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You're reading: Ministry adjusts trade numbers with Belize
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Exports to Belize grew even faster this year. In the first five months of 2013 exports of oil products to Belize, an oil-rich nation itself, topped $740 million. And then, out of the blue, the government changed its statistics.

The Ministry for Revenues and Fees released six-month data on July 30 that showed the export of oil products to Belize somehow shrank to $92.7 million. The State Statistics Service followed suit. This means that $648 million worth of gasoline products somehow vanished.

The change in statistics was interpreted by industry experts as a cover-up for vast business activities, possibly shady. Both the ministry and the State Statistics Committee denied wrongdoing, saying the change was of a purely technical nature.

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