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2022
Exports $3.56kWorld Rnk 145 / 203
Flag Rnk 557 / 794
2022
Destination $722 United States
2021 - 2022
FASTEST GROWING MARKET $722United Arab Emirates
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $895kWorld Rnk 126 / 220
Flag Rnk 494 / 1118
2022
Origin $75.3k China
2021 - 2022
FASTEST GROWING ORIGIN $75.3kMexico
2022
ECONOMIC COMPLEXITY of Jamaica-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $3.56k in Hand Tools, making it the 145th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 557th most exported product in Jamaica. The main destination of Hand Tools exports from Jamaica are: United States ($1.35k), Cayman Islands ($1k), United Arab Emirates ($722), Grenada ($352), and Trinidad and Tobago ($100).

The fastest growing export markets for Hand Tools of Jamaica between 2021 and 2022 were United Arab Emirates ($722), Grenada ($352), and Trinidad and Tobago ($100).

Imports In 2022, Jamaica imported $895k in Hand Tools, becoming the 126th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 494th most imported product in Jamaica. Jamaica imports Hand Tools primarily from: China ($287k), United States ($243k), Mexico ($133k), Hong Kong ($47.9k), and Thailand ($37.6k).

The fastest growing import markets in Hand Tools for Jamaica between 2021 and 2022 were Mexico ($75.3k), China ($65.5k), and Thailand ($18.9k).

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 Hand Tools. 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)$3.56k
IMPORTS (2022)$895k
NET TRADE (2022)-$891k

In 2022, Jamaica exported $3.56k in Hand Tools. The main destinations of Jamaica exports on Hand Tools were United States ($1.35k), Cayman Islands ($1k), United Arab Emirates ($722), Grenada ($352), and Trinidad and Tobago ($100).

In 2022, Jamaica imported $895k in Hand Tools, mainly from China ($287k), United States ($243k), Mexico ($133k), Hong Kong ($47.9k), and Thailand ($37.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
United Arab Emirates$722 (1%)
Grenada$352 (1%)
Trinidad and Tobago$100 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Jamaica WERE (2021 - 2022):
United States-$38.8k (-96.7%)
Cayman Islands-$1.33k (-57%)
Maldives-$117 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Jamaica's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.47k
TOP IMPORT POTENTIALChina+ $103k

Hand Tools’s highest export potential is United States. With an export gap of $8.47k.   Hand Tools’s highest import potential is China with an import gap of $103k.

See methodology.

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