2022
Exports
$75.5kWorld Rnk 61 / 104
Flag Rnk 283 / 794
2022
PRODUCT COMPLEXITY IN Wood Barrels
0.13Rnk 510 / 1025
2022
Imports
$1.43MWorld Rnk 47 / 188
Flag Rnk 404 / 1118
2022
ECONOMIC COMPLEXITY of Jamaica
-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $75.5k in Wood Barrels, making it the 61st largest exporter of Wood Barrels in the world. At the same year, Wood Barrels was the 283rd most exported product in Jamaica. The main destination of Wood Barrels exports from Jamaica are: United States ($45k), Chile ($20.2k), United Kingdom ($6.61k), Argentina ($2.89k), and Switzerland ($776).

The fastest growing export markets for Wood Barrels of Jamaica between 2021 and 2022 were Chile ($20.2k), Argentina ($2.89k), and Switzerland ($393).

Imports In 2022, Jamaica imported $1.43M in Wood Barrels, becoming the 47th largest importer of Wood Barrels in the world. At the same year, Wood Barrels was the 404th most imported product in Jamaica. Jamaica imports Wood Barrels primarily from: United States ($1.2M), Canada ($110k), Spain ($52.1k), China ($40.6k), and France ($15.5k).

The fastest growing import markets in Wood Barrels for Jamaica between 2021 and 2022 were Canada ($102k), United States ($79.5k), and Spain ($52.1k).

Latest Trends

Jul 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 Wood Barrels. 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)$75.5k
IMPORTS (2022)$1.43M
NET TRADE (2022)-$1.35M

In 2022, Jamaica exported $75.5k in Wood Barrels. The main destinations of Jamaica exports on Wood Barrels were United States ($45k), Chile ($20.2k), United Kingdom ($6.61k), Argentina ($2.89k), and Switzerland ($776).

In 2022, Jamaica imported $1.43M in Wood Barrels, mainly from United States ($1.2M), Canada ($110k), Spain ($52.1k), China ($40.6k), and France ($15.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Barrels EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Chile$20.2k (1%)
Argentina$2.89k (1%)
Switzerland$393 (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Barrels BY Jamaica WERE (2021 - 2022):
United States-$78.2k (-63.5%)
Italy-$31.2k (-100%)
Ireland-$26.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Jamaica's main exporting competitors in Wood Barrels were:
In 2022, Jamaica's main importing competitors in Wood Barrels were:

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Trade Value of Wood Barrels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $54.1k
TOP IMPORT POTENTIALFrance+ $26.4k

Wood Barrels’s highest export potential is United States. With an export gap of $54.1k.   Wood Barrels’s highest import potential is France with an import gap of $26.4k.

See methodology.

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