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JAM. Trade Summary

2022

JAM. exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR JAM. 2022

Overall Exports and Imports for JAM. 2022

Exports and imports of JAM. in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,901 million.
  • The total value of imports (CIF) was 7,731 million.
  • At the HS6 digit level, 1,370 products were exported to 100 countries and 3,624 products were imported from 130 countries.

JAM. top 5 Export and Import partners 2022

Top five countries to which JAM. exported in 2022 are below, along with the percent of total exports that went to that country:

  1. JAM. exports to United States worth US$ 1,154 million, with a partner share of 60.72 percent.
  2. JAM. exports to Russian Federation worth US$ 100 million, with a partner share of 5.25 percent.
  3. JAM. exports to United Kingdom worth US$ 78 million, with a partner share of 4.10 percent.
  4. JAM. exports to Canada worth US$ 76 million, with a partner share of 4.00 percent.
  5. JAM. exports to Iceland worth US$ 44 million, with a partner share of 2.33 percent.

Top five countries from which JAM. imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. JAM. imports from United States worth US$ 3,225 million, with a partner share of 41.71 percent.
  2. JAM. imports from China worth US$ 573 million, with a partner share of 7.41 percent.
  3. JAM. imports from Brazil worth US$ 524 million, with a partner share of 6.78 percent.
  4. JAM. imports from Trinidad and Tobago worth US$ 442 million, with a partner share of 5.72 percent.
  5. JAM. imports from Japan worth US$ 242 million, with a partner share of 3.13 percent.

JAM. Top 5 Productsexports imports at HS 6 digit level 2022

The top five exported HS 6 digit level products to world by JAM. along with trade value are:

  1. JAM. exported Petroleum oils, etc, (excl. crude); preparation , worth 715,446.69 (US$ Thousands).
  2. JAM. exported Natural gas, liquefied , worth 312,841.00 (US$ Thousands).
  3. JAM. exported Aluminium oxide, other than artificial corundum , worth 224,037.76 (US$ Thousands).
  4. JAM. exported Aluminium ores and concentrates , worth 76,342.57 (US$ Thousands).
  5. JAM. exported Other fruit, etc, prepared or preserved, nes , worth 64,019.42 (US$ Thousands).

The top five imported HS 6 digit level products from world by JAM. along with trade value are

  1. JAM. imported Petroleum oils, etc, (excl. crude); preparation , worth 1,152,539.05 (US$ Thousands).
  2. JAM. imported Petroleum oils and oils obtained from bituminou , worth 728,222.39 (US$ Thousands).
  3. JAM. imported Natural gas, liquefied , worth 402,919.84 (US$ Thousands).
  4. JAM. imported Other medicaments of mixed or unmixed products, , worth 156,390.92 (US$ Thousands).
  5. JAM. imported Other food preparations, nes , worth 156,057.67 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by JAM. in 2022 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 9.64 percent.
  • The trade weighted average tariff was 9.25 .
  • The total duty free imports in thousands of US dollars were 2,890,677.91 and duty free tariff line items share was 35.48 percent.

Development Indicators 2022

Key Development Indicators of JAM. in 2022 are below

  • JAM. GDP in current US dollar was 17,098 million.
  • GNI per capita, Atlas method (current US$) was 5,730.00 .
  • JAM. Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 45.26 .

Trade Indicators 2022

Trade Indicators for JAM. in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 2.30.
  • World Growth in percentage was 5.84 and JAM. Country Growth was -10.59 .