1945

In 2012, the value of merchandise exports of Jamaica increased moderately by 5.5 percent to reach 1.7 bln US$, while its merchandise imports increased slightly by 2.2 percent to reach 6.6 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 4.9 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Latin America and the Caribbean at -2.6 bln US$ (see graph 4). Merchandise exports in Jamaica were moderately concentrated amongst partners; imports were also moderately concentrated. The top 10 partners accounted for 80 percent or more of exports and 9 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Jamaica increased slightly by 2.0 percent, reaching 2.7 bln US$, while its imports of services increased slightly by 4.3 percent and reached 2.0 bln US$ (see graph 2). There was a moderate trade in services surplus of 638.9 mln US$.

Related Subject(s): International Trade and Finance
Countries: Jamaica
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