By Zoila Palma: Belize’s domestic merchandise exports declined by 4.9 percent in August 2026, falling from $32.7 million in August 2025 to $31.1 million, according to the latest trade figures from the Statistical Institute of Belize (SIB).
The decline was largely driven by lower earnings from several major export commodities.
Sugar exports fell by $2.7 million, from $6.5 million last August to $3.8 million this year, as exported quantities dropped by more than one-third.
Earnings from citrus products also declined by $1.8 million, from $2.8 million to $1 million, mainly due to reduced exports of orange concentrate.
Marine products recorded a $1.1 million decrease, falling from $5.7 million to $4.7 million, primarily because of lower lobster exports.
Other declines included black-eyed peas, with earnings dropping from $0.3 million to less than $0.1 million.
However, some commodities recorded increases. Banana earnings rose by $2.8 million, from $6.2 million in August 2025 to $9.1 million in August 2026, while animal feed increased from $0.3 million to $0.5 million.
The post Exports down: Belize earns $1.6 Million less in August 2026 appeared first on Belize News and Opinion on www.breakingbelizenews.com.
By Zoila Palma: Belize’s domestic merchandise exports declined by 4.9 percent in August 2026, falling from $32.7 million in August 2025 to $31.1 million, according to the latest trade figures from the Statistical Institute of Belize (SIB). The decline was largely driven by lower earnings from several major export commodities. Sugar exports fell by $2.7
The post Exports down: Belize earns $1.6 Million less in August 2026 appeared first on Belize News and Opinion on www.breakingbelizenews.com.