Cars in Jamaica

EXPORTS (2018): $977k, World Rnk 116 / 209
Flag Rnk 55 / 447

TOP DESTINATION (2018): $676k, Suriname

FASTEST GROWING MARKET (2017 - 2018): $672k, Suriname

IMPORTS (2018): $325M, World Rnk 95 / 220
Flag Rnk 2 / 1014

TOP ORIGIN (2018): $177M, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $9.71M, Singapore

ECONOMIC COMPLEXITY of Jamaica (2018): -0.25, Rnk 79 / 137

Overview: This page contains the latest trade data of Cars in Jamaica.

Exports: In 2018, Jamaica exported $977k in Cars, making it the 116th largest exporter of Cars in the world. At the same year, Cars was the 55th most exported product in Jamaica. The main destination of Cars exports from Jamaica are: Suriname ($676k), Pakistan ($89.7k), Mozambique ($49.6k), United Kingdom ($28.8k), and Zambia ($27.3k).

The fastest growing export markets for Cars of Jamaica between 2017 and 2018 were Suriname ($672k), Burkina Faso ($23.9k), and Lebanon ($20.4k).

Imports: In 2018, Jamaica imported $325M in Cars, becoming the 95th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Jamaica. Jamaica imports Cars primarily from: Japan ($177M), Thailand ($43M), United States ($29.3M), Germany ($13.6M), and South Korea ($12.2M).

The fastest growing import markets in Cars for Jamaica between 2017 and 2018 were Singapore ($9.71M), Mexico ($4.62M), and South Korea ($4.54M).

Tariffs: In 2016, the average tariff for Jamaica in Cars was 21%. The countries with the highest import tariffs for Cars were Angola (21%), Burundi (21%), Benin (21%), Burkina Faso (21%), and Botswana (21%).

Value

EXPORTS (2018): $977k

IMPORTS (2018): $325M

NET TRADE (2018): -$324M

In 2018, Jamaica exported $977k in Cars. The main destinations of Jamaica exports on Cars were Suriname ($676k), Pakistan ($89.7k), Mozambique ($49.6k), United Kingdom ($28.8k), and Zambia ($27.3k).

In 2018, Jamaica imported $325M in Cars, mainly from Japan ($177M), Thailand ($43M), United States ($29.3M), Germany ($13.6M), and South Korea ($12.2M).

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IN 2018, Jamaica HAD A POSITIVE NET TRADE IN Cars WITH:

  • Suriname, $671k ($676k - $4.5k)
  • Pakistan, $89.7k ($89.7k - $0)
  • Mozambique, $49.6k ($49.6k - $0)

IN 2018, Jamaica HAD A NEGATIVE NET TRADE IN Cars WITH:

  • Japan, -$177M ($0 - $177M)
  • Thailand, -$43M ($0 - $43M)
  • United States, -$29.3M ($0 - $29.3M)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Jamaica WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Jamaica WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Jamaica's main exporting competitors in Cars were:

In 2018, Jamaica's main importing competitors in Cars were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Cars in Jamaica. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2016, the average tariff for Jamaica in Cars was 21%.

The countries with the highest tariffs for Cars in Jamaica were Angola (21%), Burundi (21%), Benin (21%), Burkina Faso (21%), and Botswana (21%).

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