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Jamaica Trade Summary

2015

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 2015

Overall Exports and Imports for Jamaica 2015

Exports and imports of Jamaica in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,263 million.
  • The total value of imports (CIF) was 4,993 million.
  • At the HS6 digit level, 1,296 products were exported to 93 countries and 3,569 products were imported from 120 countries.

Jamaica top 5 Export and Import partners 2015

Top five countries to which Jamaica exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Jamaica exports to United States worth US$ 467 million, with a partner share of 36.99 percent.
  2. Jamaica exports to Canada worth US$ 182 million, with a partner share of 14.45 percent.
  3. Jamaica exports to Netherlands worth US$ 110 million, with a partner share of 8.74 percent.
  4. Jamaica exports to Iceland worth US$ 99 million, with a partner share of 7.84 percent.
  5. Jamaica exports to Russian Federation worth US$ 88 million, with a partner share of 6.95 percent.

Top five countries from which Jamaica imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Jamaica imports from United States worth US$ 1,873 million, with a partner share of 37.51 percent.
  2. Jamaica imports from Trinidad and Tobago worth US$ 474 million, with a partner share of 9.50 percent.
  3. Jamaica imports from China worth US$ 409 million, with a partner share of 8.19 percent.
  4. Jamaica imports from Venezuela worth US$ 354 million, with a partner share of 7.08 percent.
  5. Jamaica imports from Japan worth US$ 177 million, with a partner share of 3.55 percent.

Jamaica Top 5 Productsexports imports at HS 6 digit level 2015

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$ 542,298.51 million.
  2. Jamaica exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 193,480.66 million.
  3. Jamaica exported Aluminium ores and concentrates , worth US$ 129,858.79 million.
  4. Jamaica exported Rum and tafia , worth US$ 35,025.92 million.
  5. Jamaica exported Coffee, not roasted or decaffeinated , worth US$ 25,197.00 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$ 685,186.61 million.
  2. Jamaica imported Petroleum oils and oils obtained from bituminou , worth US$ 414,322.28 million.
  3. Jamaica imported Other medicaments of mixed or unmixed products, , worth US$ 130,965.32 million.
  4. Jamaica imported Automobiles with reciprocating piston engine di , worth US$ 124,772.92 million.
  5. Jamaica imported Telegraphic apparatus, nes , worth US$ 71,782.22 million.

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Jamaica in 2015 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 9.70 percent.
  • The trade weighted average tariff was 10.52 .
  • The total duty free imports in thousands of US dollars were 1,613,511.09 and duty free tariff line items share was 35.52 percent.

Development Indicators 2015

Key Development Indicators of Jamaica in 2015 are below

  • Jamaica GDP in current US dollar was 14,189 million.
  • GNI per capita, Atlas method (current US$) was 4,870.00 .
  • Jamaica Trade balance: as % of GDP was -16.27.
  • Trade balance in current US$ was -2,309.00 million.
  • Trade as percentage of GDP was 76.12 .
  • Trade in services as percentage of GDP was 36.79 .

Trade Indicators 2015

Trade Indicators for Jamaica in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 2.17.
  • World Growth in percentage was -6.30 and Jamaica Country Growth was -1.29 .