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2022
Exports $265MWorld Rnk 64 / 160
Flag Rnk 2 / 794
2022
Destination $180M United States
2021 - 2022
FASTEST GROWING MARKET $180MUnited States
2022
PRODUCT COMPLEXITY IN Petroleum Gas-1.98Rnk 1000 / 1025
2022
Imports $385MWorld Rnk 67 / 222
Flag Rnk 3 / 1118
2022
Origin $196M Trinidad and Tobago
2021 - 2022
FASTEST GROWING ORIGIN $196MTrinidad and Tobago
2022
ECONOMIC COMPLEXITY of Jamaica-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $265M in Petroleum Gas, making it the 64th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in Jamaica. The main destination of Petroleum Gas exports from Jamaica are: United States ($244M), Croatia ($8.73M), Finland ($5.98M), Mexico ($4.44M), and Netherlands ($1.81M).

The fastest growing export markets for Petroleum Gas of Jamaica between 2021 and 2022 were United States ($180M), Croatia ($8.73M), and Finland ($5.98M).

Imports In 2022, Jamaica imported $385M in Petroleum Gas, becoming the 67th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most imported product in Jamaica. Jamaica imports Petroleum Gas primarily from: Trinidad and Tobago ($239M), United States ($69.4M), Nigeria ($43.4M), Dominican Republic ($33M), and Italy ($20.8k).

The fastest growing import markets in Petroleum Gas for Jamaica between 2021 and 2022 were Trinidad and Tobago ($196M), Dominican Republic ($2.09M), and China ($11.8k).

Latest Trends

Aug 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 Petroleum Gas. 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)$265M
IMPORTS (2022)$385M
NET TRADE (2022)-$120M

In 2022, Jamaica exported $265M in Petroleum Gas. The main destinations of Jamaica exports on Petroleum Gas were United States ($244M), Croatia ($8.73M), Finland ($5.98M), Mexico ($4.44M), and Netherlands ($1.81M).

In 2022, Jamaica imported $385M in Petroleum Gas, mainly from Trinidad and Tobago ($239M), United States ($69.4M), Nigeria ($43.4M), Dominican Republic ($33M), and Italy ($20.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
United States$180M (283%)
Croatia$8.73M (1%)
Finland$5.98M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Jamaica WERE (2021 - 2022):
Mexico-$3.04M (-40.6%)
Grenada-$47 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Petroleum Gas were:
Norway $154B
United States $116B
Russia $71.5B
In 2022, Jamaica's main importing competitors in Petroleum Gas were:
Germany $98B
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.5M
TOP IMPORT POTENTIALUnited States+ $42.4M

Petroleum Gas’s highest export potential is United States. With an export gap of $40.5M.   Petroleum Gas’s highest import potential is United States with an import gap of $42.4M.

See methodology.

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