2022
Exports
$62.1kWorld Rnk 138 / 214
Flag Rnk 297 / 794
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$4.86MWorld Rnk 115 / 223
Flag Rnk 226 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $62.1k in Thermostats, making it the 138th largest exporter of Thermostats in the world. At the same year, Thermostats was the 297th most exported product in Jamaica. The main destination of Thermostats exports from Jamaica are: United States ($55.5k), France ($2.51k), Bahamas ($1.17k), Grenada ($1.12k), and Dominican Republic ($716).

The fastest growing export markets for Thermostats of Jamaica between 2021 and 2022 were France ($2.51k), Bahamas ($885), and Dominican Republic ($716).

Imports In 2022, Jamaica imported $4.86M in Thermostats, becoming the 115th largest importer of Thermostats in the world. At the same year, Thermostats was the 226th most imported product in Jamaica. Jamaica imports Thermostats primarily from: United States ($3.16M), Germany ($440k), Mexico ($410k), China ($289k), and Sweden ($92.8k).

The fastest growing import markets in Thermostats for Jamaica between 2021 and 2022 were United States ($1.62M), Germany ($286k), and Mexico ($165k).

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 Thermostats. 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)$62.1k
IMPORTS (2022)$4.86M
NET TRADE (2022)-$4.79M

In 2022, Jamaica exported $62.1k in Thermostats. The main destinations of Jamaica exports on Thermostats were United States ($55.5k), France ($2.51k), Bahamas ($1.17k), Grenada ($1.12k), and Dominican Republic ($716).

In 2022, Jamaica imported $4.86M in Thermostats, mainly from United States ($3.16M), Germany ($440k), Mexico ($410k), China ($289k), and Sweden ($92.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
France$2.51k (1%)
Bahamas$885 (309%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Jamaica WERE (2021 - 2022):
United States-$58k (-51.1%)
United Kingdom-$11.8k (-100%)
Netherlands-$8.12k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Jamaica's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $301k
TOP IMPORT POTENTIALUnited States+ $473k

Thermostats’s highest export potential is United States. With an export gap of $301k.   Thermostats’s highest import potential is United States with an import gap of $473k.

See methodology.

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