Crude Petroleum in Jamaica

EXPORTS (1999): $2.73k, World Rnk 113 / 113
Flag Rnk 563 / 615

TOP DESTINATION (1999): $2.73k, Trinidad and Tobago

FASTEST GROWING IN MARKET (1998 - 1999): $2.73k, Trinidad and Tobago

IMPORTS (2018): $105M, World Rnk 76 / 148
Flag Rnk 4 / 1014

TOP ORIGIN (2018): $63.4M, Colombia

FASTEST GROWING ORIGIN (2017 - 2018): $20.6M, Ecuador

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

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Exports: In 1999, Jamaica exported $2.73k in Crude Petroleum, making it the 113th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 563rd most exported product in Jamaica. The main destination of Crude Petroleum exports from Jamaica are: Trinidad and Tobago ($2.73k).

The fastest growing export markets for Crude Petroleum of Jamaica between 1998 and 1999 were Trinidad and Tobago ($2.73k).

Imports: In 2018, Jamaica imported $105M in Crude Petroleum, becoming the 76th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most imported product in Jamaica. Jamaica imports Crude Petroleum primarily from: Colombia ($63.4M), Mexico ($21.3M), and Ecuador ($20.6M).

The fastest growing import markets in Crude Petroleum for Jamaica between 2017 and 2018 were Ecuador ($20.6M) and Colombia ($12.2M).

Value

EXPORTS (1999): $2.73k

IMPORTS (2018): $105M

NET TRADE (2018): -$105M

In 1999, Jamaica exported $2.73k in Crude Petroleum. The main destinations of Jamaica exports on Crude Petroleum were Trinidad and Tobago ($2.73k).

In 2018, Jamaica imported $105M in Crude Petroleum, mainly from Colombia ($63.4M), Mexico ($21.3M), and Ecuador ($20.6M).

IN 1999, Jamaica HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:: Trinidad and Tobago, $2.73k ($2.73k - $0)

IN 2018, Jamaica HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Colombia, -$63.4M ($0 - $63.4M)
  • Mexico, -$21.3M ($0 - $21.3M)
  • Ecuador, -$20.6M ($0 - $20.6M)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Jamaica WERE (1998 - 1999):: Trinidad and Tobago, $2.73k (100%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Jamaica WERE (1998 - 1999):: Spain, -$4.25M (-100%)

Market Concentration

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Flow
Type

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

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

Trade Forecasts

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

Explore Forecasts

Tariffs by Country

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In 2016, the tariffs for Crude Petroleum in the imports of Jamaica were of 0% around the world.

Explore Tariff Data