2023
Exports
$64.6kWorld Rnk 86 / 160
Flag Rnk 299 / 778
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$2.01MWorld Rnk 106 / 221
Flag Rnk 367 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $64.6k in Pure Olive Oil, making it the 86th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 299th most exported product in Jamaica. The main destination of Pure Olive Oil exports from Jamaica are: United States ($38.9k), Canada ($13.8k), Cayman Islands ($8.68k), Antigua and Barbuda ($1.21k), and United Kingdom ($1.18k).

The fastest growing export markets for Pure Olive Oil of Jamaica between 2022 and 2023 were Cayman Islands ($2.18k), Canada ($469), and British Virgin Islands ($429).

Imports In 2023, Jamaica imported $2.01M in Pure Olive Oil, becoming the 106th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 367th most imported product in Jamaica. Jamaica imports Pure Olive Oil primarily from: Spain ($1.2M), United States ($447k), Italy ($128k), Turkey ($99.8k), and Germany ($93.9k).

The fastest growing import markets in Pure Olive Oil for Jamaica between 2022 and 2023 were Spain ($360k), United States ($248k), and Italy ($119k).

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 Pure Olive 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 (2023)$64.6k
IMPORTS (2023)$2.01M
NET TRADE (2023)-$1.95M

In 2023, Jamaica exported $64.6k in Pure Olive Oil. The main destinations of Jamaica exports on Pure Olive Oil were United States ($38.9k), Canada ($13.8k), Cayman Islands ($8.68k), Antigua and Barbuda ($1.21k), and United Kingdom ($1.18k).

In 2023, Jamaica imported $2.01M in Pure Olive Oil, mainly from Spain ($1.2M), United States ($447k), Italy ($128k), Turkey ($99.8k), and Germany ($93.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
Cayman Islands$2.18k (33.6%)
Canada$469 (3.51%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Jamaica WERE (2022 - 2023):
United States-$41.9k (-51.8%)
Antigua and Barbuda-$1.57k (-56.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Jamaica's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $113k
TOP IMPORT POTENTIALSpain+ $101k

Pure Olive Oil’s highest export potential is United States. With an export gap of $113k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $101k.

See methodology.

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