2023
Exports
$240MWorld Rnk 62 / 163
Flag Rnk 3 / 778
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$520MWorld Rnk 62 / 220
Flag Rnk 2 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $240M in Petroleum Gas, making it the 62nd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most exported product in Jamaica. The main destination of Petroleum Gas exports from Jamaica are: United States ($237M), Mexico ($1.42M), Cuba ($897k), Bahamas ($643k), and Cyprus ($245).

The fastest growing export markets for Petroleum Gas of Jamaica between 2022 and 2023 were United States ($183M), Cuba ($897k), and Bahamas ($643k).

Imports In 2023, Jamaica imported $520M in Petroleum Gas, becoming the 62nd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most imported product in Jamaica. Jamaica imports Petroleum Gas primarily from: United States ($240M), Nigeria ($141M), Norway ($51.9M), Egypt ($42.8M), and Trinidad and Tobago ($33.9M).

The fastest growing import markets in Petroleum Gas for Jamaica between 2022 and 2023 were United States ($124M), Nigeria ($100M), and Norway ($51.9M).

Latest Trends

Jan 2025

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 Petroleum Gas. 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 (2023)$240M
IMPORTS (2023)$520M
NET TRADE (2023)-$279M

In 2023, Jamaica exported $240M in Petroleum Gas. The main destinations of Jamaica exports on Petroleum Gas were United States ($237M), Mexico ($1.42M), Cuba ($897k), Bahamas ($643k), and Cyprus ($245).

In 2023, Jamaica imported $520M in Petroleum Gas, mainly from United States ($240M), Nigeria ($141M), Norway ($51.9M), Egypt ($42.8M), and Trinidad and Tobago ($33.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
United States$183M (334%)
Cuba$897k (1%)
Bahamas$643k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Jamaica WERE (2022 - 2023):
Croatia-$8.73M (-100%)
Netherlands-$8.02M (-100%)
Finland-$5.98M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Petroleum Gas were:
In 2023, Jamaica's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.5M
TOP IMPORT POTENTIALUnited States+ $42.4M

Petroleum Gas’s highest export potential is United States. With an export gap of $40.5M.   Petroleum Gas’s highest import potential is United States with an import gap of $42.4M.

See methodology.

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