2022
Exports
$3.58kWorld Rnk 158 / 213
Flag Rnk 555 / 794
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$1.06MWorld Rnk 137 / 220
Flag Rnk 460 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $3.58k in Gaskets, making it the 158th largest exporter of Gaskets in the world. At the same year, Gaskets was the 555th most exported product in Jamaica. The main destination of Gaskets exports from Jamaica are: Saint Kitts and Nevis ($1.53k), Trinidad and Tobago ($962), Bahamas ($462), Cayman Islands ($412), and Grenada ($106).

The fastest growing export markets for Gaskets of Jamaica between 2021 and 2022 were Saint Kitts and Nevis ($1.53k), Trinidad and Tobago ($962), and Bahamas ($462).

Imports In 2022, Jamaica imported $1.06M in Gaskets, becoming the 137th largest importer of Gaskets in the world. At the same year, Gaskets was the 460th most imported product in Jamaica. Jamaica imports Gaskets primarily from: United States ($416k), Japan ($111k), United Arab Emirates ($84.2k), China ($78.4k), and Netherlands ($64.5k).

The fastest growing import markets in Gaskets for Jamaica between 2021 and 2022 were Denmark ($25.9k), United Arab Emirates ($18.9k), and China ($18k).

Latest Trends

Aug 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 Gaskets. 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)$3.58k
IMPORTS (2022)$1.06M
NET TRADE (2022)-$1.06M

In 2022, Jamaica exported $3.58k in Gaskets. The main destinations of Jamaica exports on Gaskets were Saint Kitts and Nevis ($1.53k), Trinidad and Tobago ($962), Bahamas ($462), Cayman Islands ($412), and Grenada ($106).

In 2022, Jamaica imported $1.06M in Gaskets, mainly from United States ($416k), Japan ($111k), United Arab Emirates ($84.2k), China ($78.4k), and Netherlands ($64.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Jamaica WERE (2021 - 2022):
Grenada-$3.26k (-96.9%)
Dominican Republic-$232 (-83.8%)
United States-$119 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.58k
TOP IMPORT POTENTIALChina+ $116k

Gaskets’s highest export potential is United States. With an export gap of $6.58k.   Gaskets’s highest import potential is China with an import gap of $116k.

See methodology.

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