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2022
Exports $140kWorld Rnk 97 / 206
Flag Rnk 231 / 794
2022
Destination $81.7k Venezuela
2021 - 2022
FASTEST GROWING MARKET $81.7kVenezuela
2022
PRODUCT COMPLEXITY IN Motor-working Tools1.33Rnk 88 / 1025
2022
Imports $4.26MWorld Rnk 108 / 224
Flag Rnk 243 / 1118
2022
Origin $361k United States
2021 - 2022
FASTEST GROWING ORIGIN $361kUnited States
2022
ECONOMIC COMPLEXITY of Jamaica-0.17Rnk 72 / 133

About

Exports In 2022, Jamaica exported $140k in Motor-working Tools, making it the 97th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 231st most exported product in Jamaica. The main destination of Motor-working Tools exports from Jamaica are: Venezuela ($81.7k), United States ($38.8k), Grenada ($13.5k), Chile ($3.37k), and Germany ($1.68k).

The fastest growing export markets for Motor-working Tools of Jamaica between 2021 and 2022 were Venezuela ($81.7k), United States ($16.4k), and Grenada ($3.89k).

Imports In 2022, Jamaica imported $4.26M in Motor-working Tools, becoming the 108th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 243rd most imported product in Jamaica. Jamaica imports Motor-working Tools primarily from: United States ($2.15M), China ($567k), Germany ($480k), Brazil ($395k), and United Kingdom ($190k).

The fastest growing import markets in Motor-working Tools for Jamaica between 2021 and 2022 were United States ($361k), Germany ($236k), and Dominican Republic ($150k).

Latest Trends

Sep 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 Motor-working Tools. 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)$140k
IMPORTS (2022)$4.26M
NET TRADE (2022)-$4.12M

In 2022, Jamaica exported $140k in Motor-working Tools. The main destinations of Jamaica exports on Motor-working Tools were Venezuela ($81.7k), United States ($38.8k), Grenada ($13.5k), Chile ($3.37k), and Germany ($1.68k).

In 2022, Jamaica imported $4.26M in Motor-working Tools, mainly from United States ($2.15M), China ($567k), Germany ($480k), Brazil ($395k), and United Kingdom ($190k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Jamaica WERE (2021 - 2022):
Venezuela$81.7k (1%)
United States$16.4k (73.1%)
Grenada$3.89k (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Jamaica WERE (2021 - 2022):
Cayman Islands-$172k (-99.8%)
Saint Vincent and the Grenadines-$1.15k (-100%)
Peru-$49 (-100%)
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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 Motor-working Tools were:
China $3.37B
Germany $1.3B
Chinese Taipei $897M
In 2022, Jamaica's main importing competitors in Motor-working Tools were:
United States $1.76B
Germany $581M
France $454M

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $145k
TOP IMPORT POTENTIALChina+ $961k

Motor-working Tools’s highest export potential is United States. With an export gap of $145k.   Motor-working Tools’s highest import potential is China with an import gap of $961k.

See methodology.

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