2022
Exports
$4.6MWorld Rnk 109 / 217
Flag Rnk 31 / 794
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$148MWorld Rnk 121 / 224
Flag Rnk 5 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $4.6M in Packaged Medicaments, making it the 109th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 31st most exported product in Jamaica. The main destination of Packaged Medicaments exports from Jamaica are: Trinidad and Tobago ($1.65M), Guyana ($722k), Bahamas ($714k), Cayman Islands ($304k), and Antigua and Barbuda ($229k).

The fastest growing export markets for Packaged Medicaments of Jamaica between 2021 and 2022 were Bahamas ($337k), Guyana ($287k), and Trinidad and Tobago ($195k).

Imports In 2022, Jamaica imported $148M in Packaged Medicaments, becoming the 121st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Jamaica. Jamaica imports Packaged Medicaments primarily from: India ($30.8M), United States ($25M), Panama ($21.3M), Canada ($17M), and France ($8.96M).

The fastest growing import markets in Packaged Medicaments for Jamaica between 2021 and 2022 were United States ($14.7M), France ($7.86M), and India ($6.97M).

Latest Trends

Sep 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 Packaged Medicaments. 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)$4.6M
IMPORTS (2022)$148M
NET TRADE (2022)-$143M

In 2022, Jamaica exported $4.6M in Packaged Medicaments. The main destinations of Jamaica exports on Packaged Medicaments were Trinidad and Tobago ($1.65M), Guyana ($722k), Bahamas ($714k), Cayman Islands ($304k), and Antigua and Barbuda ($229k).

In 2022, Jamaica imported $148M in Packaged Medicaments, mainly from India ($30.8M), United States ($25M), Panama ($21.3M), Canada ($17M), and France ($8.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Bahamas$337k (89.4%)
Guyana$287k (65.9%)
Trinidad and Tobago$195k (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Jamaica WERE (2021 - 2022):
Cayman Islands-$646k (-68%)
Barbados-$34.9k (-14.4%)
Turks and Caicos Islands-$6.76k (-25.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Packaged Medicaments were:
In 2022, Jamaica's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $487k
TOP IMPORT POTENTIALUnited States+ $11.9M

Packaged Medicaments’s highest export potential is United States. With an export gap of $487k.   Packaged Medicaments’s highest import potential is United States with an import gap of $11.9M.

See methodology.

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