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2017
Exports $2.51kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Palm Oil-2.25Rnk 1010 / 1025
2017
Imports $10.4MWorld Rnk 120 / 206
Flag Rnk 141 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica-0.14Rnk 70 / 132

About

Imports In 2023, Jamaica imported $10.4M in Palm Oil, becoming the 120th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 141st most imported product in Jamaica. Jamaica imports Palm Oil primarily from: Indonesia ($5.83M), Colombia ($2.83M), United States ($1.49M), United Arab Emirates ($129k), and Malaysia ($112k).

The fastest growing import markets in Palm Oil for Jamaica between 2022 and 2023 were Colombia ($2.83M) and United Arab Emirates ($129k).

Latest Trends

Dec 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 Palm Oil. 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 (2017)$2.51k
IMPORTS (2023)$10.4M
NET TRADE (2023)-$10.4M

In 2023, Jamaica imported $10.4M in Palm Oil, mainly from Indonesia ($5.83M), Colombia ($2.83M), United States ($1.49M), United Arab Emirates ($129k), and Malaysia ($112k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Palm Oil were:
Indonesia $24.8B
Malaysia $14B
Netherlands $1.12B
In 2023, Jamaica's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B
Pakistan $2.86B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $687
TOP IMPORT POTENTIALIndonesia+ $871k

Palm Oil’s highest export potential is China. With an export gap of $687.   Palm Oil’s highest import potential is Indonesia with an import gap of $871k.

See methodology.

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