2022
Exports | Imports
$667 | $440MWorld Rnk 128 / 149
Flag Rnk 667 / 794
World Rnk 62 / 158
Flag Rnk 2 / 1118
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.44Rnk 1015 / 1025

About

Exports In 2022, Jamaica exported $667 in Crude Petroleum, making it the 128th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 667th most exported product in Jamaica. The main destination of Crude Petroleum exports from Jamaica are: Grenada ($497), Sweden ($85), and Trinidad and Tobago ($85).

The fastest growing export markets for Crude Petroleum of Jamaica between 2021 and 2022 were Grenada ($497) and Sweden ($85).

Imports In 2022, Jamaica imported $440M in Crude Petroleum, becoming the 62nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Jamaica. Jamaica imports Crude Petroleum primarily from: Brazil ($273M), Colombia ($77.9M), Ecuador ($75.3M), Barbados ($13.3M), and Spain ($3.89k).

The fastest growing import markets in Crude Petroleum for Jamaica between 2021 and 2022 were Brazil ($212M), Ecuador ($55.4M), and Barbados ($7.18M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Jamaica to the United States.

Latest Trends

Feb 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 Crude Petroleum. 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)$667
IMPORTS (2022)$440M
NET TRADE (2022)-$440M

In 2022, Jamaica exported $667 in Crude Petroleum. The main destinations of Jamaica exports on Crude Petroleum were Grenada ($497), Sweden ($85), and Trinidad and Tobago ($85).

In 2022, Jamaica imported $440M in Crude Petroleum, mainly from Brazil ($273M), Colombia ($77.9M), Ecuador ($75.3M), Barbados ($13.3M), and Spain ($3.89k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Grenada$497 (1%)
Sweden$85 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Jamaica WERE (2021 - 2022):
Barbados-$1.76M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Crude Petroleum by Exporters

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