2023
Exports
$4.08MWorld Rnk 61 / 178
Flag Rnk 38 / 778
2023
PRODUCT COMPLEXITY IN Soups and Broths
-0.55Rnk 719 / 1025
2023
Imports
$8.84MWorld Rnk 75 / 224
Flag Rnk 158 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $4.08M in Soups and Broths, making it the 61st largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 38th most exported product in Jamaica. The main destination of Soups and Broths exports from Jamaica are: United States ($3.43M), Cayman Islands ($158k), Antigua and Barbuda ($59.3k), Saint Lucia ($58.2k), and Turks and Caicos Islands ($56.4k).

The fastest growing export markets for Soups and Broths of Jamaica between 2022 and 2023 were United States ($388k), Cayman Islands ($54.9k), and Antigua and Barbuda ($32.5k).

Imports In 2023, Jamaica imported $8.84M in Soups and Broths, becoming the 75th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 158th most imported product in Jamaica. Jamaica imports Soups and Broths primarily from: United States ($7.32M), Dominican Republic ($773k), South Korea ($470k), Canada ($127k), and Guatemala ($65.9k).

The fastest growing import markets in Soups and Broths for Jamaica between 2022 and 2023 were United States ($438k), South Korea ($418k), and Canada ($48.5k).

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 Soups and Broths. 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)$4.08M
IMPORTS (2023)$8.84M
NET TRADE (2023)-$4.76M

In 2023, Jamaica exported $4.08M in Soups and Broths. The main destinations of Jamaica exports on Soups and Broths were United States ($3.43M), Cayman Islands ($158k), Antigua and Barbuda ($59.3k), Saint Lucia ($58.2k), and Turks and Caicos Islands ($56.4k).

In 2023, Jamaica imported $8.84M in Soups and Broths, mainly from United States ($7.32M), Dominican Republic ($773k), South Korea ($470k), Canada ($127k), and Guatemala ($65.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
United States$388k (12.7%)
Cayman Islands$54.9k (53.4%)
Antigua and Barbuda$32.5k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Jamaica WERE (2022 - 2023):
United Kingdom-$93.3k (-91.3%)
Barbados-$23.8k (-66.2%)
Panama-$6.01k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Soups and Broths were:
In 2023, Jamaica's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $849k
TOP IMPORT POTENTIALCanada+ $104k

Soups and Broths’s highest export potential is United States. With an export gap of $849k.   Soups and Broths’s highest import potential is Canada with an import gap of $104k.

See methodology.

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