Jamaica

ECON COMPLEXITY (2018)

-0.25

RANK 79 OF 137

PRODUCT EXPORTS (2018)

$1.25B

RANK 143 OF 222

EXPORTS PER CAPITA (2018)

$425

RANK 205 OF 219

PRODUCT IMPORTS (2018)

$4.4B

RANK 135 OF 221

IMPORTS PER CAPITA (2018)

$1.5K

RANK 194 of 219

SERVICE EXPORTS (2018)

$3.83B

RANK 49 OF 88

SERVICE IMPORTS (2018)

$2.51B

RANK 56 OF 88

GDP (2018)

$15.7B

CURRENT US$
RANK 121 OF 196

GDP GROWTH (2008-2018)

14.9%

CURRENT US$
RANK 135 OF 196

GDP PC (2018)

$5,354

CURRENT US$
RANK 107 OF 196

GDP PC GROWTH (2008-2018)

8.88%

Overview: This page contains the latest international trade data for Jamaica, including service trade data, and tariffs. In 2018 Jamaica was the number 121 economy in the world in terms of GDP (current US$), the number 143 in total exports, the number 135 in total imports, and the number 79 most complex economy according to the Economic Complexity Index (ECI). In 2018, Jamaica exported $1.25B and imported $4.4B, resulting in a negative trade balance of -$3.15B. In 2018, Jamaica’s exports per capita were $425 and its imports per capita were $1.5k.

Trade: The top exports of Jamaica are Aluminium Oxide ($688M), Aluminium Ore ($123M), Hard Liquor ($83M), Beer ($33.3M), and Other Processed Fruits and Nuts ($32.2M). The top imports of Jamaica are Refined Petroleum ($813M), Cars ($325M), Sodium or Potassium Peroxides ($179M), Crude Petroleum ($105M), and Raw Iron Bars($58.6M).

Destinations: Jamaica exports mostly to United States ($336M), Norway ($149M), Germany ($125M), Russia ($105M), and Iceland($91.1M), and imports mostly from United States ($2.03B), China($584M), Japan ($238M), Germany ($118M), and Mexico ($109M).

Location: Jamaica borders Colombia, Cuba, Haiti, and Cayman Islands by sea.

Exports

In 2018 Jamaica exported a total of $1.25B, making it the number 143 exporter in the world. During the last five reported years the exports of Jamaica have changed by -$288M from $1.54B in 2013 to $1.25B in 2018.

The most recent exports are led by Aluminium Oxide ($688M), Aluminium Ore ($123M), Hard Liquor ($83M), Beer ($33.3M), and Other Processed Fruits and Nuts ($32.2M).

Imports

In 2018 Jamaica imported $4.4B, making it the number 135 trade destination in the world. During the last five reported years the imports of Jamaica changed by -$1.8B from $6.19B in 2013 to $4.4B in 2018.

The most recent imports of Jamaica are led by Refined Petroleum ($813M), Cars ($325M), Sodium or Potassium Peroxides ($179M), Crude Petroleum ($105M), and Raw Iron Bars ($58.6M).

Trade Balance

As of 2018 Jamaica had a negative trade balance of $4.49B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $399M in net imports.

Destinations

The most common destination for the exports of Jamaica are United States ($336M), Norway ($149M), Germany ($125M), Russia ($105M), and Iceland ($91.1M).

Origins

The most common import partners for Jamaica are United States ($2.03B), China ($584M), Japan ($238M), Germany ($118M), and Mexico ($109M).