Top Products Imported by Jamaica
| Rank | Product | Trade Value (thousands) | Share (%) | Growth (% 5yr) |
| 1 | Non Crude Oil | 1,138,264 | 9.21 | 214.08 |
| 2 | Passenger Vehicles | 172,452 | 1.40 | 30.53 |
| 3 | Cel Phones, Video Recorders & Radio Tran ... | 134,275 | 1.09 | -5.21 |
| 4 | Sodium Hydrox | 125,262 | 1.01 | 97.68 |
What are the major imports and exports of Jamaica?
3 rows · Apr 16, 2020 · Jamaica mainly imports oil, ethanol, wheat, lye, electronic appliances, vehicles, metals and ...
What does Jamaica export to other countries?
Jamaica mainly imports oil, ethanol, wheat, lye, electronic appliances, vehicles, metals and rice. Jamaica’s main imports partner is the United States (42 percent of total imports). Other imports partners include Venezuela, Trinidad & Tobago, China, Brazil, Japan, Canada, the United Kingdom and Mexico. Compare Imports by Country
What can I export from Jamaica?
1038 rows · Jamaica Major Imports. Based on the statistics of United Nations, Jamaica imported US$12,359 ...
What are goods and services does Jamaica produce?
Jamaica's main imports are food and other consumer goods, industrial suppliers, fuel, parts and accessories of capital goods, machinery and transport equipment, construction materials. Main sources of imports are US, Trinidad and Tobago, Venezuela and Brazil.
What are the main imports in Jamaica?
Jamaica's imports include petroleum products, motor vehicles and parts, machinery, chemicals, food and beverages, telephone equipment, medicaments, paper products, textiles and clothing and footwear.Sep 5, 2019
What are Jamaica's main imports and exports?
The main export commodities are alumina, bauxite, sugar, rum, coffee, yams, beverages, chemicals, wearing apparel and mineral fuels. The main imports are food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, construction materials machinery, and transport equipment.
What are Jamaica's major exports?
The principal exports are aluminum and bauxite, which account for approximately one-third of export earnings; sugar, bananas, coffee, and other agricultural products, beverages and tobacco, and chemicals constitute most of the remainder. The United States is, by far, Jamaica's main trading partner.
What is Jamaica's number one import?
Jamaica mainly imports oil, ethanol, wheat, lye, electronic appliances, vehicles, metals and rice. Jamaica's main imports partner is the United States (42 percent of total imports). Other imports partners include Venezuela, Trinidad & Tobago, China, Brazil, Japan, Canada, the United Kingdom and Mexico.
What does Jamaica import from New Zealand?
Jamaica Imports from New Zealand of Dairy products, eggs, honey, edible products was US$19.16 Million during 2020, according to the United Nations COMTRADE database on international trade.
What does Jamaica import from Trinidad and Tobago?
The chief imports from Trinidad into Jamaica are mineral fuels, food, beverages and tobacco.May 10, 2016
What are imported goods?
Imports are any resources, goods, or services that producers in one country sell to buyers in another country.
What food does Jamaica Import?
The main products imported by Jamaica included wheat, corn, rice, soybean meal, soybean oil, vegetable oils (excluding soybean), refined sugar. In some cases, food processors have agreements with local producers that supply their inputs.
What are Jamaica's resources?
Jamaica has natural resources, primarily bauxite, adequate water supplies, and climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar and bananas.
How does Jamaica import goods?
Jamaica's main imports are food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment and construction materials. The main import partners are the USA, CARICOM, Germany, Venezuela, France and Japan.Apr 30, 2019
What does Jamaica import from United States?
Jamaica Imports from United States. Value. Year. Mineral fuels, oils, distillation products. $387.74M.
What is Jamaica's economy based on?
The economy of Jamaica is heavily reliant on services, accounting for 70% of the country's GDP. Jamaica has natural resources and a climate conducive to agriculture and tourism.
Most Specialized Products by RCA Index
Jamaica has a high level of specialization in Aluminium Oxide (544), Vermouth (324), Aluminium Ore (154), Limestone (38.6), and Cassava (29.1). Specialization is measured using RCA, an index that takes the ratio between Jamaica observed and expected exports in each product.
Most Complex Products by PCI
The highest complexity exports of Jamaica according to the product complexity index (PCI) are Articles of glass, nes (1.08), Equipment for soldering, brazing or welding (0.81), Watches with case of, or clad with, precious metal (0.49), Refractory brick, block, tile etc not siliceous-earths (0.48), and Paints and varnishes nes, water pigments for leather (0.41).
Export Opportunities by Relatedness
The top export opportunities for Jamaica according to the relatedness index, are Gold (0.15), Tropical Fruits (0.15), Other Oily Seeds (0.14), Non-fillet Frozen Fish (0.14), and Non-fillet Fresh Fish (0.13). Relatedness measures the distance between a country's current exports and each product.
What did Jamaica export in 2019?
47% ($748 million): 2818 - Artificial corundum, whether or not chemically defined; aluminium oxide; aluminium hydroxide.
What did Jamaica import in 2019?
14.1% ($897 million): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
What is the unemployment rate in Jamaica in 2021?
Jamaica’s unemployment rate was 8.9% at January 2021, up from 7.3% one year earlier according to Trading Economics. Jamaica’s capital city is Kingston. See also Bermuda’s Top 10 Exports, Cuba’s Top 10 Exports and Sugar Exports by Country. Research Sources:
What is net export?
Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.
