2022
Exports
$234kWorld Rnk 144 / 223
Flag Rnk 189 / 794
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$27.1MWorld Rnk 125 / 225
Flag Rnk 57 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $234k in Electrical Transformers, making it the 144th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 189th most exported product in Jamaica. The main destination of Electrical Transformers exports from Jamaica are: United States ($75.6k), Denmark ($53.5k), Poland ($19.4k), Barbados ($14.6k), and Colombia ($14.3k).

The fastest growing export markets for Electrical Transformers of Jamaica between 2021 and 2022 were Denmark ($53.5k), United States ($26.1k), and Poland ($19.4k).

Imports In 2022, Jamaica imported $27.1M in Electrical Transformers, becoming the 125th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 57th most imported product in Jamaica. Jamaica imports Electrical Transformers primarily from: United States ($10.1M), Colombia ($5.33M), China ($5.28M), Mexico ($2.41M), and Spain ($878k).

The fastest growing import markets in Electrical Transformers for Jamaica between 2021 and 2022 were Colombia ($3.61M), Mexico ($2.12M), and China ($927k).

Latest Trends

Oct 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 Transformers. 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)$234k
IMPORTS (2022)$27.1M
NET TRADE (2022)-$26.9M

In 2022, Jamaica exported $234k in Electrical Transformers. The main destinations of Jamaica exports on Electrical Transformers were United States ($75.6k), Denmark ($53.5k), Poland ($19.4k), Barbados ($14.6k), and Colombia ($14.3k).

In 2022, Jamaica imported $27.1M in Electrical Transformers, mainly from United States ($10.1M), Colombia ($5.33M), China ($5.28M), Mexico ($2.41M), and Spain ($878k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Denmark$53.5k (1%)
United States$26.1k (52.7%)
Poland$19.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Jamaica WERE (2021 - 2022):
Austria-$255k (-100%)
Germany-$63.4k (-93.6%)
Dominican Republic-$17.1k (-88%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Electrical Transformers were:
In 2022, Jamaica's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $226k
TOP IMPORT POTENTIALChina+ $4.46M

Electrical Transformers’s highest export potential is United States. With an export gap of $226k.   Electrical Transformers’s highest import potential is China with an import gap of $4.46M.

See methodology.

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