* Trade deficit in January 2012 at US$ 965.5mn
* Earnings from exports in January 2012 stood at US$ 918mn, declining 0.6% from January 2011, which was largely attributable to the decline in earnings from agricultural exports.
* Industrial exports, which contribute about 80% to the total exports, grew by 3.3% to US$ 733mn in January 2012.
* The expenditure on imports increased by 20.1% (Y-o-Y) to US$ 1,883mn in January 2012.
* Expenditure on petroleum imports increased by 18.9% to US$ 484mn in January 2012 compared to that of January 2011, reflecting a substantial increase in prices.
* Tourist arrivals in January 2012 increased by 15.7% to 85,874 while earnings from tourism grew by 22.9% to US$ 88mn compared to the corresponding month of 2011.
* Workers' remittances amounted to US$ 473mn in January 2012 compared to US$ 377mn in January 2011, recording a Y-o-Y growth of 25.4%.
source - acuity stock brokers
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