2017
Exports
$2.51kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2017
Imports
$11.5MWorld Rnk 123 / 208
Flag Rnk 124 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Imports In 2022, Jamaica imported $11.5M in Palm Oil, becoming the 123rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 124th most imported product in Jamaica. Jamaica imports Palm Oil primarily from: Indonesia ($8.93M), United States ($1.59M), and Malaysia ($1.01M).

The fastest growing import markets in Palm Oil for Jamaica between 2021 and 2022 were Indonesia ($4.37M).

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 Palm Oil. 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 (2017)$2.51k
IMPORTS (2022)$11.5M
NET TRADE (2022)-$11.5M

In 2022, Jamaica imported $11.5M in Palm Oil, mainly from Indonesia ($8.93M), United States ($1.59M), and Malaysia ($1.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Palm Oil were:
In 2022, Jamaica's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $687
TOP IMPORT POTENTIALIndonesia+ $871k

Palm Oil’s highest export potential is China. With an export gap of $687.   Palm Oil’s highest import potential is Indonesia with an import gap of $871k.

See methodology.

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