Essential Oils in Jamaica

EXPORTS (2018): $2.11M, World Rnk 74 / 169
Flag Rnk 36 / 447

TOP DESTINATION (2018): $1.23M, United States

FASTEST GROWING MARKET (2017 - 2018): $29.8k, South Korea

IMPORTS (2018): $1.15M, World Rnk 92 / 207
Flag Rnk 360 / 1014

TOP ORIGIN (2018): $449k, United States

FASTEST GROWING ORIGIN (2017 - 2018): $252k, Belize

ECONOMIC COMPLEXITY of Jamaica (2018): -0.25, Rnk 79 / 137

Overview: This page contains the latest trade data of Essential Oils in Jamaica.

Exports: In 2018, Jamaica exported $2.11M in Essential Oils, making it the 74th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 36th most exported product in Jamaica. The main destination of Essential Oils exports from Jamaica are: United States ($1.23M), Canada ($195k), United Kingdom ($175k), France ($115k), and India ($75.6k).

The fastest growing export markets for Essential Oils of Jamaica between 2017 and 2018 were South Korea ($29.8k), Brazil ($28.7k), and Egypt ($15.5k).

Imports: In 2018, Jamaica imported $1.15M in Essential Oils, becoming the 92nd largest importer of Essential Oils in the world. At the same year, Essential Oils was the 360th most imported product in Jamaica. Jamaica imports Essential Oils primarily from: United States ($449k), Belize ($312k), United Kingdom ($151k), India ($143k), and Canada ($42.4k).

The fastest growing import markets in Essential Oils for Jamaica between 2017 and 2018 were Belize ($252k), United Kingdom ($83.2k), and India ($73.3k).

Tariffs: In 2016, the average tariff for Jamaica in Essential Oils was 8.53%. The countries with the highest import tariffs for Essential Oils were Angola (8.53%), Burundi (8.53%), Benin (8.53%), Burkina Faso (8.53%), and Botswana (8.53%).

Value

EXPORTS (2018): $2.11M

IMPORTS (2018): $1.15M

NET TRADE (2018): $968k

In 2018, Jamaica exported $2.11M in Essential Oils. The main destinations of Jamaica exports on Essential Oils were United States ($1.23M), Canada ($195k), United Kingdom ($175k), France ($115k), and India ($75.6k).

In 2018, Jamaica imported $1.15M in Essential Oils, mainly from United States ($449k), Belize ($312k), United Kingdom ($151k), India ($143k), and Canada ($42.4k).

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IN 2018, Jamaica HAD A POSITIVE NET TRADE IN Essential Oils WITH:

  • United States, $781k ($1.23M - $449k)
  • Canada, $152k ($195k - $42.4k)
  • France, $109k ($115k - $6.41k)

IN 2018, Jamaica HAD A NEGATIVE NET TRADE IN Essential Oils WITH:

  • Belize, -$312k ($0 - $312k)
  • India, -$67k ($75.6k - $143k)
  • Spain, -$21.8k ($8.35k - $30.1k)
Flow

THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Jamaica WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Jamaica WERE (2017 - 2018):

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Market Concentration

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Flow
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In 2018, Jamaica's main exporting competitors in Essential Oils were:

In 2018, Jamaica's main importing competitors in Essential Oils were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Essential Oils in Jamaica. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2016, the average tariff for Jamaica in Essential Oils was 8.53%.

The countries with the highest tariffs for Essential Oils in Jamaica were Angola (8.53%), Burundi (8.53%), Benin (8.53%), Burkina Faso (8.53%), and Botswana (8.53%).

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