2022
Exports
$137kWorld Rnk 92 / 148
Flag Rnk 232 / 794
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$12.3MWorld Rnk 69 / 220
Flag Rnk 118 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $137k in Butter, making it the 92nd largest exporter of Butter in the world. At the same year, Butter was the 232nd most exported product in Jamaica. The main destination of Butter exports from Jamaica are: Bahamas ($131k), United Kingdom ($2.99k), Barbados ($2.4k), United States ($342), and Canada ($300).

The fastest growing export markets for Butter of Jamaica between 2021 and 2022 were Bahamas ($131k), Barbados ($1.64k), and United Kingdom ($1.46k).

Imports In 2022, Jamaica imported $12.3M in Butter, becoming the 69th largest importer of Butter in the world. At the same year, Butter was the 118th most imported product in Jamaica. Jamaica imports Butter primarily from: New Zealand ($9.39M), United States ($1.47M), Denmark ($1.17M), France ($153k), and Canada ($73.7k).

The fastest growing import markets in Butter for Jamaica between 2021 and 2022 were New Zealand ($4.14M), Denmark ($718k), and United States ($149k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Butter. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$137k
IMPORTS (2022)$12.3M
NET TRADE (2022)-$12.1M

In 2022, Jamaica exported $137k in Butter. The main destinations of Jamaica exports on Butter were Bahamas ($131k), United Kingdom ($2.99k), Barbados ($2.4k), United States ($342), and Canada ($300).

In 2022, Jamaica imported $12.3M in Butter, mainly from New Zealand ($9.39M), United States ($1.47M), Denmark ($1.17M), France ($153k), and Canada ($73.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Bahamas$131k (1%)
Barbados$1.64k (217%)
United Kingdom$1.46k (96.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Jamaica WERE (2021 - 2022):
United States-$8.35k (-96.1%)
Saint Lucia-$216 (-100%)
Cayman Islands-$119 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Butter were:
In 2022, Jamaica's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $3.86k
TOP IMPORT POTENTIALFrance+ $162k

Butter’s highest export potential is United Kingdom. With an export gap of $3.86k.   Butter’s highest import potential is France with an import gap of $162k.

See methodology.

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