2022
Exports
$165kWorld Rnk 126 / 213
Flag Rnk 215 / 794
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$2.01MWorld Rnk 143 / 225
Flag Rnk 359 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $165k in Interchangeable Tool Parts, making it the 126th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 215th most exported product in Jamaica. The main destination of Interchangeable Tool Parts exports from Jamaica are: United States ($128k), Mexico ($27.5k), Saint Martin ($7.55k), Philippines ($1.32k), and Grenada ($374).

The fastest growing export markets for Interchangeable Tool Parts of Jamaica between 2021 and 2022 were United States ($106k), Mexico ($27.5k), and Saint Martin ($7.55k).

Imports In 2022, Jamaica imported $2.01M in Interchangeable Tool Parts, becoming the 143rd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 359th most imported product in Jamaica. Jamaica imports Interchangeable Tool Parts primarily from: United States ($701k), Dominican Republic ($617k), China ($357k), United Kingdom ($49.6k), and Germany ($41.3k).

The fastest growing import markets in Interchangeable Tool Parts for Jamaica between 2021 and 2022 were Dominican Republic ($563k), United States ($80.6k), and China ($61.1k).

Latest Trends

Jul 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 Interchangeable Tool Parts. 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)$165k
IMPORTS (2022)$2.01M
NET TRADE (2022)-$1.85M

In 2022, Jamaica exported $165k in Interchangeable Tool Parts. The main destinations of Jamaica exports on Interchangeable Tool Parts were United States ($128k), Mexico ($27.5k), Saint Martin ($7.55k), Philippines ($1.32k), and Grenada ($374).

In 2022, Jamaica imported $2.01M in Interchangeable Tool Parts, mainly from United States ($701k), Dominican Republic ($617k), China ($357k), United Kingdom ($49.6k), and Germany ($41.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
United States$106k (486%)
Mexico$27.5k (1%)
Saint Martin$7.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Jamaica WERE (2021 - 2022):
Sweden-$3.03k (-100%)
Republic of the Congo-$2.82k (-100%)
Grenada-$526 (-58.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Jamaica's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $83.2k
TOP IMPORT POTENTIALChina+ $295k

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $83.2k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $295k.

See methodology.

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