Exports are on the increase in key areas
Total export in 2012 amounted to US$1,065.47mn, higher than US$349.22mn recorded in 2011. This shows significant improvement in export performance. The improvement can be attributed largely to improvement in earnings from mineral exports, namely diamond, rutile and iron ore complemented by the huge jump in earnings from other exports.
Earnings from the Agricultural Exports in 2012 decreased by 36.02 percent to US$29.93mn, partly on account of a drop in receipts from export of cocoa beans constituting over 80 percent of agricultural earnings. The volume of cocoa beans exported in 2012 amounted to 65.55 thousand metric tons with an estimated value of US$25.71mn which was a significant increase in volume terms than was recorded in 2011 while there was 41.60 percent drop in value terms compared to the preceding year. Proceeds from export of fish & shrimps decreased from US$0.75mn in 2011 to US$0.47mn in 2012.
|Mineral Exports||170,211.4||138,652.9||2 00,649.6||240,733.7||792,256.6|
|Fish and Shrimps||2,045.4||14,800.9||150.6||746.6||468.3|