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2022
Exports $3.85MWorld Rnk 61 / 194
Flag Rnk 35 / 794
2022
Destination $30.8k United States
2021 - 2022
FASTEST GROWING MARKET $30.8kSaint Lucia
2022
PRODUCT COMPLEXITY IN Spices-1.63Rnk 964 / 1025
2022
Imports $4.09MWorld Rnk 87 / 223
Flag Rnk 247 / 1118
2022
Origin $135k Canada
2021 - 2022
FASTEST GROWING ORIGIN $135kIndia
2022
ECONOMIC COMPLEXITY of Jamaica-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $3.85M in Spices, making it the 61st largest exporter of Spices in the world. At the same year, Spices was the 35th most exported product in Jamaica. The main destination of Spices exports from Jamaica are: United States ($2.79M), Barbados ($260k), Canada ($206k), United Kingdom ($141k), and Saint Lucia ($105k).

The fastest growing export markets for Spices of Jamaica between 2021 and 2022 were Saint Lucia ($30.8k), Barbados ($23.4k), and Grenada ($8.7k).

Imports In 2022, Jamaica imported $4.09M in Spices, becoming the 87th largest importer of Spices in the world. At the same year, Spices was the 247th most imported product in Jamaica. Jamaica imports Spices primarily from: Canada ($1.38M), United States ($948k), India ($566k), United Kingdom ($513k), and Thailand ($410k).

The fastest growing import markets in Spices for Jamaica between 2021 and 2022 were India ($135k), Thailand ($109k), and United Kingdom ($74.6k).

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 Spices. 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)$3.85M
IMPORTS (2022)$4.09M
NET TRADE (2022)-$239k

In 2022, Jamaica exported $3.85M in Spices. The main destinations of Jamaica exports on Spices were United States ($2.79M), Barbados ($260k), Canada ($206k), United Kingdom ($141k), and Saint Lucia ($105k).

In 2022, Jamaica imported $4.09M in Spices, mainly from Canada ($1.38M), United States ($948k), India ($566k), United Kingdom ($513k), and Thailand ($410k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Saint Lucia$30.8k (41.4%)
Barbados$23.4k (9.9%)
Grenada$8.7k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Jamaica WERE (2021 - 2022):
United States-$813k (-22.6%)
Trinidad and Tobago-$40.8k (-34.3%)
Antigua and Barbuda-$32.3k (-37.7%)
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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 Spices were:
India $538M
China $518M
Netherlands $203M
In 2022, Jamaica's main importing competitors in Spices were:
United States $364M
Germany $211M
Netherlands $167M

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $713k
TOP IMPORT POTENTIALIndia+ $216k

Spices’s highest export potential is United States. With an export gap of $713k.   Spices’s highest import potential is India with an import gap of $216k.

See methodology.

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