Hard Liquor in Jamaica

EXPORTS (2018): $83M, World Rnk 38 / 177
Flag Rnk 3 / 447

TOP DESTINATION (2018): $23M, Germany

FASTEST GROWING MARKET (2017 - 2018): $2.6M, Netherlands

IMPORTS (2018): $10.7M, World Rnk 121 / 219
Flag Rnk 80 / 1014

TOP ORIGIN (2018): $6.69M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $1.96M, United States

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

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

Exports: In 2018, Jamaica exported $83M in Hard Liquor, making it the 38th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 3rd most exported product in Jamaica. The main destination of Hard Liquor exports from Jamaica are: Germany ($23M), United States ($17.8M), New Zealand ($5.58M), United Kingdom ($5.37M), and Netherlands ($5.15M).

The fastest growing export markets for Hard Liquor of Jamaica between 2017 and 2018 were Netherlands ($2.6M), France ($1.49M), and United States ($1.03M).

Imports: In 2018, Jamaica imported $10.7M in Hard Liquor, becoming the 121st largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 80th most imported product in Jamaica. Jamaica imports Hard Liquor primarily from: United States ($6.69M), Barbados ($1.93M), Brazil ($384k), Sweden ($319k), and Mexico ($304k).

The fastest growing import markets in Hard Liquor for Jamaica between 2017 and 2018 were United States ($1.96M), India ($55.5k), and Germany ($49.2k).

Tariffs: In 2016, the average tariff for Jamaica in Hard Liquor was 40%. The countries with the highest import tariffs for Hard Liquor were Angola (40%), Burundi (40%), Benin (40%), Burkina Faso (40%), and Botswana (40%).

Value

EXPORTS (2018): $83M

IMPORTS (2018): $10.7M

NET TRADE (2018): $72.3M

In 2018, Jamaica exported $83M in Hard Liquor. The main destinations of Jamaica exports on Hard Liquor were Germany ($23M), United States ($17.8M), New Zealand ($5.58M), United Kingdom ($5.37M), and Netherlands ($5.15M).

In 2018, Jamaica imported $10.7M in Hard Liquor, mainly from United States ($6.69M), Barbados ($1.93M), Brazil ($384k), Sweden ($319k), and Mexico ($304k).

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IN 2018, Jamaica HAD A POSITIVE NET TRADE IN Hard Liquor WITH:

  • Germany, $23M ($23M - $66.3k)
  • United States, $11.2M ($17.8M - $6.69M)
  • New Zealand, $5.58M ($5.58M - $0)

IN 2018, Jamaica HAD A NEGATIVE NET TRADE IN Hard Liquor WITH:

  • Barbados, -$1.44M ($489k - $1.93M)
  • Sweden, -$156k ($164k - $319k)
  • Canada, -$125k ($0 - $125k)
Flow

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

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

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Market Concentration

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Flow
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In 2018, Jamaica's main exporting competitors in Hard Liquor were:

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

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Hard Liquor 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 Hard Liquor was 40%.

The countries with the highest tariffs for Hard Liquor in Jamaica were Angola (40%), Burundi (40%), Benin (40%), Burkina Faso (40%), and Botswana (40%).

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