2023
Exports
$416kWorld Rnk 132 / 223
Flag Rnk 127 / 778
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$46.3MWorld Rnk 127 / 225
Flag Rnk 29 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $416k in Insulated Wire, making it the 132nd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 127th most exported product in Jamaica. The main destination of Insulated Wire exports from Jamaica are: United States ($266k), Saint Kitts and Nevis ($60.1k), Hong Kong ($25k), Trinidad and Tobago ($15.7k), and Guyana ($7.61k).

The fastest growing export markets for Insulated Wire of Jamaica between 2022 and 2023 were United States ($73.9k), Hong Kong ($25k), and Mexico ($7.61k).

Imports In 2023, Jamaica imported $46.3M in Insulated Wire, becoming the 127th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 29th most imported product in Jamaica. Jamaica imports Insulated Wire primarily from: China ($10.9M), Trinidad and Tobago ($8.05M), United States ($7.66M), Spain ($6.5M), and Italy ($3.07M).

The fastest growing import markets in Insulated Wire for Jamaica between 2022 and 2023 were Spain ($5.92M), Pakistan ($722k), and Panama ($644k).

Latest Trends

Jan 2025

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 (2023)$416k
IMPORTS (2023)$46.3M
NET TRADE (2023)-$45.9M

In 2023, Jamaica exported $416k in Insulated Wire. The main destinations of Jamaica exports on Insulated Wire were United States ($266k), Saint Kitts and Nevis ($60.1k), Hong Kong ($25k), Trinidad and Tobago ($15.7k), and Guyana ($7.61k).

In 2023, Jamaica imported $46.3M in Insulated Wire, mainly from China ($10.9M), Trinidad and Tobago ($8.05M), United States ($7.66M), Spain ($6.5M), and Italy ($3.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
United States$73.9k (38.6%)
Hong Kong$25k (1%)
Mexico$7.61k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Jamaica WERE (2022 - 2023):
Panama-$215k (-99.6%)
Suriname-$91.1k (-100%)
Trinidad and Tobago-$61.1k (-79.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Insulated Wire were:
In 2023, 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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