2022
Exports
$28.1kWorld Rnk 155 / 221
Flag Rnk 362 / 794
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$1.91MWorld Rnk 138 / 218
Flag Rnk 366 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $28.1k in Knit Sweaters, making it the 155th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 362nd most exported product in Jamaica. The main destination of Knit Sweaters exports from Jamaica are: Grenada ($12.9k), Kuwait ($4.41k), Bahamas ($3.49k), Ireland ($2.07k), and South Korea ($1.81k).

The fastest growing export markets for Knit Sweaters of Jamaica between 2021 and 2022 were Kuwait ($4.41k), Bahamas ($3.42k), and Ireland ($2.07k).

Imports In 2022, Jamaica imported $1.91M in Knit Sweaters, becoming the 138th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 366th most imported product in Jamaica. Jamaica imports Knit Sweaters primarily from: China ($718k), Canada ($619k), Panama ($149k), United States ($147k), and Mexico ($65.7k).

The fastest growing import markets in Knit Sweaters for Jamaica between 2021 and 2022 were Canada ($493k), China ($154k), and Panama ($86.5k).

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 Knit Sweaters. 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)$28.1k
IMPORTS (2022)$1.91M
NET TRADE (2022)-$1.88M

In 2022, Jamaica exported $28.1k in Knit Sweaters. The main destinations of Jamaica exports on Knit Sweaters were Grenada ($12.9k), Kuwait ($4.41k), Bahamas ($3.49k), Ireland ($2.07k), and South Korea ($1.81k).

In 2022, Jamaica imported $1.91M in Knit Sweaters, mainly from China ($718k), Canada ($619k), Panama ($149k), United States ($147k), and Mexico ($65.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Kuwait$4.41k (1%)
Bahamas$3.42k (4.55k%)
Ireland$2.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Jamaica WERE (2021 - 2022):
Slovakia-$11.9k (-100%)
Grenada-$5.57k (-30.1%)
Turkey-$3.77k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Knit Sweaters were:
In 2022, Jamaica's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $5.02k
TOP IMPORT POTENTIALChina+ $791k

Knit Sweaters’s highest export potential is South Korea. With an export gap of $5.02k.   Knit Sweaters’s highest import potential is China with an import gap of $791k.

See methodology.

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