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Jamaica Trade Summary

2014

Jamaica 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 JAMAICA 2014

Overall Exports and Imports for Jamaica 2014

Exports and imports of Jamaica in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,452 million.
  • The total value of imports (CIF) was 5,836 million.
  • At the HS6 digit level, 1,444 products were exported to 103 countries and 3,568 products were imported from 109 countries.

Jamaica top 5 Export and Import partners 2014

Top five countries to which Jamaica exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Jamaica exports to United States worth US$ 572 million, with a partner share of 39.37 percent.
  2. Jamaica exports to Canada worth US$ 222 million, with a partner share of 15.31 percent.
  3. Jamaica exports to Netherlands worth US$ 83 million, with a partner share of 5.70 percent.
  4. Jamaica exports to Russian Federation worth US$ 75 million, with a partner share of 5.15 percent.
  5. Jamaica exports to United Kingdom worth US$ 74 million, with a partner share of 5.12 percent.

Top five countries from which Jamaica imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Jamaica imports from United States worth US$ 2,279 million, with a partner share of 39.05 percent.
  2. Jamaica imports from Venezuela worth US$ 683 million, with a partner share of 11.70 percent.
  3. Jamaica imports from Trinidad and Tobago worth US$ 596 million, with a partner share of 10.21 percent.
  4. Jamaica imports from China worth US$ 395 million, with a partner share of 6.76 percent.
  5. Jamaica imports from Mexico worth US$ 193 million, with a partner share of 3.31 percent.

Jamaica Top 5 Productsexports imports at HS 6 digit level 2014

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

  1. Jamaica exported Aluminium oxide, other than artificial corundum , worth US$ 531,566.63 million.
  2. Jamaica exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 298,864.44 million.
  3. Jamaica exported Aluminium ores and concentrates , worth US$ 131,848.86 million.
  4. Jamaica exported Rum and tafia , worth US$ 44,920.45 million.
  5. Jamaica exported Roots and tubers with high starch content, fres , worth US$ 24,240.51 million.

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

  1. Jamaica imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,255,184.03 million.
  2. Jamaica imported Petroleum oils and oils obtained from bituminou , worth US$ 642,218.22 million.
  3. Jamaica imported Other medicaments of mixed or unmixed products, , worth US$ 127,413.45 million.
  4. Jamaica imported Automobiles with reciprocating piston engine di , worth US$ 112,230.02 million.
  5. Jamaica imported Other food preparations, nes , worth US$ 69,626.89 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Jamaica in 2014 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2014

Key Development Indicators of Jamaica in 2014 are below

  • Jamaica GDP in current US dollar was 13,899 million.
  • GNI per capita, Atlas method (current US$) was 4,910.00 .
  • Jamaica Trade balance: as % of GDP was -22.23.
  • Trade balance in current US$ was -3,090.00 million.
  • Trade as percentage of GDP was 84.74 .
  • Trade in services as percentage of GDP was 37.39 .

Trade Indicators 2014

Trade Indicators for Jamaica in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 2.05.
  • World Growth in percentage was 0.12 and Jamaica Country Growth was -4.40 .