2022
Exports
$793kWorld Rnk 117 / 224
Flag Rnk 96 / 794
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$16.5MWorld Rnk 140 / 225
Flag Rnk 90 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $793k in Medical Instruments, making it the 117th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 96th most exported product in Jamaica. The main destination of Medical Instruments exports from Jamaica are: Costa Rica ($216k), United States ($214k), Mexico ($136k), Bermuda ($87.3k), and Cayman Islands ($80.6k).

The fastest growing export markets for Medical Instruments of Jamaica between 2021 and 2022 were Costa Rica ($216k), Mexico ($136k), and Bermuda ($71.6k).

Imports In 2022, Jamaica imported $16.5M in Medical Instruments, becoming the 140th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 90th most imported product in Jamaica. Jamaica imports Medical Instruments primarily from: United States ($9.47M), China ($1.69M), Germany ($999k), Hong Kong ($746k), and India ($684k).

The fastest growing import markets in Medical Instruments for Jamaica between 2021 and 2022 were United States ($2.7M), Germany ($844k), and China ($524k).

Latest Trends

Nov 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 Medical Instruments. 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)$793k
IMPORTS (2022)$16.5M
NET TRADE (2022)-$15.7M

In 2022, Jamaica exported $793k in Medical Instruments. The main destinations of Jamaica exports on Medical Instruments were Costa Rica ($216k), United States ($214k), Mexico ($136k), Bermuda ($87.3k), and Cayman Islands ($80.6k).

In 2022, Jamaica imported $16.5M in Medical Instruments, mainly from United States ($9.47M), China ($1.69M), Germany ($999k), Hong Kong ($746k), and India ($684k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Costa Rica$216k (1%)
Mexico$136k (341k%)
Bermuda$71.6k (458%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Jamaica WERE (2021 - 2022):
Saint Martin-$50.9k (-100%)
Barbados-$31.5k (-93.1%)
Trinidad and Tobago-$29.1k (-72.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $287k
TOP IMPORT POTENTIALUnited States+ $2.93M

Medical Instruments’s highest export potential is United States. With an export gap of $287k.   Medical Instruments’s highest import potential is United States with an import gap of $2.93M.

See methodology.

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