Jamaica

Compare Jamaica →

JM · JAM · BACI 388 · latest data 2024

Exports

$1.2B USD, nominal · 2024

= $1,234 M35.7% over 5 yrs (down)

Imports

$6.3B USD, nominal · 2024

= $6,336 M3.7% over 5 yrs (down)

Trade balancedeficit

−$5.1B USD, nominal · 2024

= −$5,102 M

Total trade

$7.6B USD, nominal · 2024

= $7,571 M11.0% over 5 yrs (down)

World position: #151 of 225 exporters · bottom half · #136 of 225 importers · bottom half · 2024
World export share since 1995: −0.0 pp

Trade timeline

Jamaica's exports fell from $1.8B in 1995 to $1.2B in 2024; the 2024 balance was −$5.1B.

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Exports, imports, trade balance and total trade of Jamaica per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$1,769 M	$2,374 M	−$606 M	$4,143 M
1996	$2,032 M	$3,233 M	−$1,200 M	$5,265 M
1997	$1,943 M	$3,443 M	−$1,500 M	$5,386 M
1998	$1,860 M	$3,358 M	−$1,498 M	$5,218 M
1999	$1,705 M	$3,078 M	−$1,373 M	$4,783 M
2000	$1,671 M	$3,396 M	−$1,725 M	$5,067 M
2001	$1,583 M	$3,701 M	−$2,118 M	$5,285 M
2002	$1,530 M	$3,911 M	−$2,381 M	$5,441 M
2003	$1,585 M	$4,046 M	−$2,461 M	$5,630 M
2004	$1,721 M	$4,237 M	−$2,517 M	$5,958 M
2005	$1,949 M	$5,338 M	−$3,389 M	$7,286 M
2006	$2,504 M	$5,827 M	−$3,322 M	$8,331 M
2007	$2,836 M	$7,119 M	−$4,283 M	$9,955 M
2008	$2,644 M	$8,746 M	−$6,102 M	$11,390 M
2009	$1,612 M	$5,232 M	−$3,620 M	$6,845 M
2010	$1,492 M	$5,505 M	−$4,013 M	$6,997 M
2011	$1,784 M	$6,591 M	−$4,808 M	$8,375 M
2012	$1,620 M	$6,820 M	−$5,200 M	$8,440 M
2013	$1,562 M	$6,439 M	−$4,877 M	$8,001 M
2014	$1,455 M	$5,914 M	−$4,459 M	$7,369 M
2015	$1,503 M	$4,997 M	−$3,495 M	$6,500 M
2016	$1,388 M	$4,963 M	−$3,574 M	$6,351 M
2017	$1,586 M	$6,171 M	−$4,584 M	$7,757 M
2018	$2,282 M	$6,328 M	−$4,046 M	$8,609 M
2019	$1,920 M	$6,582 M	−$4,662 M	$8,502 M
2020	$1,370 M	$5,121 M	−$3,750 M	$6,491 M
2021	$1,607 M	$6,168 M	−$4,561 M	$7,775 M
2022	$1,368 M	$7,954 M	−$6,586 M	$9,322 M
2023	$1,891 M	$8,020 M	−$6,130 M	$9,911 M
2024	$1,234 M	$6,336 M	−$5,102 M	$7,571 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #90 → #151.

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World export and import share in percent, and world ranks, of Jamaica per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.03%	0.05%	#90	#87
1996	0.04%	0.06%	#90	#81
1997	0.03%	0.06%	#96	#83
1998	0.03%	0.06%	#95	#89
1999	0.03%	0.05%	#101	#90
2000	0.03%	0.05%	#111	#92
2001	0.03%	0.06%	#112	#91
2002	0.02%	0.06%	#112	#88
2003	0.02%	0.05%	#116	#93
2004	0.02%	0.05%	#122	#97
2005	0.02%	0.05%	#123	#99
2006	0.02%	0.05%	#121	#101
2007	0.02%	0.05%	#119	#98
2008	0.02%	0.05%	#123	#103
2009	0.01%	0.04%	#136	#116
2010	0.01%	0.04%	#143	#119
2011	0.01%	0.04%	#144	#122
2012	0.01%	0.04%	#145	#127
2013	0.01%	0.04%	#148	#129
2014	0.01%	0.03%	#150	#133
2015	0.01%	0.03%	#145	#134
2016	0.01%	0.03%	#144	#135
2017	0.01%	0.04%	#145	#125
2018	0.01%	0.03%	#136	#128
2019	0.01%	0.04%	#140	#125
2020	0.01%	0.03%	#148	#134
2021	0.01%	0.03%	#152	#133
2022	0.01%	0.03%	#155	#130
2023	0.01%	0.04%	#146	#126
2024	0.01%	0.03%	#151	#136

30 rows

Trading partners

United States was Jamaica's top trading partner in 2024, at 37.9% of total trade; the top five partners covered 63.1%.

Year

Top partner share: 37.9%
Top-5 share: 63.1%
Partners: 122
Partner HHI (0–1): 0.174

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United States $354M

Iceland $149M

Netherlands $138M

Canada $93M

United Kingdom $68M

Trinidad & Tobago $49M

Guyana $38M

Japan $20M

Dominican Rep. $10M

India $10M

China $8M

Spain $1M

Türkiye $1M

Colombia $0M

Brazil $0M

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Top partners of Jamaica in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	United States	$354 M	$2,514 M	$2,867 M	−$2,160 M
#2	China	$8 M	$1,081 M	$1,089 M	−$1,073 M
#3	Japan	$20 M	$321 M	$341 M	−$300 M
#4	Trinidad & Tobago	$49 M	$208 M	$257 M	−$159 M
#5	Brazil	$0 M	$221 M	$222 M	−$221 M
#6	Netherlands	$138 M	$78 M	$216 M	$59 M
#7	Colombia	$0 M	$214 M	$214 M	−$214 M
#8	Canada	$93 M	$91 M	$184 M	$2 M
#9	United Kingdom	$68 M	$89 M	$157 M	−$21 M
#10	Iceland	$149 M	$0 M	$149 M	$149 M
#11	Guyana	$38 M	$92 M	$130 M	−$55 M
#12	Dominican Rep.	$10 M	$117 M	$127 M	−$106 M
#13	Türkiye	$1 M	$118 M	$119 M	−$117 M
#14	Spain	$1 M	$105 M	$106 M	−$103 M
#15	India	$10 M	$89 M	$99 M	−$79 M

15 rows

Products & sectors

Product composition of Jamaica's trade in 2024.

Year

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Concentration & risk

Jamaica's export partners diversified over 1995–2024 — HHI 0.277 → 0.126, a moderately concentrated export base across 118 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Jamaica per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.277	0.335	86	75
1996	0.220	0.291	122	128
1997	0.188	0.257	130	129
1998	0.201	0.280	129	129
1999	0.204	0.243	127	118
2000	0.184	0.209	138	120
2001	0.138	0.215	134	125
2002	0.124	0.177	138	126
2003	0.129	0.178	141	119
2004	0.109	0.180	149	118
2005	0.120	0.178	139	131
2006	0.156	0.169	144	123
2007	0.178	0.180	148	125
2008	0.133	0.185	156	119
2009	0.205	0.155	148	127
2010	0.203	0.159	150	127
2011	0.186	0.154	159	132
2012	0.155	0.163	154	131
2013	0.142	0.156	161	135
2014	0.105	0.174	154	124
2015	0.152	0.158	158	133
2016	0.169	0.157	166	137
2017	0.160	0.174	162	131
2018	0.118	0.205	157	133
2019	0.153	0.222	161	130
2020	0.210	0.161	159	136
2021	0.232	0.168	157	138
2022	0.156	0.179	163	135
2023	0.164	0.171	150	132
2024	0.126	0.196	118	100

30 rows

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