2023
Exports
$37.3kWorld Rnk 140 / 218
Flag Rnk 338 / 778
2023
PRODUCT COMPLEXITY IN Ball Bearings
1.17Rnk 116 / 1025
2023
Imports
$5.22MWorld Rnk 121 / 221
Flag Rnk 220 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $37.3k in Ball Bearings, making it the 140th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 338th most exported product in Jamaica. The main destination of Ball Bearings exports from Jamaica are: Cayman Islands ($10.5k), United States ($10.4k), Trinidad and Tobago ($7.04k), Netherlands ($3.26k), and Philippines ($1.71k).

The fastest growing export markets for Ball Bearings of Jamaica between 2022 and 2023 were Trinidad and Tobago ($7.04k), Philippines ($1.71k), and Cayman Islands ($538).

Imports In 2023, Jamaica imported $5.22M in Ball Bearings, becoming the 121st largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 220th most imported product in Jamaica. Jamaica imports Ball Bearings primarily from: United States ($3.29M), China ($795k), United Kingdom ($176k), Panama ($142k), and Austria ($124k).

The fastest growing import markets in Ball Bearings for Jamaica between 2022 and 2023 were China ($438k), United States ($114k), and Austria ($102k).

Latest Trends

Dec 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 Ball Bearings. 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)$37.3k
IMPORTS (2023)$5.22M
NET TRADE (2023)-$5.19M

In 2023, Jamaica exported $37.3k in Ball Bearings. The main destinations of Jamaica exports on Ball Bearings were Cayman Islands ($10.5k), United States ($10.4k), Trinidad and Tobago ($7.04k), Netherlands ($3.26k), and Philippines ($1.71k).

In 2023, Jamaica imported $5.22M in Ball Bearings, mainly from United States ($3.29M), China ($795k), United Kingdom ($176k), Panama ($142k), and Austria ($124k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
Philippines$1.71k (1%)
Cayman Islands$538 (5.42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Jamaica WERE (2022 - 2023):
Guyana-$22.5k (-94.1%)
Canada-$10.4k (-87.2%)
United States-$5.56k (-34.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Ball Bearings were:
China $6.46B
Germany $5.01B
Japan $4.28B
In 2023, Jamaica's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $42.6k
TOP IMPORT POTENTIALChina+ $669k

Ball Bearings’s highest export potential is United States. With an export gap of $42.6k.   Ball Bearings’s highest import potential is China with an import gap of $669k.

See methodology.

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