[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · JAM · 2024
Jamaica trade profile
In 2024, Jamaica recorded $1.6B in merchandise exports and $7.0B in imports, producing a $5.3B trade deficit. Exports changed -6.4% from the previous year, while imports changed -5.5%.[1]
Exports
$1.6B
-6.4%
Imports
$7.0B
-5.5%
Trade balance
-$5.3B
deficit
Active partners
270
43 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$507.7M
HS 28 · HS chapter
134 active HS6 lines · 28 export partners
2$398.7M
HS 27 · Mineral fuels and oils
42 active HS6 lines · 51 export partners
3$182.5M
HS 22 · HS chapter
24 active HS6 lines · 110 export partners
4$63.2M
HS 26 · HS chapter
11 active HS6 lines · 5 export partners
5$57.0M
HS 21 · HS chapter
16 active HS6 lines · 57 export partners
6$53.4M
HS 07 · HS chapter
63 active HS6 lines · 31 export partners
7$44.6M
HS 89 · HS chapter
15 active HS6 lines · 10 export partners
8$41.5M
HS 20 · HS chapter
52 active HS6 lines · 45 export partners
Leading export markets
Destinations rank bilateral export flows from Jamaica; growth describes each corridor rather than the whole economy.
1$484.5M
United States
Annual change -0.5% · 3-year CAGR -4.4%
2$120.1M
Iceland
Annual change +6.8% · 3-year CAGR 53.1%
3$117.4M
Russia
Annual change -14.9% · 3-year CAGR 32.9%
4$86.1M
Netherlands
Annual change +85.0% · 3-year CAGR -1.0%
5$84.3M
Canada
Annual change +60.2% · 3-year CAGR 4.1%
6$80.8M
Latvia
Annual change -38.0% · 3-year CAGR 1517.6%
7$78.3M
Cuba
Annual change -60.4% · 3-year CAGR 208.5%
8$75.0M
United Kingdom
Annual change -11.4% · 3-year CAGR 3.5%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.