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Jamaica Trade Summary

2021

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 2021

Overall Exports and Imports for Jamaica 2021

Exports and imports of Jamaica in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,481 million.
  • The total value of imports (CIF) was 5,971 million.
  • At the HS6 digit level, 1,450 products were exported to 109 countries and 3,611 products were imported from 132 countries.

Jamaica top 5 Export and Import partners 2021

Top five countries to which Jamaica exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Jamaica exports to United States worth US$ 756 million, with a partner share of 51.08 percent.
  2. Jamaica exports to Netherlands worth US$ 147 million, with a partner share of 9.92 percent.
  3. Jamaica exports to Canada worth US$ 98 million, with a partner share of 6.65 percent.
  4. Jamaica exports to United Kingdom worth US$ 64 million, with a partner share of 4.31 percent.
  5. Jamaica exports to Russian Federation worth US$ 44 million, with a partner share of 2.98 percent.

Top five countries from which Jamaica imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Jamaica imports from United States worth US$ 2,424 million, with a partner share of 40.59 percent.
  2. Jamaica imports from Brazil worth US$ 514 million, with a partner share of 8.61 percent.
  3. Jamaica imports from China worth US$ 464 million, with a partner share of 7.77 percent.
  4. Jamaica imports from Japan worth US$ 206 million, with a partner share of 3.46 percent.
  5. Jamaica imports from Turkey worth US$ 190 million, with a partner share of 3.18 percent.

Jamaica Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Jamaica exported Petroleum oils, etc, (excl. crude); preparation , worth 435,515.04 (US$ Thousands).
  2. Jamaica exported Aluminium oxide, other than artificial corundum , worth 387,723.45 (US$ Thousands).
  3. Jamaica exported Aluminium ores and concentrates , worth 71,830.14 (US$ Thousands).
  4. Jamaica exported Natural gas, liquefied , worth 71,063.46 (US$ Thousands).
  5. Jamaica exported Other fruit, etc, prepared or preserved, nes , worth 64,375.87 (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 667,727.67 (US$ Thousands).
  2. Jamaica imported Petroleum oils and oils obtained from bituminou , worth 580,889.97 (US$ Thousands).
  3. Jamaica imported Natural gas, liquefied , worth 222,775.63 (US$ Thousands).
  4. Jamaica imported Other food preparations, nes , worth 142,012.44 (US$ Thousands).
  5. Jamaica imported Other medicaments of mixed or unmixed products, , worth 140,830.79 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Jamaica in 2021 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 8.95 percent.
  • The trade weighted average tariff was 8.61 .
  • The total duty free imports in thousands of US dollars were 1,989,014.18 and duty free tariff line items share was 42.97 percent.

Development Indicators 2021

Key Development Indicators of Jamaica in 2021 are below

  • Jamaica GDP in current US dollar was 14,658 million.
  • GNI per capita, Atlas method (current US$) was 5,190.00 .
  • Jamaica Trade balance: as % of GDP was -18.28.
  • Trade balance in current US$ was -2,680.00 million.
  • Trade as percentage of GDP was 73.35 .
  • Trade in services as percentage of GDP was 41.36 .

Trade Indicators 2021

Trade Indicators for Jamaica in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.23.
  • Index of export market penetration was 2.22.
  • World Growth in percentage was 12.50 and Jamaica Country Growth was 3.12 .