2022
Exports
$776kWorld Rnk 126 / 222
Flag Rnk 99 / 794
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$50.6MWorld Rnk 119 / 225
Flag Rnk 23 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $776k in Insulated Wire, making it the 126th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 99th most exported product in Jamaica. The main destination of Insulated Wire exports from Jamaica are: Panama ($216k), United States ($213k), Suriname ($91.1k), Trinidad and Tobago ($57.5k), and Saint Kitts and Nevis ($55.9k).

The fastest growing export markets for Insulated Wire of Jamaica between 2021 and 2022 were Panama ($208k), Suriname ($91.1k), and Trinidad and Tobago ($57.4k).

Imports In 2022, Jamaica imported $50.6M in Insulated Wire, becoming the 119th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 23rd most imported product in Jamaica. Jamaica imports Insulated Wire primarily from: Trinidad and Tobago ($14.4M), China ($13.1M), United States ($6.01M), Turkey ($5.18M), and Italy ($3.47M).

The fastest growing import markets in Insulated Wire for Jamaica between 2021 and 2022 were Turkey ($3.5M), China ($1.97M), and Malta ($595k).

COMPANIES In 2023, leading companies such as Badcock Home Furniture (4) were at the forefront of shipping Insulated Wire from Jamaica to the United States.

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 Insulated Wire. 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)$776k
IMPORTS (2022)$50.6M
NET TRADE (2022)-$49.8M

In 2022, Jamaica exported $776k in Insulated Wire. The main destinations of Jamaica exports on Insulated Wire were Panama ($216k), United States ($213k), Suriname ($91.1k), Trinidad and Tobago ($57.5k), and Saint Kitts and Nevis ($55.9k).

In 2022, Jamaica imported $50.6M in Insulated Wire, mainly from Trinidad and Tobago ($14.4M), China ($13.1M), United States ($6.01M), Turkey ($5.18M), and Italy ($3.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Panama$208k (2.51k%)
Suriname$91.1k (1%)
Trinidad and Tobago$57.4k (51.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Jamaica WERE (2021 - 2022):
United States-$254k (-54.5%)
Spain-$237k (-100%)
Dominica-$24.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Insulated Wire were:
In 2022, Jamaica's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $532k
TOP IMPORT POTENTIALChina+ $5.39M

Insulated Wire’s highest export potential is United States. With an export gap of $532k.   Insulated Wire’s highest import potential is China with an import gap of $5.39M.

See methodology.

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