KINGSTON, Jamaica, CMC – Jamaica says it has narrowed its trade deficit by 0.3 per cent at the start of the year to US$401 million. The figure represents a US$1.2 million improvement over the corresponding period in January 2012. According to the figures released here, the island’s trade deficit with its Caribbean Community (CARICOM) partners fell by US$11.2 million or 18 per cent to US$51 million, down from US$62.2 million over the comparative period last year.
