2022
Exports
$21.2kWorld Rnk 131 / 209
Flag Rnk 400 / 794
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$8.21MWorld Rnk 98 / 222
Flag Rnk 168 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $21.2k in Electrical Lighting and Signalling Equipment, making it the 131st largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 400th most exported product in Jamaica. The main destination of Electrical Lighting and Signalling Equipment exports from Jamaica are: United States ($9.09k), Cayman Islands ($3.78k), Grenada ($2.81k), Chile ($2.65k), and Bahamas ($2.21k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Jamaica between 2021 and 2022 were United States ($8.63k), Grenada ($2.01k), and Bahamas ($1.43k).

Imports In 2022, Jamaica imported $8.21M in Electrical Lighting and Signalling Equipment, becoming the 98th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 168th most imported product in Jamaica. Jamaica imports Electrical Lighting and Signalling Equipment primarily from: China ($5.82M), United States ($522k), Chinese Taipei ($420k), Oman ($337k), and Germany ($258k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Jamaica between 2021 and 2022 were China ($4.4M), Oman ($149k), and United States ($120k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Electrical Lighting and Signalling Equipment 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 Electrical Lighting and Signalling Equipment. 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)$21.2k
IMPORTS (2022)$8.21M
NET TRADE (2022)-$8.19M

In 2022, Jamaica exported $21.2k in Electrical Lighting and Signalling Equipment. The main destinations of Jamaica exports on Electrical Lighting and Signalling Equipment were United States ($9.09k), Cayman Islands ($3.78k), Grenada ($2.81k), Chile ($2.65k), and Bahamas ($2.21k).

In 2022, Jamaica imported $8.21M in Electrical Lighting and Signalling Equipment, mainly from China ($5.82M), United States ($522k), Chinese Taipei ($420k), Oman ($337k), and Germany ($258k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
United States$8.63k (1.91k%)
Grenada$2.01k (251%)
Bahamas$1.43k (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Jamaica WERE (2021 - 2022):
Chile-$8.99k (-77.2%)
Cayman Islands-$876 (-18.8%)
Barbados-$738 (-64.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Jamaica's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.3k
TOP IMPORT POTENTIALUnited States+ $406k

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $27.3k.   Electrical Lighting and Signalling Equipment’s highest import potential is United States with an import gap of $406k.

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