2022
Exports
$1.86MWorld Rnk 116 / 210
Flag Rnk 54 / 794
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$313MWorld Rnk 101 / 224
Flag Rnk 4 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $1.86M in Cars, making it the 116th largest exporter of Cars in the world. At the same year, Cars was the 54th most exported product in Jamaica. The main destination of Cars exports from Jamaica are: Suriname ($770k), United States ($284k), Barbados ($152k), Guyana ($105k), and Cayman Islands ($94.3k).

The fastest growing export markets for Cars of Jamaica between 2021 and 2022 were United States ($144k), Barbados ($97.6k), and Suriname ($47k).

Imports In 2022, Jamaica imported $313M in Cars, becoming the 101st largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in Jamaica. Jamaica imports Cars primarily from: Japan ($175M), Thailand ($28.9M), United States ($20.5M), South Korea ($19.6M), and Germany ($15.4M).

The fastest growing import markets in Cars for Jamaica between 2021 and 2022 were Japan ($34.7M), South Korea ($8.24M), and Indonesia ($7.78M).

Latest Trends

Sep 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 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 (2022)$1.86M
IMPORTS (2022)$313M
NET TRADE (2022)-$311M

In 2022, Jamaica exported $1.86M in Cars. The main destinations of Jamaica exports on Cars were Suriname ($770k), United States ($284k), Barbados ($152k), Guyana ($105k), and Cayman Islands ($94.3k).

In 2022, Jamaica imported $313M in Cars, mainly from Japan ($175M), Thailand ($28.9M), United States ($20.5M), South Korea ($19.6M), and Germany ($15.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
United States$144k (104%)
Barbados$97.6k (179%)
Suriname$47k (6.51%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Jamaica WERE (2021 - 2022):
Cayman Islands-$1.81M (-95%)
Oman-$78k (-100%)
Guatemala-$37.5k (-92.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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