2023
Exports
$6.17MWorld Rnk 91 / 210
Flag Rnk 28 / 778
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$414MWorld Rnk 101 / 225
Flag Rnk 3 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $6.17M in Cars, making it the 91st largest exporter of Cars in the world. At the same year, Cars was the 28th most exported product in Jamaica. The main destination of Cars exports from Jamaica are: Pakistan ($4.11M), Trinidad and Tobago ($819k), Guyana ($237k), United States ($113k), and Cayman Islands ($112k).

The fastest growing export markets for Cars of Jamaica between 2022 and 2023 were Pakistan ($4.09M), Trinidad and Tobago ($819k), and Guyana ($131k).

Imports In 2023, Jamaica imported $414M in Cars, becoming the 101st largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Jamaica. Jamaica imports Cars primarily from: Japan ($222M), Thailand ($37.2M), Germany ($28.2M), South Korea ($25.2M), and Indonesia ($25M).

The fastest growing import markets in Cars for Jamaica between 2022 and 2023 were Japan ($48.7M), Indonesia ($15.5M), and Thailand ($11.1M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Cars. 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 (2023)$6.17M
IMPORTS (2023)$414M
NET TRADE (2023)-$408M

In 2023, Jamaica exported $6.17M in Cars. The main destinations of Jamaica exports on Cars were Pakistan ($4.11M), Trinidad and Tobago ($819k), Guyana ($237k), United States ($113k), and Cayman Islands ($112k).

In 2023, Jamaica imported $414M in Cars, mainly from Japan ($222M), Thailand ($37.2M), Germany ($28.2M), South Korea ($25.2M), and Indonesia ($25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
Pakistan$4.09M (30.6k%)
Guyana$131k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Jamaica WERE (2022 - 2023):
Suriname-$771k (-100%)
Barbados-$183k (-100%)
United States-$171k (-60.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Jamaica's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $933k
TOP IMPORT POTENTIALUnited States+ $18.4M

Cars’s highest export potential is United States. With an export gap of $933k.   Cars’s highest import potential is United States with an import gap of $18.4M.

See methodology.

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