Exports of Services slowed down by 14.3 percent during the first quarter of 2017 as compared with 15.3 percent posted in the same period of the previous year. Miscellaneous services was the highest contributor to the growth with 20.2 percent. Other contributors to the growth were: Transportation, 22.4 percent; Government, 34.2 percent; and, Insurance, 44.1 percent.

On the other hand, Travel declined by 18.1 percent compared with 15.0 percent growth registered during the same period in 2016.