2022
Exports
$3.49MWorld Rnk 62 / 196
Flag Rnk 38 / 794
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$1.75MWorld Rnk 86 / 214
Flag Rnk 377 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $3.49M in Essential Oils, making it the 62nd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 38th most exported product in Jamaica. The main destination of Essential Oils exports from Jamaica are: United States ($1.59M), France ($401k), United Kingdom ($378k), Germany ($373k), and Canada ($123k).

The fastest growing export markets for Essential Oils of Jamaica between 2021 and 2022 were Germany ($145k), United Kingdom ($138k), and Italy ($56.4k).

Imports In 2022, Jamaica imported $1.75M in Essential Oils, becoming the 86th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 377th most imported product in Jamaica. Jamaica imports Essential Oils primarily from: United States ($609k), China ($396k), India ($190k), Belize ($178k), and United Kingdom ($137k).

The fastest growing import markets in Essential Oils for Jamaica between 2021 and 2022 were China ($208k), Brazil ($115k), and United States ($85.2k).

Latest Trends

Oct 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 Essential Oils. 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)$3.49M
IMPORTS (2022)$1.75M
NET TRADE (2022)$1.74M

In 2022, Jamaica exported $3.49M in Essential Oils. The main destinations of Jamaica exports on Essential Oils were United States ($1.59M), France ($401k), United Kingdom ($378k), Germany ($373k), and Canada ($123k).

In 2022, Jamaica imported $1.75M in Essential Oils, mainly from United States ($609k), China ($396k), India ($190k), Belize ($178k), and United Kingdom ($137k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Germany$145k (63.9%)
United Kingdom$138k (57.8%)
Italy$56.4k (785%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Jamaica WERE (2021 - 2022):
United States-$200k (-11.2%)
Bahamas-$69.4k (-47.6%)
Canada-$29.1k (-19.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Essential Oils were:
In 2022, Jamaica's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.36M
TOP IMPORT POTENTIALIndia+ $152k

Essential Oils’s highest export potential is United States. With an export gap of $1.36M.   Essential Oils’s highest import potential is India with an import gap of $152k.

See methodology.

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