Jamaica (JAM)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Jamaica - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | USA (USA) | 50.5% $1.01B | 41.3% $3.13B | 43.2% $4.15B |
| 2 | China (CHN) | 0.0% $0 | 8.0% $607.68M | 6.3% $607.68M |
| 3 | Brazil (BRA) | 0.0% $0 | 4.8% $364.68M | 3.8% $364.68M |
| 4 | Japan (JPN) | 0.8% $16.76M | 3.8% $290.87M | 3.2% $307.63M |
| 5 | Colombia (COL) | 0.0% $0 | 3.7% $282.94M | 2.9% $282.94M |
| 6 | Trinidad and Tobago (TTO) | 1.8% $35.91M | 3.0% $227.23M | 2.7% $263.14M |
| 7 | Russian Federation (RUS) | 6.9% $138.05M | 1.3% $100.52M | 2.5% $238.57M |
| 8 | Canada (CAN) | 2.3% $46.67M | 1.7% $126.21M | 1.8% $172.88M |
| 9 | United Kingdom (GBR) | 3.4% $68.93M | 1.3% $101.53M | 1.8% $170.46M |
| 10 | Mexico (MEX) | 0.0% $0 | 2.2% $164.44M | 1.7% $164.44M |
- Jamaica's total trade in 2024 reached $9.6B, with a trade balance of -$5.6B.
- Exports from Jamaica totaled $2.0B, ranking the country 149th globally in exports.
- Imports to Jamaica were valued at $7.6B, ranking it 142nd for imports worldwide.
- The United States was Jamaica's top export destination, receiving 50.5% of exports valued at $1.0B.
- Mineral fuels (HS2 27) were the top export, accounting for 43.3% of total exports with a value of $867.6M.
- The United States was also the largest source of imports, providing $3.1B (41.3% of total imports).
Jamaica's Trade Performance in 2024
In 2024, Jamaica's international trade activity involved $2.0B in exports and $7.6B in imports, resulting in a total trade volume of $9.6B. This positioned the country at a global trade rank of 149. The trade balance for the year was a deficit of -$5.6B.
Top Trading Partners
Jamaica's primary export market is the United States, which received goods worth $1.0B, constituting 50.5% of all exports. Other significant export partners include the Russian Federation ($138.0M) and Latvia ($131.1M). On the import side, the United States is the dominant partner, supplying $3.1B or 41.3% of Jamaica's total imports. China follows, providing goods valued at $607.7M (8.0% share), and Brazil with $364.7M.
Key Traded Products
The leading category for Jamaica's exports was Mineral fuels (HS2 27), with a total export value of $867.6M, representing 43.3% of the country's export market. Inorganic chemicals (HS2 28) also played a crucial role, with exports amounting to $484.7M. In terms of imports, Mineral fuels (HS2 27) were the most significant category, valued at $2.0B, which is 26.9% of total imports. Vehicles (HS2 87) were the second-largest import category at $619.5M.
Exports
Jamaica - exports over time (Exports), 2015-2023 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Jamaica - export composition by product categories (Exports), 2024 (USD)
Jamaica - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Jamaica - imports over time (Imports), 2015-2023 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.