243 -15394 -8.6GOODS PROCURED IN PORTS 2900 2600 -300 -10.3 32500 28600 -3900 -12.0

TOTAL GOODS EXPORTS 116842 109600 -7242 -6.2 1350761 1226803 -123958 -9.2

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VALUE OF GOODS IMPORTS BY S.I.T.C. US$000

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

0.FOOD 45358 41058 -4300 -9.5 442622 442106 -516 -0.11.BEV. & TOBAC 2749 3824 1075 39.1 27188 35582 8394 30.92.CRUDE MATS. 2570 8244 5674 220.8 41475 53722 12247 29.53.MIN.FUEL 27955 45368 17413 62.3 566023 586637 20614 3.64.ANI & VEG OIL 2944 3888 944 32.1 16791 21895 5104 30.45.CHEMICAL 31057 31000 -57 -0.2 352362 347931 -4431 -1.36.MANUF. GOOD 42946 40659 -2287 -5.3 433212 422423 -10789 -2.57.MACH.& TRANSP 79176 80139 963 1.2 809367 943757 134390 16.68.MISC.MAN.GOOD 38117 43662 5545 14.5 358595 347591 -11004 -3.19.MISC. COMMDS. 7376 6842 -534 -7.2 76794 53863 -22931 -29.9GENERAL MERCHANDISE IMPORTS 280248 304684 24436 8.7 3124429 3255507 131078 4.2FREEZONE IMPORTS 13803 5930 -7873 -57.0 128847 91841 -37006 -28.7GOODS PROCURED IN PORTS 3200 3000 -200 -6.3 35500 33000 -2500 -7.0 TOTAL GOODS IMPORTS 297251 313614 16363 5.5 3288776 3380348 91572 2.8

GOODS IMPORTS BY END-USE US$000

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

CONSUMER GOODS 97978 106792 8814 9.0 890742 981704 90962 10.2 FOOD 25048 25325 277 1.1 246197 267750 21553 8.8 OTH. NON-DURS. 27815 27002 -813 -2.9 292390 274185 -18205 -6.2 * DURABLES 45115 54465 9350 20.7 352155 439769 87614 24.9*of which motor cars 11692 12471 779 6.7 125126 138947 13821 11.0RAW MATERIALS 137015 143460 6445 4.7 1686326 1663563 -22763 -1.3 FUELS 27900 45334 17434 62.5 565349 585555 20206 3.6 OTHER RAW MAT. 109115 98126 -10989 -10.1 1120977 1078008 -42969 -3.8CAPITAL GOODS 45255 54432 9177 20.3 547361 610240 62879 11.5* TRANSP & EQP. 8295 8925 630 7.6 102383 102431 48 0.0*of which motor cars 579 135 -444 -76.7 1850 3017 1167 63.1 CONST. MATS. 8836 14671 5835 66.0 139741 130989 -8752 -6.3 OTHER MACH. 27093 30329 3236 11.9 298601 367827 69226 23.2 OTHER CAPITAL 1031 507 -524 -50.8 6636 8993 2357 35.5

GENERAL MERCHANDISE IMPORTS 280248 304684 24436 8.7 3124429 3255507 131078 4.2FREEZONE IMPORTS 13803 5930 -7873 -57.0 128847 91841 -37006 -28.7GOODS PROCURED IN PORTS 3200 3000 -200 -6.3 35500 33000 -2500 -7.0 TOTAL GOODS IMPORTS 297251 313614 16363 5.5 3288776 3380348 91572 2.8

GOODS IMPORTS BY END USE US$000 (BAUXITE/NON-BAUXITE)

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

FUEL 27900 45334 17434 62.5 565349 585555 20206 3.6 BAUXITE 3367 2734 -633 -18.8 103824 146643 42819 41.2 NON-BAUXITE 24533 42600 18067 73.6 461525 438912 -22613 -4.9

OTHER BAUX. IMP. 12707 3330 -9377 -73.8 99413 86731 -12682 -12.8OTHER IMPORTS 239641 256020 16379 6.8 2459667 2583221 123554 5.0 CONSUMER GOODS 97911 106780 8869 9.1 890075 980876 90801 10.2 FOOD 25048 25323 275 1.1 246189 267743 21554 8.8 OTHER NON-DURB. 27815 27002 -813 -2.9 292282 274070 -18212 -6.2 * DURABLES 45048 54455 9407 20.9 351604 439063 87459 24.9*of which motor cars 11692 12471 779 6.7 125122 138946 13824 11.0RAW MATERIALS 97599 95081 -2518 -2.6 1038060 1011910 -26150 -2.5 FOOD 22675 20211 -2464 -10.9 210401 196667 -13734 -6.5 OTHER RAW MATS. 74924 74870 -54 -0.1 827659 815243 -12416 -1.5

CAPITAL GOODS 44131 54159 10028 22.7 531532 590435 58903 11.1* TRANSP.& EQP. 8281 8923 642 7.8 101519 100466 -1053 -1.0*of which motor cars 578 134 -444 -76.8 1735 3014 1279 73.7 CONSTRUCTION 8399 14657 6258 74.5 136057 126606 -9451 -6.9 OTHER CAP. 27451 30579 3128 11.4 293956 363363 69407 23.6

GENERAL MERCHANDISE IMPORTS 280248 304684 24436 8.7 3124429 3255507 131078 4.2FREEZONE IMPORTS 13803 5930 -7873 -57.0 128847 91841 -37006 -28.7GOODS PROCURED IN PORTS 3200 3000 -200 -6.3 35500 33000 -2500 -7.0 TOTAL GOODS IMPORTS 297251 313614 16363 5.5 3288776 3380348 91572 2.8

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CARICOM IMPORTS BY S.I.T.C. US$000

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

0.FOOD 6890 7954 1064 15.4 78236 76015 -2221 -2.81.BEV.& TOBAC. 1856 2190 334 18.0 16887 20739 3852 22.82.CRUDE MATS. 0 12 12 0.0 410 57 -353 -86.13.MINERAL FUEL 20156 15490 -4666 -23.1 224561 190366 -34195 -15.24.ANI.& VEG. OIL 342 285 -57 -16.7 2435 2707 272 11.25.CHEMICALS 1922 2753 831 43.2 28610 25638 -2972 -10.46.MANUF. GOODS 3815 3097 -718 -18.8 37554 35355 -2199 -5.97.MACH.& TRANSP. 325 575 250 76.9 4186 4141 -45 -1.18.MISC. MANUF. 1232 1374 142 11.5 11635 11296 -339 -2.99.MISC. COMMDS. 0 0 0 0.0 0 0 0 0.0 TOTAL 36538 33730 -2808 -7.7 404514 366314 -38200 -9.4

CARICOM EXPORTS BY S.I.T.C. US$000

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

0.FOOD 2185 1515 -670 -30.7 20628 16177 -4451 -21.61.BEV.& TOBAC 595 639 44 7.4 3583 3381 -202 -5.62.CRUDE MATS. 65 78 13 20.0 652 352 -300 -46.03.MINERAL FUELS 64 48 -16 -25.0 633 3034 2401 379.34.ANI.& VEG OIL 1 1 0 0.0 16 4 -12 -75.05.CHEMICAL 1085 1172 87 8.0 11337 11503 166 1.56.MANUF. GOODS 350 291 -59 -16.9 4523 3969 -554 -12.27.MACH.& TRANSP. 60 365 305 508.3 1229 1495 266 21.68.MISC MANUF. 515 823 308 59.8 4805 5415 610 12.79.MISC COMMDS. 0 0 0 0.0 0 0 0 0.0 TOTAL 4920 4932 12 0.2 47406 45330 -2076 -4.4

CARICOM TRADE BY COUNTRY US$000

NOV NOV NOV NOV J-NOV J-NOV J-NOV J-NOV2001 2001 2002 2002 2001 2001 2002 2002

EXPORTS IMPORTS TR. BAL. EXPORTS IMPORTS TR. BAL. EXPORTS IMPORTS TR. BAL. EXPORTS IMPORTS TR. BAL.

BARBADOS 1194 1208 -14 1176 1325 -149 8247 15140 -6893 8883 13002 -4119GUYANA 481 2606 -2125 223 3626 -3403 3740 29144 -25404 2332 26201 -23869BELIZE 338 540 -202 602 306 296 3012 3899 -887 3570 5418 -1848ST. KITTS 164 0 164 151 0 151 1423 3 1420 1401 67 1334ANTIGUA 201 0 201 177 0 177 2923 135 2788 5138 0 5138MONTSERRAT 63 0 63 24 0 24 203 0 203 113 0 113TRIN. & TOBAG. 1542 29949 -28407 1493 26087 -24594 20244 334597 -314353 15800 303055 -287255DOMINICA 200 1360 -1160 254 1426 -1172 1478 12504 -11026 1274 9084 -7810GRENADA 204 16 188 238 30 208 1404 565 839 1385 619 766ST.LUCIA 311 25 286 265 66 199 2208 57 2151 3510 229 3281ST. VINCENT 134 77 57 262 245 17 1716 2186 -470 1248 1456 -208SURINAME 88 757 -669 67 619 -552 808 6284 -5476 676 7183 -6507 TOTAL 4920 36538 -31618 4932.0 33730 -28798 47406 404514 -357108 45330 366314 -320984

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MAJOR TRADITIONALS (VOLUME, VALUE, PRICE)

NOV NOV CHANGE %CHANGE J-NOV J-NOV CHANGE %CHANGE2001 2002 2001 2002

BAUXITE Volume ('000 tonnes) 224.9 374.5 149.6 66.5 3311.7 3641.8 330.1 10.0 Value (U.S. $000) 5830.0 9775.0 3945.0 67.7 85840.0 95052.0 9212.0 10.7 Price (US $/tonne) 25.9 26.1 0.2 0.7 25.9 26.1 0.2 0.7

ALUMINA Volume ('000 tonnes) 209.9 295.5 85.6 40.8 3291.3 3310.4 19.1 0.6 Value (U.S. $000) 36313.0 48942.0 12629.0 34.8 601269.0 552601.0 -48668.0 -8.1 Price (US $/tonne) 173.0 165.6 -7.4 -4.3 182.7 166.9 -15.8 -8.6

SUGAR Volume ('000 tonnes) 0.0 0.0 0.0 0.0 157.1 138.4 -18.8 -12.0 Value (U.S. $000) 0.0 0.0 0.0 0.0 70502.0 66153.0 -4349.0 -6.2 Price (US $/tonne) 0.0 0.0 0.0 0.0 448.7 478.1 29.5 6.6

BANANAS Volume ('000 tonnes) 3.3 3.1 -0.3 -7.7 40.1 37.7 -2.3 -5.7 Value (U.S. $000) 1563.0 1351.0 -212.0 -13.6 16992.0 16629.0 -363.0 -2.1 Price (US $/tonne) 472.8 442.8 -30.0 -6.3 423.5 440.7 17.2 4.1

1/REVISED2/PROVISIONAL

External Sector Statistics Unit.May 15, 2003

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IMPORTS 2652.1 2705.3EXPORTS 1133.8 991.2

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2001 2002

VALUE OF IMPORTS & EXPORT US$Mn JAN - NOVEMBER

IMPORTSEXPORTS

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2001 2002IMPORTS 332.4 283.1EXPORTS 37.6 36.0

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2001 2002

CARICOM IMPORTS & EXPORT US$Mn JAN - NOVEMBER

IMPORTSEXPORTS

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EXTERNAL TRADE US$000

NOV 1/ NOV 2/ CHANGE %CHANGE APR-NOV 1/ APR-NOV 2/ CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

TOTAL GOODS EXPORTS(F.O.B) 116842 109600 -7242 -6.2 990338 891252 -99086 -10.0TOTAL GOODS IMPORTS(C.I.F) 297251 313614 16363 5.5 2384432 2554598 170166 7.1

TRADE BALANCE -180409 -204014 -23605 -13.1 -1394094 -1663346 -269252 -19.3

VALUE OF TOTAL GOODS EXPORTS US$000

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

O.FOOD 14160 10967 -3193 -22.5 145971 134057 -11914 -8.21.BEVER. & TOBAC 4116 4298 182 4.4 35166 39108 3942 11.22.CRUDE MATS 42466 59085 16619 39.1 503694 473464 -30230 -6.03.MINERAL FUELS 858 944 86 10.0 6476 24680 18204 281.14.ANI.& VEG OILS 4 2 -2 -50.0 56 28 -28 -50.05.CHEMICALS 15809 7407 -8402 -53.1 49874 39516 -10358 -20.86.MANUF. GOODS 894 786 -108 -12.1 6642 6449 -193 -2.97.MACH.& TRANSP. 1408 781 -627 -44.5 9852 7508 -2344 -23.88.MISC. MANUF 16212 2398 -13814 -85.2 64949 17377 -47572 -73.29.MISC. COMMDS. 0 0 0 0.0 0 0 0 0.0GENERAL MERCHANDISE EXPS. 95927 86668 -9259 -9.7 822680 742187 -80493 -9.8FREEZONE EXPORTS 18015 20332 2317 12.9 144158 128265 -15893 -11.0GOODS PROCURED IN PORTS 2900 2600 -300 -10.3 23500 20800 -2700 -11.5 TOTAL GOODS EXPORTS 116842 109600 -7242 -6.2 990338 891252 -99086 -10.0

TRADITIONAL & NON-TRADITIONAL EXPORTS US$000

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

MAJOR TRAD. EXPORT 43706 60068 16362 37.4 552377 519561 -32816 -5.9 BAUXITE 5830 9775 3945 67.7 61860 67034 5174 8.4 ALUMINA 36313 48942 12629 34.8 437423 401793 -35630 -8.1 SUGAR 0 0 0 0.0 40929 38613 -2316 -5.7 BANANAS 1563 1351 -212 -13.6 12165 12121 -44 -0.4OTHER TRAD. EXPORT 5746 4982 -764 -13.3 48814 52360 3546 7.3 CITRUS 674 113 -561 -83.2 2155 1132 -1023 -47.5 COCOA 464 112 -352 -75.9 2117 1671 -446 -21.1 COFFEE 1523 1757 234 15.4 20222 23473 3251 16.1 PIMENTO 511 464 -47 -9.2 2330 1445 -885 -38.0 RUM 2489 2444 -45 -1.8 20560 24136 3576 17.4 GYPSUM 85 92 7 8.2 1430 503 -927 -64.8NON-TRAD. EXPORTS 44254 19816 -24438 -55.2 205101 155658 -49443 -24.1RE-EXPORTS 2221 1802 -419 -18.9 16388 14608 -1780 -10.9GENERAL MERCHANDISE EXPS. 95927 86668 -9259 -9.7 822680 742187 -80493 -9.8FREEZONE EXPORTS 18015 20332 2317 12.9 144158 128265 -15893 -11.0GOODS PROCURED IN PORTS 2900 2600 -300 -10.3 23500 20800 -2700 -11.5

TOTAL GOODS EXPORTS 116842 109600 -7242 -6.2 990338 891252 -99086 -10.0

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VALUE OF GOODS IMPORTS BY S.I.T.C. US$000

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

0.FOOD 45358 41058 -4300 -9.5 315568 319399 3831 1.21.BEV. & TOBAC 2749 3824 1075 39.1 20745 26536 5791 27.92.CRUDE MATS. 2570 8244 5674 220.8 30473 39309 8836 29.03.MIN.FUEL 27955 45368 17413 62.3 392548 474579 82031 20.94.ANI & VEG OIL 2944 3888 944 32.1 12724 15547 2823 22.25.CHEMICAL 31057 31000 -57 -0.2 252773 253747 974 0.46.MANUF. GOOD 42946 40659 -2287 -5.3 327493 322257 -5236 -1.67.MACH.& TRANSP 79176 80139 963 1.2 580916 700136 119220 20.58.MISC.MAN.GOOD 38117 43662 5545 14.5 257644 262937 5293 2.19.MISC. COMMDS. 7376 6842 -534 -7.2 58791 40876 -17915 -30.5GENERAL MERCHANDISE IMPORTS 280248 304684 24436 8.7 2249675 2455323 205648 9.1FREEZONE IMPORTS 13803 5930 -7873 -57.0 109157 75275 -33882 -31.0GOODS PROCURED IN PORTS 3200 3000 -200 -6.3 25600 24000 -1600 -6.3 TOTAL GOODS IMPORTS 297251 313614 16363 5.5 2384432 2554598 170166 7.1

GOODS IMPORTS BY END-USE US$000

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

CONSUMER GOODS 97978 106792 8814 9.0 665132 740804 75672 11.4 FOOD 25048 25325 277 1.1 178331 196406 18075 10.1 OTH. NON-DURS. 27815 27002 -813 -2.9 221394 209694 -11700 -5.3 * DURABLES 45115 54465 9350 20.7 265407 334704 69297 26.1*of which motor cars 11692 12471 779 6.7 92009 104840 12831 13.9RAW MATERIALS 137015 143460 6445 4.7 1199013 1251380 52367 4.4 FUELS 27900 45334 17434 62.5 392173 474073 81900 20.9 OTHER RAW MAT. 109115 98126 -10989 -10.1 806840 777307 -29533 -3.7CAPITAL GOODS 45255 54432 9177 20.3 385530 463139 77609 20.1* TRANSP & EQP. 8295 8925 630 7.6 71129 85974 14845 20.9*of which motor cars 579 135 -444 -76.7 1645 2724 1079 65.6 CONST. MATS. 8836 14671 5835 66.0 101004 105381 4377 4.3 OTHER MACH. 27093 30329 3236 11.9 208325 265114 56789 27.3 OTHER CAPITAL 1031 507 -524 -50.8 5072 6670 1598 31.5

GENERAL MERCHANDISE IMPORTS 280248 304684 24436 8.7 2249675 2455323 205648 9.1FREEZONE IMPORTS 13803 5930 -7873 -57.0 109157 75275 -33882 -31.0GOODS PROCURED IN PORTS 3200 3000 -200 -6.3 25600 24000 -1600 -6.3 TOTAL GOODS IMPORTS 297251 313614 16363 5.5 2384432 2554598 170166 7.1

GOODS IMPORTS BY END USE US$000 (BAUXITE/NON-BAUXITE)

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

FUEL 27900 45334 17434 62.5 392173 474073 81900 20.9 BAUXITE 3367 2734 -633 -18.8 56926 131014 74088 130.1 NON-BAUXITE 24533 42600 18067 73.6 335247 343059 7812 2.3

OTHER BAUX. IMP. 12707 3330 -9377 -73.8 69543 74233 4690 6.7OTHER IMPORTS 239641 256020 16379 6.8 1787959 1907017 119058 6.7 CONSUMER GOODS 97911 106780 8869 9.1 664641 740135 75494 11.4 FOOD 25048 25323 275 1.1 178328 196400 18072 10.1 OTHER NON-DURB. 27815 27002 -813 -2.9 221318 209592 -11726 -5.3 * DURABLES 45048 54455 9407 20.9 264995 334143 69148 26.1*of which motor cars 11692 12471 779 6.7 92006 104839 12833 13.9RAW MATERIALS 97599 95081 -2518 -2.6 748103 720252 -27851 -3.7 FOOD 22675 20211 -2464 -10.9 149591 142746 -6845 -4.6 OTHER RAW MATS. 74924 74870 -54 -0.1 598512 577506 -21006 -3.5

CAPITAL GOODS 44131 54159 10028 22.7 375215 446630 71415 19.0* TRANSP.& EQP. 8281 8923 642 7.8 70773 84010 13237 18.7*of which motor cars 578 134 -444 -76.8 1530 2721 1191 77.8 CONSTRUCTION 8399 14657 6258 74.5 98945 101568 2623 2.7 OTHER CAP. 27451 30579 3128 11.4 205497 261052 55555 27.0

GENERAL MERCHANDISE IMPORTS 280248 304684 24436 8.7 2249675 2455323 205648 9.1FREEZONE IMPORTS 13803 5930 -7873 -57.0 109157 75275 -33882 -31.0GOODS PROCURED IN PORTS 3200 3000 -200 -6.3 25600 24000 -1600 -6.3 TOTAL GOODS IMPORTS 297251 313614 16363 5.5 2384432 2554598 170166 7.1

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CARICOM IMPORTS BY S.I.T.C. US$000

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

0.FOOD 6890 7954 1064 15.4 56137 56311 174 0.31.BEV.& TOBAC. 1856 2190 334 18.0 13154 14362 1208 9.22.CRUDE MATS. 0 12 12 0.0 325 39 -286 -88.03.MINERAL FUEL 20156 15490 -4666 -23.1 164443 145214 -19229 -11.74.ANI.& VEG. OIL 342 285 -57 -16.7 1804 1975 171 9.55.CHEMICALS 1922 2753 831 43.2 21341 18594 -2747 -12.96.MANUF. GOODS 3815 3097 -718 -18.8 28821 24815 -4006 -13.97.MACH.& TRANSP. 325 575 250 76.9 3131 3199 68 2.28.MISC. MANUF. 1232 1374 142 11.5 9340 8718 -622 -6.79.MISC. COMMDS. 0 0 0 0.0 0 0 0 0.0 TOTAL 36538 33730 -2808 -7.7 298496 273227 -25269 -8.5

CARICOM EXPORTS BY S.I.T.C. US$000

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001/2002 2002/2003 2001/2002 2002/2003

0.FOOD 2185 1515 -670 -30.7 15396 11815 -3581 -23.31.BEV.& TOBAC 595 639 44 7.4 2961 2732 -229 -7.72.CRUDE MATS. 65 78 13 20.0 437 305 -132 -30.23.MINERAL FUELS 64 48 -16 -25.0 542 2895 2353 434.14.ANI.& VEG OIL 1 1 0 0.0 10 4 -6 -60.05.CHEMICAL 1085 1172 87 8.0 8092 8328 236 2.96.MANUF. GOODS 350 291 -59 -16.9 3125 3087 -38 -1.27.MACH.& TRANSP. 60 365 305 508.3 849 1216 367 43.28.MISC MANUF. 515 823 308 59.8 3875 4508 633 16.39.MISC COMMDS. 0 0 0 0.0 0 0 0 0.0 TOTAL 4920 4932 12 0.2 35287 34890 -397 -1.1

CARICOM TRADE BY COUNTRIES US$000

NOV NOV NOV NOV APR-NOV APR-NOV APR-NOV APR-NOV2001/2002 2001/2002 2002/2003 2002/2003 2001/2002 2001/2002 2002/2003 2002/2003

EXPORTS IMPORTS TR. BAL. EXPORTS IMPORTS TR. BAL. EXPORTS IMPORTS TR. BAL. EXPORTS IMPORTS TR. BAL.

BARBADOS 1194 1208 -14 1176 1325 -149 6248 10695 -4447 6974 8526 -1552GUYANA 481 2606 -2125 223 3626 -3403 2448 21596 -19148 1693 20175 -18482BELIZE 338 540 -202 602 306 296 2356 3137 -781 2627 4515 -1888ST. KITTS 164 0 164 151 0 151 1059 3 1056 1173 67 1106ANTIGUA 201 0 201 177 0 177 2152 131 2021 4435 0 4435MONTSERRAT 63 0 63 24 0 24 173 0 173 108 0 108TRIN. & TOBAG. 1542 29949 -28407 1493 26087 -24594 14906 246483 -231577 11348 226295 -214947DOMINICA 200 1360 -1160 254 1426 -1172 1148 9705 -8557 1118 6597 -5479GRENADA 204 16 188 238 30 208 1072 391 681 883 440 443ST.LUCIA 311 25 286 265 66 199 1725 32 1693 2981 226 2755ST. VINCENT 134 77 57 262 245 17 1279 1222 57 1005 1217 -212SURINAME 88 757 -669 67 619 -552 721 5101 -4380 545 5169 -4624 TOTAL 4920 36538 -31618 4932 33730 -28798 35287 298496 -263209 34890 273227 -238337

Page 12: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

MAJOR TRADITIONALS (VOLUME, VALUE, PRICE)

NOV NOV CHANGE %CHANGE APR-NOV APR-NOV CHANGE %CHANGE2001 2002 2001/2002 2002/2003

BAUXITE Volume ('000 tonnes) 224.9 374.5 149.6 66.5 2386.6 2568.4 181.8 7.6 Value (U.S. $000) 5830.0 9775.0 3945.0 67.7 61860.0 67034.0 5174.0 8.4 Price (US $/tonne) 25.9 26.1 0.2 0.7 25.9 26.1 0.2 0.7

ALUMINA Volume ('000 tonnes) 209.9 295.5 85.6 40.8 2425.5 2404.6 -20.9 -0.9 Value (U.S. $000) 36313.0 48942.0 12629.0 34.8 437423.0 401793.0 -35630.0 -8.1 Price (US $/tonne) 173.0 165.6 -7.4 -4.3 180.3 167.1 -13.2 -7.3

SUGAR Volume ('000 tonnes) 0.0 0.0 0.0 0.0 95.5 78.3 -17.2 -18.0 Value (U.S. $000) 0.0 0.0 0.0 0.0 40929.0 38613.0 -2316.0 -5.7 Price (US $/tonne) 0.0 0.0 0.0 0.0 428.6 493.1 64.5 15.0

BANANAS Volume ('000 tonnes) 3.3 3.1 -0.3 -7.7 28.9 27.1 -1.7 -6.0 Value (U.S. $000) 1563.0 1351.0 -212.0 -13.6 12165.0 12121.0 -44.0 -0.4 Price (US $/tonne) 472.8 442.8 -30.0 -6.3 421.4 446.6 25.2 6.0

1/REVISED2/PROVISIONAL

External Sector Statistics Unit.May 15, 2003

Page 13: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

IMPORTS BY PAYMENT TERMS & ENDUSE (US$MN)

1/ 2/JAN-NOV AS % OF JAN-NOV AS % OF CHANGE CHANGE%

2001 TOTAL 1/ 2002 TOTAL 2/ (2-1) (2-1)

PREPAYMENT 80.3 2.6 103.3 3.2 23.0 28.6

NO FUNDS 225.5 7.2 242.5 7.3 17.0 7.5

SIGHT DRAFT 96.2 3.1 71.7 2.2 -24.5 -25.4

LETTER OF CREDIT 29.4 0.9 25.9 0.8 -3.4 -11.7

OPEN ACCOUNT 2644.1 84.6 2747.5 84.4 103.4 3.9

CASH ON DELIVERY 8.8 0.3 19.2 0.6 10.4 118.3

BILLS OF COLLECTION 2.1 0.1 1.0 0.1 -1.1 -51.7

OTHER 38.0 1.2 44.3 1.4 6.3 16.6

INVALID PAYMENT TERMS CODES 0.0 0.0 0.0 0.0 0.0 0.0

GRAND TOTALS 3124.4 100.0 3255.5 100.0 131.1 4.2

16-May-03

Page 14: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

IMPORTS BY PAYMENT TERMS & ENDUSE (US$MN)

1/ 2/APRIL-NOV AS % OF APRIL-NOV AS % OF CHANGE CHANGE%

2001/2002 TOTAL 1/ 2002/2003 TOTAL 2/ (2-1) (2-1)

PREPAYMENT 60.0 2.7 78.2 3.2 18.3 30.5

NO FUNDS 162.9 7.2 175.2 7.1 12.3 7.6

SIGHT DRAFT 72.1 3.2 55.1 2.4 -17.0 -23.6

LETTER OF CREDIT 16.9 0.8 17.6 0.7 0.7 4.2

OPEN ACCOUNT 1906.3 84.7 2077.9 84.6 171.6 9.0

CASH ON DELIVERY 5.6 0.2 15.9 0.6 10.3 184.9

BILLS OF COLLECTION 1.7 0.1 0.9 0.0 -0.7 -44.2

OTHER 24.2 1.1 34.4 1.4 10.1 41.8

INVALID PAYMENT TERMS CODES 0.0 0.0 0.0 0.0 0.0 0.0

GRAND TOTALS 2249.7 100.0 2455.3 100.0 205.6 9.1

16 May 03

Page 15: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Imports by Payment Terms Jan - November 2001

3% 7% 3%1%

84%

2%

PREPAYMENT NO FUNDS SIGHT DRAFT LETTER OF CREDIT OPEN ACCOUNT OTHER

Imports by Payment Terms Jan - Aug 2001

3% 7% 2%1%

85%

2%

PREPAYMENT NO FUNDS SIGHT DRAFT LETTER OF CREDIT OPEN ACCOUNT OTHER

Imports by Payment Terms Jan - November 2002

3% 7% 2%1%

85%

2%

PREPAYMENT NO FUNDS SIGHT DRAFT LETTER OF CREDIT OPEN ACCOUNT OTHER

Page 16: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

EXPORTS US$Mn.

JAN-NOV JAN-NOV %1996 1997 1998 1999 2000 2001 2001 2002 Change

MAJOR TRADITIONAL 839.8 872.2 809.6 807.5 836.0 825.1 774.6 730.4 -5.7

Bauxite 78.4 72.8 81.0 55.9 45.5 93.8 85.8 95.1 10.8 Alumina 607.0 651.7 600.7 626.5 684.3 642.6 601.3 552.6 -8.1 Sugar 109.2 101.9 94.6 95.3 83.3 70.5 70.5 66.1 -6.2 Bananas 45.2 45.8 33.3 29.8 22.9 18.2 17.0 16.6 -2.4

OTHER TRADITIONAL 71.2 73.2 55.7 65.5 73.8 72.2 67.9 71.3 5.0

Citrus 5.2 4.3 3.9 4.4 4.9 4.2 4.0 2.1 -47.5 Cocoa 3.5 3.2 3.6 2.7 2.3 3.0 2.8 2.1 -25.0 Coffee 32.3 34.7 17.5 24.7 33.1 30.7 29.3 31.4 7.2 Pimento 3.5 2.8 4.1 4.9 4.9 3.5 2.9 2.5 -13.8 Rum 25.4 26.6 25.3 27.6 26.4 28.8 27.1 32.4 19.6 Gypsum 1.3 1.6 1.3 1.2 2.2 2.0 1.8 0.8 -55.6

NON -TRADITIONAL 475.9 440.7 451.0 372.7 391.2 325.8 296.1 232.3 -21.5

CARICOM 55.3 47.7 43.6 42.0 49.0 50.6 47.4 45.3 -4.4

0. Food 13.5 13.1 13.9 14.3 16.4 21.8 20.6 16.2 -21.4 1. Beverages & Tobacco 3.6 3.4 3.9 3.6 3.8 3.8 3.6 3.3 -8.3 2. Crude Materials 0.4 0.8 0.5 1.1 1.0 0.7 0.7 0.4 -42.9 3. Mineral Fuels 3.3 2.2 0.8 0.2 0.1 0.7 0.6 3.0 400.0 4. Animal & Veg Oils & Fats 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5. Chemicals 14.1 11.9 10.9 11.7 12.6 12.1 11.4 11.5 0.9 6. Manufactured Goods 9.5 6.2 4.6 4.2 5.7 5.0 4.5 4.0 -11.1 7. Mach. & Trans. Equipment 3.2 3.8 3.3 1.9 3.8 1.3 1.2 1.5 25.0 8. Misc. Manufact. Goods 7.7 6.3 5.7 5.0 5.6 5.2 4.8 5.4 12.5 9. Misc. Commodities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

THIRD COUNTRY 420.6 394.2 407.4 330.7 342.2 275.2 248.7 187.0 -24.8

0. Food 65.6 66.0 66.1 67.5 59.9 73.0 66.9 61.8 -7.6 1. Beverages & Tobacco 18.5 23.4 43.6 25.5 29.8 15.8 14.7 17.4 18.4 2. Crude Materials 5.6 11.9 6.8 3.5 4.4 3.6 3.4 4.4 29.4 3. Mineral Fuels 2.6 1.3 2.1 3.5 3.8 14.1 7.9 25.0 216.5 4. Animal & Veg Oils & Fats 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.0 5. Chemicals 32.6 34.9 39.8 37.4 58.0 56.4 50.9 42.1 -17.3 6. Manufactured Goods 9.9 5.0 4.5 4.2 6.7 5.0 4.6 4.5 -2.2 7. Mach. & Trans. Equipment 28.4 19.1 38.2 25.7 23.2 14.4 13.6 8.4 -38.2 8. Misc. Manufact. Goods 257.4 232.6 206.3 163.4 156.3 92.8 86.6 23.3 -73.1 9. Misc. Commodities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

GEN. MERCHANDISE EXPORTS 1386.9 1386.1 1316.3 1245.7 1301.0 1223.1 1138.6 1034.0 -9.2

Page 17: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

EXPORTS US$Mn.

APRIL-NOV APRIL-NOV %1996/97 1997/98 1998/99 1999/2000 2000/2001 2001/2002 2001/2002 2002/2003 Change

MAJOR TRADITIONAL 832.6 854.4 802.0 843.7 825.4 804.2 552.4 519.6 -5.9

Bauxite 78.7 71.8 82.7 49.1 56.4 97.5 61.9 67.1 8.4 Alumina 587.7 657.4 587.9 664.6 677.0 629.5 437.4 401.8 -8.1 Sugar 121.9 81.1 98.3 103.5 69.4 59.2 40.9 38.6 -5.6 Bananas 44.3 44.1 33.1 26.5 22.6 18.0 12.2 12.1 -0.8

OTHER TRADITIONAL 72.1 67.6 57.8 69.2 75.3 71.9 48.8 52.4 7.4

Citrus 5.4 3.4 4.6 5.1 3.3 3.5 2.2 1.1 -50.0 Cocoa 3.7 2.9 3.6 2.9 2.2 2.7 2.1 1.7 -19.0 Coffee 32.4 31.1 17.5 27.9 35.4 29.5 20.2 23.5 16.3 Pimento 3.3 2.8 4.6 4.6 4.5 3.7 2.3 1.5 -34.8 Rum 26.0 25.8 26.2 27.2 27.9 30.6 20.6 24.1 17.0 Gypsum 1.3 1.6 1.3 1.5 2.0 1.9 1.4 0.5 -64.3

NON- TRADITIONAL 466.0 465.8 414.2 384.3 367.7 313.1 221.5 170.2 -23.2

CARICOM 56.4 46.0 42.6 43.4 49.9 48.9 35.3 34.9 -1.1

0. Food 13.8 13.0 14.4 14.7 17.6 21.0 15.4 11.8 -23.4 1. Beverages & Tobacco 3.5 3.6 3.8 3.6 3.7 3.8 3.0 2.8 -6.7 2. Crude Materials 0.3 0.8 0.6 1.0 1.1 0.6 0.4 0.3 -25.0 3. Mineral Fuels 3.7 1.6 0.5 0.1 0.2 0.7 0.5 2.9 480.0 4. Animal & Veg Oils & Fats 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5. Chemicals 14.6 11.3 11.0 11.7 13.2 12.0 8.1 8.3 2.5 6. Manufactured Goods 9.6 5.1 4.3 4.9 5.6 4.4 3.1 3.1 0.0 7. Mach. & Trans. Equipment 3.6 4.0 2.6 2.5 3.1 1.3 0.9 1.2 33.3 8. Misc. Manufact. Goods 7.3 6.6 5.4 4.9 5.4 5.1 3.9 4.5 15.4 9. Misc. Commodities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

THIRD COUNTRY 409.6 419.8 371.6 340.9 317.8 264.2 186.2 136.3 -26.8

0. Food 63.2 66.4 65.4 66.5 61.3 75.0 50.7 43.8 -13.6 1. Beverages & Tobacco 18.4 32.2 37.9 24.7 27.5 17.4 11.6 12.2 5.2 2. Crude Materials 6.0 11.9 6.1 3.9 4.4 3.3 2.6 4.8 84.6 3. Mineral Fuels 1.6 1.1 2.7 3.7 4.7 15.5 6.0 21.8 263.3 4. Animal & Veg Oils & Fats 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.0 -100.0 5. Chemicals 37.0 40.1 33.2 49.9 50.2 58.2 41.8 31.2 -25.4 6. Manufactured Goods 9.2 4.3 4.5 4.2 6.9 5.2 3.5 3.3 -5.7 7. Mach. & Trans. Equipment 25.4 34.8 30.4 20.3 20.5 11.7 8.9 6.3 -29.2 8. Misc. Manufact. Goods 248.8 229.0 191.4 167.7 142.2 77.8 61.0 12.9 -78.9 9. Misc. Commodities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

GEN. MERCHANDISE EXPORTS 1370.7 1387.8 1274.0 1297.2 1268.4 1189.2 822.7 742.2 -9.8

EXTERNAL SECTOR STATISTICS 15 MAY 03

Page 18: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

GARMENTS EXPORTSUS$Mn.

2001 2002 CHANGE %CHANGE

JANUARY 7.5 2.2 -5.3 -70.666667 FEBRUARY 7.8 4.7 -3.1 -39.74359 MARCH 9.5 2.5 -7 -73.684211

JANUARY-MARCH 24.8 9.4 -15.4 -62.1

APRIL 5.5 1.1 -4.4 -80 MAY 6.3 1.3 -5 -79.365079 JUNE 7.4 0.9 -6.5 -87.837838

JANUARY-JUNE 44.0 12.7 -31.3 -71.1

JULY 4.6 1.0 -3.6 -78.3 AUGUST 12.5 1.3 -11.2 -89.6 SEPTEMBER 6.3 1.0 -5.3 -84.1

JANUARY-SEPTEMBER 67.4 16.0 -51.4 -76.3

OCTOBER 0.1 1.0 0.9 900.0 NOVEMBER 15.3 1.1 -14.2 -92.8

JANUARY-NOVEMBER 82.8 18.1 -64.7 -78.1

2001/2002 2002/2003 CHANGE %CHANGE

APRIL 5.5 1.1 -4.4 -80.0 MAY 6.3 1.3 -5.0 -79.4 JUNE 7.4 0.9 -6.5 -87.8

APRIL-JUNE 19.2 3.3 -15.9 -82.8

JULY 4.6 1 -3.6 -78.3 AUGUST 12.5 1.3 -11.2 -89.6 SEPTEMBER 6.3 1.0 -5.3 -84.1

APRIL-SEPTEMBER 42.6 6.6 -36.0 -84.5

OCTOBER 0.1 1.0 0.9 900.0 NOVEMBER 12.3 1.1 -11.2 -91.1

APRIL-NOVEMBER 55.0 8.7 -46.3 -84.2

SOURCE: STATISTICAL INSTITUTE OF JAMAICAEXTERNAL SECTOR STATISTICS15 May, 2003

Stats Update Nov 2002

Page 19: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

JAN-SEPT SEPT

67.4 6.316 1.0

020406080

100

Mill

ions

JAN-NOV NOV

GARMENTS EXPORT US$Mn JAN - NOVEMBER

20012002

Page 20: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

BAUXITE

2001 2002 % 2001 2002 % Volumes Volumes Change Values Values Change (Tonnes) (Tonnes) ($ 000') ($ 000')

JANUARY 284000.0 343872.0 21.1 7361.0 8975.0 21.9FEBRUARY 319039.0 381291.0 19.5 8269.0 9952.0 20.4MARCH 322132.0 348313.0 8.1 8350.0 9091.0 8.9

JAN - MARCH 925171.0 1073476.0 16.0 23980.0 28018.0 16.8

APRIL 300398.0 312276.0 4.0 7786.0 8150.0 4.7MAY 264723.0 261528.0 -1.2 6862.0 6826.0 -0.5JUNE 343397.0 302985.0 -11.8 8901.0 7908.0 -11.2

JAN-JUNE 1833689.0 1950265.0 6.4 47529.0 50902.0 7.1

JULY 335005.0 340461.0 1.6 8683.0 8886.0 2.3AUGUST 304213.0 373926.0 22.9 7885.0 9759.0 23.8SEPTEMBER 346243.0 262602.0 -24.2 8975.0 6854.0 -23.6

JAN-SEPT 2819150.0 2927254.0 3.8 73072.0 76401.0 4.6

OCTOBER 267660.0 340077.0 27.1 6938.0 8876.0 27.9NOVEMBER 224931.0 374515.0 66.5 5830.0 9775.0 67.7

JAN-NOVEMBER 3311741.0 3641846.0 10.0 85840.0 95052.0 10.7

A L U M I N A

2001 2002 % 2001 2002 % Volumes Volumes Change Values Values Change (Tonnes) (Tonnes) ($ 000') ($ 000')

JANUARY 306868.0 335313.0 9.3 58075.0 55826.0 -3.9FEBRUARY 281990.0 235198.0 -16.6 53367.0 39158.0 -26.6MARCH 276903.0 335301.0 21.1 52404.0 55824.0 6.5APRIL 323473.0 300873.0 -7.0 59587.0 51163.0 -14.1MAY 291018.0 209245.0 -28.1 53608.0 35582.0 -33.6JUNE 373506.0 306649.0 -17.9 68804.0 52146.0 -24.2DECEMBER 330764.0 318794.0 -3.6 63153.0 59796.0 -5.3

JANUARY-DECEMBER 5510755.0 5354073.0 2.0 1040994.0 949845.0 -8.8FEBRUARY 288779.00 281990.00 -2.35 56297.00 51283.00 -8.91

JANUARY-MARCH 877732.0 865761.0 -1.4 171113.0 163846.0 -4.2JULY 278501.0 374962.0 34.6 50122.0 62067.0 23.8AUGUST 324992.0 314073.0 -3.4 58489.0 51989.0 -11.1SEPTEMBER 365140.0 199583.0 -45.3 65714.0 33037.0 -49.7

JAN-SEPT 2822391.0 2611197.0 -7.5 520170.0 436792.0 -16.0

OCTOBER 258925.0 403714.0 55.9 44786.0 66867.0 49.3NOVEMBER 209940.0 295491.0 40.8 36313.0 48942.0 34.8

JAN-NOVEMBER 3291256.0 3310402.0 0.6 601269.0 552601.0 -8.1

EXTERNAL SECTOR STATISTICS15/05/03

Page 21: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

2001 2002BAUXITE 73.1 76.0ALUMINA 520.2 435.6

0

200

400

600

800

Mill

ions

2001 2002

BAUXITE/ALUMINA US$Mn JAN - NOVEMBER

BAUXITE ALUMINA

Page 22: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

'EXPORTS OF SELECTED NON-TRADITIONAL DOMESTIC COMMODITIES

2001 2002 % 2001 2002 % 2001/02 2002/03 %

JAN-NOV JAN-NOV NOV NOV APR-NOV APR-NOV COMMODITIES ------------ FOOD ----ACKEE 8292.0 6835.0 -17.6 1108.0 499.0 -55.0 6097.0 4456.0 -26.9FISH 10834.0 4722.0 -56.4 1079.0 399.0 -63.0 9140.0 3426.0 -62.5BREADFRUIT 685.0 647.0 -5.5 103.0 68.0 -34.0 541.0 467.0 -13.7CUCUMBERS 63.0 9.0 -85.7 6.0 1.0 -83.3 26.0 5.0 -80.8PUMPKINS 664.0 548.0 -17.5 41.0 4.0 -90.2 343.0 205.0 -40.2OTHER VEGETABLES 462.0 293.0 -36.6 6.0 11.0 83.3 462.0 238.0 -48.5DASHEEN 1086.0 899.0 -17.2 123.0 61.0 -50.4 815.0 599.0 -26.5CASSAVA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0SWEET POTATOES 1544.0 1431.0 -7.3 138.0 155.0 12.3 1177.0 992.0 -15.7YAMS 12594.0 12556.0 -0.3 1591.0 899.0 -43.5 9333.0 9334.0 0.0AVOCADOES 293.0 211.0 -28.0 77.0 28.0 -63.6 291.0 211.0 -27.5MANGOES 910.0 561.0 -38.4 0.0 0.0 0.0 891.0 532.0 -40.3OTHER ROOTS 398.0 369.0 -7.3 20.0 29.0 45.0 283.0 261.0 -7.8PAPAYAS 3524.0 4092.0 16.1 263.0 210.0 -20.2 2710.0 3126.0 15.4MELON 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Total 37825.0 29081.0 -23.1 4292.0 2154.0 -49.8 29399.0 20726.0 -29.5

CRUDE MATERIALS --------------- Cut Flowers 151.0 91.0 -39.7 9.0 7.0 -22.2 97.0 56.0 -42.3 Live Plts.&Foliage 87.0 139.0 59.8 5.0 41.0 720.0 87.0 139.0 59.8

Total 238.0 230.0 -3.4 14.0 48.0 242.9 184.0 195.0 6.0

EXTERNAL SECTOR STATISTICS16-May-03

Page 23: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

TOURISM STATISTICS

2001 2002 % 2001 2002 %NOV NOV CHNG J-NOV J-NOV CHNG

TOTAL STOP-OVERS 82782 96095 16.1 1169941 1142546 -2.3FOREIGN NAT. STOP-OVERS(# of) 77072 89911 16.7 1093558 1068848 -2.3

Long Stay 72057 83525 15.9 1033452 1005516 -2.7 Short Stay 5015 6386 27.3 60106 63332 5.4

NON-RES. JAMAICANS 5710 6184 8.3 76383 73698 -3.5

CRUISE PASSENGERS 69827 82228 17.8 767444 747369 -2.6

TOTAL TOURISTS 152609 178323 16.8 1937385 1889915 -2.5

ARMED FORCES 0 N.A. - 1075 N.A. -

TOTAL VISITORS 152609 178323 16.8 1938460 1889915 -2.5

AVG.LENGTH.OF STAY 11.0 10.3 -6.4 10.1 10.0 -1.0

ESTM.EXPD.(US$MN) 79.6 86.7 8.9 1117.4 1045.0 -6.5

Avg. Est.Exp/per person/per day (US$) Stop-Overs 83.9 83.0 -1.1 A.forces/Cruise 85.1 85.0 -0.1

External Sector Statistics UnitEconomic Information & Publications Dept.17 January 2003

Page 24: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

0200000400000600000800000

100000012000001400000160000018000002000000

NOV JAN-NOV

Jamaica: Total Visitors

20012002

0

200

400

600

800

1000

1200

NOV JAN-NOV

Estimated Tourist Expenditure (US$mn)

20012002

Page 25: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

32.747.516.83.1

Composition of Visitors January - November 2001

53.3%

3.1%3.9%

39.6%

For. Nat. Long Stay For. Nat. Short Stay Non-Res. Jamaicans Cruise Passengers

Composition of Visitors January - November 2002

53.2%

3.4%3.9%

39.5%

For. Nat. Long Stay For. Nat. Short Stay Non-Res. Jamaicans Cruise Passengers

Page 26: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

TOURISM STATISTICS

2001/2002 2002/2003 %APR-NOV APR-NOV CHNG CHNG

T0TAL STOP-OVERS 811438 822239 10801 1.3FOREIGN NAT. STOP-OVERS 753020 764780 11760 1.6

Long Stay 710516 717258 6742 0.9Short Stay 42504 47522 5018 11.8

NON-RES. JAMAICANS 58418 57459 -959 -1.6

CRUISE PASSENGERS 473288 499624 26336 5.6

TOTAL TOURISTS 1284726 1321863 37137 2.9

ARMED FORCES 560 N.A. - -

TOTAL VISITORS 1285286 1321863 36577 2.8

AVG.LENGTH.OF STAY 10.6 10.3 -0.3 -2.8

ESTM.EXPD.(US$MN) 752.4 738.0 -14.4 -1.9

External Sector Statistics UnitEconomic Information & Publications Dept.17 January 2003

Page 27: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

SOURCES OF PRIVATE TRANSFERS(US$Mn)

2001 2002 2001 2002NOV NOV CHNG %CHNG JAN-NOV JAN-NOV CHNG %CHNG

TOTAL INFLOWS 80.9 101.0 20.1 24.8 874.5 1054.8 180.3 20.6

COMMERCIAL BANKS 9.6 25.0 15.4 160.4 168.9 253.9 85.0 50.3

REMITTANCE COMPS. 49.6 49.2 -0.4 -0.8 504.6 558.6 54.0 10.7

POST OFFICE 0.1 0.1 0.0 0.0 1.1 1.1 0.0 0.0

BUILDING SOCIETIES 19.4 24.5 5.1 26.3 176.3 217.0 40.7 23.1

OTHER 2.2 2.2 0.0 0.0 23.6 24.2 0.6 2.5

SOURCES OF PRIVATE TRANSFERS (US$Mn)

2001/2002 2002/2003APR-NOV APR-NOV CHNG %CHNG

TOTAL INFLOWS 639.9 790.4 150.5 23.5

COMMERCIAL BANKS 107.5 199.3 91.8 85.4

REMITTANCE COMPS. 381.3 406.2 24.9 6.5

POST OFFICE 0.8 0.8 0.0 0.0

BUILDING SOCIETIES 132.7 166.5 33.8 25.5

OTHER 17.6 17.6 0.0 0.0

External Sector Statistics UnitEconomic Information & Publications Dept.28 February 2003File Name: updtrantab

Page 28: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Sources of Private Transfers (US$mn) January - November 2001

19.3%

57.7%

2.8%20.2%

Commercial Banks Remittance Companies Building Societies Other

Sources of Private Transfers (US$mn) January- November 2002

24.1%

53.0%

2.4%20.6%

Commercial Banks Remittance Companies Building Societies Other

Page 29: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Balance of Payments of JamaicaUS$Mn

Jan - Nov Jan - Nov2001 2002 Change

1. Current Account -740.6 -956.3 -215.7 A. Goods Balance -1474.5 -1655.8 -181.3 Exports 1350.8 1202.8 -148.0 Imports 2825.3 2858.6 33.3

B. Services Balance 344.9 251.4 -93.5 Transportation -236.4 -247.8 -11.4 Travel 930.6 810.3 -120.3 Other Services -349.3 -311.1 38.2

C. Income -385.7 -413.9 -28.2 Compensation of employees 65.1 74.2 9.1 Investment Income -450.8 -488.1 -37.3

D. Current Transfers 774.7 862.0 87.3 Official 58.1 45.5 -12.6 Private 716.6 816.5 99.9

2. Capital & Financial Account 740.6 956.3 215.7 A. Capital Account -21.6 -21.2 0.4 Capital Transfers -21.6 -21.2 0.4 Official 2.1 0.2 -1.9 Private -23.7 -21.4 2.3 Acq/disp. of non-produced non-fin. assets 0.0 0.0 0.0

B. Financial Account 762.2 977.5 215.3 Other Official Investment 351.5 74.1 -277.4 Other Private Investment (incl.errors & omissions) 918.3 677.1 -241.2 Reserves -507.6 226.3 Govt. Reserves 0.0 0.0

1/Provisional

External Sector Statistics UnitEconomic Information & Publications Dept15 May 2003

Page 30: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Balance of Payments of JamaicaUS$Mn.

Jan - Nov Jan - Nov2001 2002 Change

Services (Net) 344.9 242.6 -102.3 Inflows 1728.9 1661.5 -67.4 Outflows 1384.0 1418.9 34.9

Transportation -236.4 -248.0 -11.6 Inflows 320.8 312.7 -8.1 Outflows 557.2 560.7 3.5

Travel 930.6 801.8 -128.8 Inflows 1117.4 1045.0 -72.4 Outflows 186.8 243.2 56.4

Other Services -349.3 -311.2 38.1 Inflows 290.7 303.8 13.1 Outflows 640.0 615.0 -25.0

Income (Net) -385.7 -423.6 -37.9

Compensation of Employees 65.1 74.2 9.1 Inflows 94.8 103.3 8.5 Outflows 29.7 29.1 -0.6

Investment Income -450.8 -497.8 -47.0 Inflows 103.1 104.0 0.9 Outflows 553.9 601.8 47.9 - Bank of Jamaica 5.1 2.6 -2.5 - Government Direct 228.6 245.6 17.0 - Government Guaranteed 3.1 1.7 -1.4 - Private 28.6 33.0 4.4 - Direct investment 273.6 299.1 25.5 - Other 14.9 19.8 4.9

Current Transfers (Net) 774.7 889.0 114.3 Inflows 938.6 1106.9 168.3 Outflows 163.9 217.9 54.0

Official 58.1 45.5 -12.6 Inflows 64.1 52.1 -12.0 Outflows 6.0 6.6 0.6

Private 716.6 843.5 126.9 Inflows 874.5 1054.8 180.3 Outflows 157.9 211.3 53.4

Page 31: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Balance of Payments of JamaicaUS$Mn.

Jan - Nov Jan - Nov2001 2002 Change

Capital & Financial Account (Net) 740.6 1012.6 272.0

Capital Account (Net) -21.6 -21.2 0.4 1. Capital Transfers -21.6 -21.2 0.4 Official 2.1 0.2 -1.9 Inflows 2.1 0.2 -1.9 Outflows 0.0 0.0 0.0

Private -23.7 -21.4 2.3 Inflows 10.6 12.7 2.1 Outflows 34.3 34.1 -0.2

2. Acq/disp. of non-produced non-fin. assets 0.0 0.0 0.0 Inflows 0.0 0.0 0.0 Outflows 0.0 0.0 0.0

Financial Account (Net) 762.2 1033.8 271.6

Other Official Investments 351.5 78.9 -272.6 Inflows 617.2 523.7 -93.5 Outflows 265.7 444.8 179.1

Other Private Investments(incl. errors $ omissions) 918.3 728.6 -189.7 Inflows 2515.5 2445.4 -70.1 Outflows 1597.2 1716.8 119.6

Reserves -507.6 226.3 Govt. Reserves 0.0 0.0

Page 32: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Balance of Payments of JamaicaUS$Mn.

Apr-Nov Apr-Nov2001/2002 2002/2003 Change

1. Current Account -560.7 -786.7 -226.0 A. Goods Balance -1056.3 -1278.7 -222.4 Exports 990.4 891.3 -99.1 Imports 2046.7 2170.0 123.3

B. Services Balance 191.5 137.3 -54.2 Transportation -185.1 -192.5 -7.4 Travel 612.0 545.6 -66.4 Other Services -235.4 -215.8 19.6

C. Income -259.2 -302.1 -42.9 Compensation of employees 60.9 71.6 10.7 Investment Income -320.1 -373.7 -53.6

D. Current Transfers 563.3 656.8 93.5 Official 36.5 34.8 -1.7 Private 526.8 622.0 95.2

2. Capital & Financial Account 560.7 786.7 226.0 A. Capital Account -16.5 -14.2 2.3 Capital Transfers -16.5 -14.2 2.3 Official 0.3 0.1 -0.2 Private -16.8 -14.3 2.5 Acq/disp. of non-produced non-fin. assets 0.0 0.0 0.0

B. Financial Account 577.2 800.9 223.7 Other Official Investment 236.5 26.8 -209.7 Other Private Investment(incl. Errors & omissions) 531.5 446.9 -84.6 Reserves -190.8 327.2 Govt. Reserves 0.0 0.0

External Sector Statistics UnitEconomic Information & Publications Dept.15 May 2003

Page 33: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Balance of Payments of JamaicaUS$Mn.

Apr-Nov Apr-Nov2001/2002 2002/2003 Change

Services (Net) 191.5 137.3 -54.2 Inflows 1181.5 1182.4 0.9 Outflows 990.0 1045.1 55.1

Transportation -185.1 -192.5 -7.4 Inflows 212.7 218.7 6.0 Outflows 397.8 411.2 13.4

Travel 612.0 545.6 -66.4 Inflows 752.4 738.0 -14.4 Outflows 140.4 192.4 52.0

Other Services -235.4 -215.8 19.6 Inflows 216.4 225.7 9.3 Outflows 451.8 441.5 -10.3

Income (Net) -259.2 -302.1 -42.9

Compensation of Employees 60.9 71.6 10.7 Inflows 83.9 92.9 9.0 Outflows 23.0 21.3 -1.7

Investment Income -320.1 -373.7 -53.6 Inflows 73.5 77.0 3.5 Outflows 393.6 450.7 57.1 - Bank of Jamaica 4.0 1.8 -2.2 - Government Direct 155.6 196.4 40.8 - Government Guaranteed 2.3 1.3 -1.0 - Private 20.8 24.0 3.2 - Direct Investment 199.9 212.8 12.9 - Other 11.0 14.4 3.4

Current Transfers (Net) 563.3 656.8 93.5 Inflows 680.9 830.0 149.1 Outflows 117.6 173.2 55.6

Official 36.5 34.8 -1.7 Inflows 41.0 39.6 -1.4 Outflows 4.5 4.8 0.3

Private 526.8 622.0 95.2 Inflows 639.9 790.4 150.5 Outflows 113.1 168.4 55.3

Page 34: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

Balance of Payments of Jamaica

US$Mn.Apr-Nov Apr-Nov

2001/2002 2002/2003 Change

Capital & Financial Account (Net) 560.7 786.7 226.0

Capital Account (Net) -16.5 -14.2 2.3 1. Capital Transfers -16.5 -14.2 2.3 Official 0.3 0.1 -0.2 Inflows 0.3 0.1 -0.2 Outflows 0.0 0.0 0.0

Private -16.8 -14.3 2.5 Inflows 8.2 10.5 2.3 Outflows 25.0 24.8 -0.2

2. Acq/disp. of non-produced non-fin. assets 0.0 0.0 0.0 Inflows 0.0 0.0 0.0 Outflows 0.0 0.0 0.0

Financial Account (Net) 577.2 800.9 223.7

Other Official Investments 236.5 26.8 -209.7 Inflows 436.6 433.8 -2.8 Outflows 200.1 407.0 206.9

Other Private Investments (incl.errors & omissions) 531.5 446.9 -84.6 Inflows 1714.6 1500.5 -214.1 Outflows 1183.1 1053.6 -129.5 Reserves -190.8 327.2 Govt. Reserves 0.0 0.0

Page 35: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

BA

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Page 36: THE BALANCE OF PAYMENTS STATISTICAL UPDATE November …

BA

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