Jamaica

In 2014, the value of merchandise exports of Jamaica decreased moderately by 7.5 percent to reach 1.5 bln US$, while its merchandise imports decreased moderately by 6.1 percent to reach 5.8 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 4.4 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Latin America and the Caribbean at -1.8 bln US$ (see graph 4). Merchandise exports in Jamaica were moderately concentrated amongst partners; imports were also moderately concentrated. The top 8 partners accounted for 80 percent or more of exports and 11 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Jamaica decreased slightly by 1.1 percent, reaching 2.7 bln US$, while its imports of services decreased moderately by 5.0 percent and reached 2.1 bln US$ (see graph 2). There was a moderate trade in services surplus of 598.4 mln US$.

Related Subject(s): International Trade and Finance

Countries: Jamaica