2022
Exports
$7.16kWorld Rnk 122 / 152
Flag Rnk 502 / 794
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$191kWorld Rnk 178 / 211
Flag Rnk 725 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $7.16k in Seed Oils, making it the 122nd largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 502nd most exported product in Jamaica. The main destination of Seed Oils exports from Jamaica are: Suriname ($5.22k), Canada ($1.94k), and Namibia ($2).

The fastest growing export markets for Seed Oils of Jamaica between 2021 and 2022 were Suriname ($5.22k), Canada ($1.94k), and Namibia ($2).

Imports In 2022, Jamaica imported $191k in Seed Oils, becoming the 178th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 725th most imported product in Jamaica. Jamaica imports Seed Oils primarily from: United States ($105k), Argentina ($60.6k), Turkey ($22.5k), United Kingdom ($1.68k), and India ($856).

The fastest growing import markets in Seed Oils for Jamaica between 2021 and 2022 were United States ($61.4k), Turkey ($2.54k), and United Kingdom ($1.68k).

COMPANIES In 2023, leading companies such as Heineken (1) were at the forefront of shipping Seed Oils from Jamaica to the United States.

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 Seed Oils. 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)$7.16k
IMPORTS (2022)$191k
NET TRADE (2022)-$183k

In 2022, Jamaica exported $7.16k in Seed Oils. The main destinations of Jamaica exports on Seed Oils were Suriname ($5.22k), Canada ($1.94k), and Namibia ($2).

In 2022, Jamaica imported $191k in Seed Oils, mainly from United States ($105k), Argentina ($60.6k), Turkey ($22.5k), United Kingdom ($1.68k), and India ($856).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Suriname$5.22k (1%)
Canada$1.94k (1%)
Namibia$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Jamaica WERE (2021 - 2022):Saint Vincent and the Grenadines-$41 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Jamaica's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $2.56k
TOP IMPORT POTENTIALArgentina+ $46.8k

Seed Oils’s highest export potential is Canada. With an export gap of $2.56k.   Seed Oils’s highest import potential is Argentina with an import gap of $46.8k.

See methodology.

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