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Jamaica Trade Summary

2022

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 2022

Overall Exports and Imports for Jamaica 2022

Exports and imports of Jamaica 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.

Jamaica top 5 Export and Import partners 2022

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

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

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

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

Jamaica Top 5 Productsexports imports at HS 6 digit level 2022

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 715,446.69 (US$ Thousands).
  2. Jamaica exported Natural gas, liquefied , worth 312,841.00 (US$ Thousands).
  3. Jamaica exported Aluminium oxide, other than artificial corundum , worth 224,037.76 (US$ Thousands).
  4. Jamaica exported Aluminium ores and concentrates , worth 76,342.57 (US$ Thousands).
  5. Jamaica 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 Jamaica along with trade value are

  1. Jamaica imported Petroleum oils, etc, (excl. crude); preparation , worth 1,152,539.05 (US$ Thousands).
  2. Jamaica imported Petroleum oils and oils obtained from bituminou , worth 728,222.39 (US$ Thousands).
  3. Jamaica imported Natural gas, liquefied , worth 402,919.84 (US$ Thousands).
  4. Jamaica imported Other medicaments of mixed or unmixed products, , worth 156,390.92 (US$ Thousands).
  5. Jamaica 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 Jamaica 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 Jamaica in 2022 are below

  • Jamaica GDP in current US dollar was 17,098 million.
  • GNI per capita, Atlas method (current US$) was 5,670.00 .
  • Jamaica Trade balance: as % of GDP was -17.24.
  • Trade balance in current US$ was -2,948.00 million.
  • Trade as percentage of GDP was 73.18 .
  • Trade in services as percentage of GDP was 45.26 .

Trade Indicators 2022

Trade Indicators for Jamaica in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.21.
  • Index of export market penetration was 2.15.
  • World Growth in percentage was 5.18 and Jamaica Country Growth was -14.31 .