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Jamaica – Trade Statistics

  • Jamaica is the 144th largest export economy in the world and the 73rd most complex economy according to the Economic Complexity Index (ECI). In 2014, Jamaica exported $1.43B and imported $5.8B, resulting in a negative trade balance of $4.38B. In 2014 the GDP of Jamaica was $13.9B and its GDP per capita was $8.88k.
  • The top exports of Jamaica are Aluminium Oxide ($626M), Aluminium Ore ($127M), Refined Petroleum ($101M), Hard Liquor ($64.4M) and Raw Sugar ($55.6M), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Refined Petroleum ($1.2B), Crude Petroleum ($598M), Cars ($165M), Packaged Medicaments ($121M) and Petroleum Gas ($99M).
  • The top export destinations of Jamaica are the United States ($383M), Canada ($227M), the United Kingdom ($81M), Russia ($74.7M) and the Netherlands ($73.5M).
  • The top import origins are the United States ($2.2B), Venezuela ($620M), Trinidad and Tobago ($571M), China ($446M) and Mexico ($197M).
  • Jamaica holds a place of 64th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Jamaica has increased it’s ranking from 12 to 7. and also increased it’s ranking from 17 to 9 in case of ‘Starting a Business’.