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Jamaica Trade Summary

2016

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 2016

Overall Exports and Imports for Jamaica 2016

Exports and imports of Jamaica in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,202 million.
  • The total value of imports (CIF) was 4,767 million.
  • At the HS6 digit level, 1,620 products were exported to 114 countries and 3,689 products were imported from 123 countries.

Jamaica top 5 Export and Import partners 2016

Top five countries to which Jamaica exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Jamaica exports to United States worth US$ 498 million, with a partner share of 41.47 percent.
  2. Jamaica exports to Canada worth US$ 145 million, with a partner share of 12.09 percent.
  3. Jamaica exports to Netherlands worth US$ 124 million, with a partner share of 10.35 percent.
  4. Jamaica exports to Russian Federation worth US$ 71 million, with a partner share of 5.87 percent.
  5. Jamaica exports to United Kingdom worth US$ 50 million, with a partner share of 4.15 percent.

Top five countries from which Jamaica imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Jamaica imports from United States worth US$ 1,881 million, with a partner share of 39.46 percent.
  2. Jamaica imports from Trinidad and Tobago worth US$ 347 million, with a partner share of 7.27 percent.
  3. Jamaica imports from China worth US$ 311 million, with a partner share of 6.53 percent.
  4. Jamaica imports from Japan worth US$ 300 million, with a partner share of 6.30 percent.
  5. Jamaica imports from Mexico worth US$ 197 million, with a partner share of 4.12 percent.

Jamaica Top 5 Productsexports imports at HS 6 digit level 2016

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 446,787.10 (US$ Thousands).
  2. Jamaica exported Petroleum oils, etc, (excl. crude); preparation , worth 172,879.19 (US$ Thousands).
  3. Jamaica exported Aluminium ores and concentrates , worth 92,154.25 (US$ Thousands).
  4. Jamaica exported Rum and tafia , worth 39,803.58 (US$ Thousands).
  5. Jamaica exported Roots and tubers with high starch content, fres , worth 27,916.81 (US$ Thousands).

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 567,362.85 (US$ Thousands).
  2. Jamaica imported Petroleum oils and oils obtained from bituminou , worth 324,239.64 (US$ Thousands).
  3. Jamaica imported Automobiles with reciprocating piston engine di , worth 244,803.81 (US$ Thousands).
  4. Jamaica imported Other medicaments of mixed or unmixed products, , worth 127,306.52 (US$ Thousands).
  5. Jamaica imported Other food preparations, nes , worth 87,373.62 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Jamaica in 2016 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 10.28 percent.
  • The trade weighted average tariff was 10.84 .
  • The total duty free imports in thousands of US dollars were 1,485,935.25 and duty free tariff line items share was 33.22 percent.

Development Indicators 2016

Key Development Indicators of Jamaica in 2016 are below

  • Jamaica GDP in current US dollar was 14,077 million.
  • GNI per capita, Atlas method (current US$) was 4,770.00 .
  • Jamaica Trade balance: as % of GDP was -12.83.
  • Trade balance in current US$ was -1,806.00 million.
  • Trade as percentage of GDP was 76.46 .
  • Trade in services as percentage of GDP was 38.27 .

Trade Indicators 2016

Trade Indicators for Jamaica in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 2.27.
  • World Growth in percentage was -1.35 and Jamaica Country Growth was -8.83 .