2022
Exports
$1.2MWorld Rnk 124 / 199
Flag Rnk 42 / 95
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations
0.14Rnk 508 / 1025
2022
Imports
$18.5MWorld Rnk 111 / 225
Flag Rnk 49 / 96
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $1.2M in Cocoa & cocoa preparations, making it the 124th largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 42nd most exported product in Jamaica. The main destination of Cocoa & cocoa preparations exports from Jamaica are: Trinidad and Tobago ($238k), France ($185k), Belize ($119k), Saint Vincent and the Grenadines ($83k), and Netherlands ($69.7k).

The fastest growing export markets for Cocoa & cocoa preparations of Jamaica between 2021 and 2022 were France ($185k), Jordan ($57.6k), and Trinidad and Tobago ($52.6k).

Imports In 2022, Jamaica imported $18.5M in Cocoa & cocoa preparations, becoming the 111th largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 49th most imported product in Jamaica. Jamaica imports Cocoa & cocoa preparations primarily from: Trinidad and Tobago ($11.3M), United States ($4.07M), Netherlands ($786k), United Kingdom ($464k), and Ghana ($275k).

The fastest growing import markets in Cocoa & cocoa preparations for Jamaica between 2021 and 2022 were Trinidad and Tobago ($1.81M), United States ($1.33M), and Netherlands ($478k).

COMPANIES In 2023, leading companies such as Barry Callebaut (1) were at the forefront of shipping Cocoa & cocoa preparations from Jamaica to the United States.

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 Cocoa & cocoa preparations. 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)$1.2M
IMPORTS (2022)$18.5M
NET TRADE (2022)-$17.3M

In 2022, Jamaica exported $1.2M in Cocoa & cocoa preparations. The main destinations of Jamaica exports on Cocoa & cocoa preparations were Trinidad and Tobago ($238k), France ($185k), Belize ($119k), Saint Vincent and the Grenadines ($83k), and Netherlands ($69.7k).

In 2022, Jamaica imported $18.5M in Cocoa & cocoa preparations, mainly from Trinidad and Tobago ($11.3M), United States ($4.07M), Netherlands ($786k), United Kingdom ($464k), and Ghana ($275k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
France$185k (362k%)
Jordan$57.6k (1%)
Trinidad and Tobago$52.6k (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations BY Jamaica WERE (2021 - 2022):
Cayman Islands-$442k (-95.9%)
Switzerland-$297k (-100%)
Dominican Republic-$108k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Cocoa & cocoa preparations were:
In 2022, Jamaica's main importing competitors in Cocoa & cocoa preparations were:

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $113k
TOP IMPORT POTENTIALUnited States+ $486k

Cocoa & cocoa preparations’s highest export potential is United States. With an export gap of $113k.   Cocoa & cocoa preparations’s highest import potential is United States with an import gap of $486k.

See methodology.

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