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Pricing

2022
Exports $4.78kWorld Rnk 127 / 182
Flag Rnk 528 / 794
2022
Destination $4.57k United States
2021 - 2022
FASTEST GROWING MARKET $4.57kUnited States
2022
PRODUCT COMPLEXITY IN Electromagnets1.02Rnk 163 / 1025
2022
Imports $312kWorld Rnk 135 / 216
Flag Rnk 659 / 1118
2022
Origin $26.8k United States
2021 - 2022
FASTEST GROWING ORIGIN $26.8kHong Kong
2022
ECONOMIC COMPLEXITY of Jamaica-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $4.78k in Electromagnets, making it the 127th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 528th most exported product in Jamaica. The main destination of Electromagnets exports from Jamaica are: United States ($4.72k) and Antigua and Barbuda ($60).

The fastest growing export markets for Electromagnets of Jamaica between 2021 and 2022 were United States ($4.57k) and Antigua and Barbuda ($60).

Imports In 2022, Jamaica imported $312k in Electromagnets, becoming the 135th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 659th most imported product in Jamaica. Jamaica imports Electromagnets primarily from: United States ($145k), China ($58.1k), Germany ($33.7k), Hong Kong ($27.5k), and Netherlands ($14.1k).

The fastest growing import markets in Electromagnets for Jamaica between 2021 and 2022 were Hong Kong ($26.8k), China ($24.9k), and United States ($17k).

Latest Trends

Sep 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 Electromagnets. 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)$4.78k
IMPORTS (2022)$312k
NET TRADE (2022)-$307k

In 2022, Jamaica exported $4.78k in Electromagnets. The main destinations of Jamaica exports on Electromagnets were United States ($4.72k) and Antigua and Barbuda ($60).

In 2022, Jamaica imported $312k in Electromagnets, mainly from United States ($145k), China ($58.1k), Germany ($33.7k), Hong Kong ($27.5k), and Netherlands ($14.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
United States$4.57k (3.09k%)
Antigua and Barbuda$60 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Jamaica WERE (2021 - 2022):
Grenada-$81 (-100%)
Dominican Republic-$27 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Jamaica's main importing competitors in Electromagnets were:
Germany $1.58B
United States $1.51B
Japan $1.04B

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.8k
TOP IMPORT POTENTIALChina+ $82.4k

Electromagnets’s highest export potential is United States. With an export gap of $10.8k.   Electromagnets’s highest import potential is China with an import gap of $82.4k.

See methodology.

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