2022
Exports
$686kWorld Rnk 134 / 226
Flag Rnk 107 / 794
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$47.7MWorld Rnk 126 / 225
Flag Rnk 27 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $686k in Motor vehicles; parts and accessories (8701 to 8705), making it the 134th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 107th most exported product in Jamaica. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Jamaica are: United States ($203k), Chile ($130k), Barbados ($83k), Grenada ($71.9k), and Cayman Islands ($49.6k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Jamaica between 2021 and 2022 were United States ($143k), Chile ($130k), and Barbados ($26.9k).

Imports In 2022, Jamaica imported $47.7M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 126th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 27th most imported product in Jamaica. Jamaica imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($17.2M), United States ($8.85M), Japan ($7.76M), Oman ($2.33M), and Germany ($1.86M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Jamaica between 2021 and 2022 were China ($7.08M), United States ($1.68M), and Japan ($926k).

COMPANIES In 2023, leading companies such as Heineken (2) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Jamaica to the United States.

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$686k
IMPORTS (2022)$47.7M
NET TRADE (2022)-$47M

In 2022, Jamaica exported $686k in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Jamaica exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($203k), Chile ($130k), Barbados ($83k), Grenada ($71.9k), and Cayman Islands ($49.6k).

In 2022, Jamaica imported $47.7M in Motor vehicles; parts and accessories (8701 to 8705), mainly from China ($17.2M), United States ($8.85M), Japan ($7.76M), Oman ($2.33M), and Germany ($1.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
United States$143k (238%)
Chile$130k (38.5k%)
Barbados$26.9k (47.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Jamaica WERE (2021 - 2022):
Cayman Islands-$48.2k (-49.3%)
Nigeria-$9.75k (-85.2%)
Poland-$9.16k (-93.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Jamaica's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $276k
TOP IMPORT POTENTIALChina+ $7.18M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is United States. With an export gap of $276k.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $7.18M.

See methodology.

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