2023
Exports
$267kWorld Rnk 110 / 207
Flag Rnk 156 / 778
2023
PRODUCT COMPLEXITY IN Thermostats
1.17Rnk 113 / 1025
2023
Imports
$4.1MWorld Rnk 121 / 223
Flag Rnk 246 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $267k in Thermostats, making it the 110th largest exporter of Thermostats in the world. At the same year, Thermostats was the 156th most exported product in Jamaica. The main destination of Thermostats exports from Jamaica are: United States ($253k), Guyana ($7.66k), France ($6.35k), Philippines ($324), and Grenada ($59).

The fastest growing export markets for Thermostats of Jamaica between 2022 and 2023 were United States ($72.7k), Guyana ($7.66k), and France ($3.84k).

Imports In 2023, Jamaica imported $4.1M in Thermostats, becoming the 121st largest importer of Thermostats in the world. At the same year, Thermostats was the 246th most imported product in Jamaica. Jamaica imports Thermostats primarily from: United States ($1.88M), China ($915k), Spain ($277k), Italy ($184k), and Germany ($141k).

The fastest growing import markets in Thermostats for Jamaica between 2022 and 2023 were China ($419k), Spain ($164k), and Italy ($132k).

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 Thermostats. 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)$267k
IMPORTS (2023)$4.1M
NET TRADE (2023)-$3.83M

In 2023, Jamaica exported $267k in Thermostats. The main destinations of Jamaica exports on Thermostats were United States ($253k), Guyana ($7.66k), France ($6.35k), Philippines ($324), and Grenada ($59).

In 2023, Jamaica imported $4.1M in Thermostats, mainly from United States ($1.88M), China ($915k), Spain ($277k), Italy ($184k), and Germany ($141k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
United States$72.7k (40.4%)
Guyana$7.66k (1%)
France$3.84k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Jamaica WERE (2022 - 2023):
Bahamas-$1.17k (-100%)
Grenada-$1.06k (-94.7%)
Dominican Republic-$716 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Thermostats were:
In 2023, Jamaica's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $301k
TOP IMPORT POTENTIALUnited States+ $473k

Thermostats’s highest export potential is United States. With an export gap of $301k.   Thermostats’s highest import potential is United States with an import gap of $473k.

See methodology.

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