Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Jamaica

Jamaica ranked No. 72 in total trade value through August with a total of $1.98 billion. Exports totaled $1.72 billion and Imports totaled $260.4 million, a surplus of $1.46 billion.

January – August 2019

Top Trading Ports

Total Trade: $1.98 billion

RankPortTotal YTD
1Port Miami $430,109,324
2Port of New Orleans $300,654,294
3Port of Houston $292,229,163
4Port of Southern Louisiana, Gramercy, St. James Parish $235,315,100
5Port of New York $77,000,701
6Port of Mobile, Ala. $72,080,389
7Low-Valued Imports and Exports $72,011,163
8Miami International Airport $65,450,753
9Port of Lake Charles, La. $55,269,727
10Port of Savannah, Ga. $54,771,642

U.S. trade with Jamaica rose to $1.98 billion through August

Jamaica’s trade with the United States rose to $1.98 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.66 percent below its total trade during the same time period last year. U.S. exports to Jamaica decreased 2.91 percent while U.S. imports from Jamaica rose 7.56 percent. The U.S. surplus with Jamaica was $1.46 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Miami; No. 2 Port of New Orleans; No. 3 Port of Houston; No. 4 Port of Southern Louisiana, Gramercy, St. James Parish; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Port Miami No. 2 Port of Houston No. 3 Port of New Orleans No. 4 Port of Southern Louisiana, Gramercy, St. James Parish and No. 5 Port Everglades, Fla.. In the current time period, the top five accounted for 67.37 percent of Jamaica’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 37.51 percent to $430.11 million.
    Exports rose 35.08 percent to $390.94 million. Imports rose 67.58 percent to $39.17 million.
  • Trade with No. 2 Port of New Orleans rose 5.74 percent to $300.65 million.
    Exports fell 8.84 percent to $230.32 million. Imports rose 122.11 percent to $70.34 million.
  • Trade with No. 3 Port of Houston fell 5.09 percent to $292.23 million.
    Exports fell 4.48 percent to $289.63 million. Imports fell 44.56 percent to $2.6 million.
  • Trade with No. 4 Port of Southern Louisiana, Gramercy, St. James Parish rose 7.98 percent to $235.32 million.
    Exports rose 10.15 percent to $181.12 million. Imports rose 1.3 percent to $54.19 million.
  • Trade with No. 5 Port of New York fell 24.93 percent to $77 million.
    Exports fell 18.59 percent to $62.52 million. Imports fell 43.81 percent to $14.48 million.

Jamaica ranked No. 72 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 74.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Jamaica by value through August were the categories of Gasoline, other fuels; Low value shipments; Sodium or potassium hydroxide or peroxide; Petroleum gases, other gaseous hydrocarbons; and Oil, respectively. They accounted for 46.41 percent of total exports to Jamaica.

The value of the top five categories of U.S. imports from Jamaica –– Misc. aluminum oxides and hydroxides; Aluminum ores and concentrates; Cassava, arrowroot, fresh or dry; Beer; and Rum, gin, vodka, other liquors –– accounted for 62.95 percent of all inbound shipments.

Looking more closely at U.S. exports to Jamaica:

  • Gasoline, other fuels rose 5.18 percent compared to last year to $578.08 million.
  • Low value shipments fell 2.92 percent compared to last year to $72.01 million.
  • Sodium or potassium hydroxide or peroxide fell 49.87 percent compared to last year to $68.65 million.
  • Petroleum gases, other gaseous hydrocarbons rose 15.96 percent compared to last year to $42.16 million.
  • Oil totaled $38.12 million. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Jamaica:

  • Misc. aluminum oxides and hydroxides rose 35.76 percent compared to last year to $68.53 million.
  • Aluminum ores and concentrates rose 5.56 percent compared to last year to $53.1 million.
  • Cassava, arrowroot, fresh or dry rose 8.91 percent compared to last year to $16.41 million.
  • Beer fell 34.39 percent compared to last year to $12.96 million.
  • Rum, gin, vodka, other liquors rose 7.4 percent compared to last year to $12.92 million.

In the latest annual figures available, Jamaica recorded $2.43 billion in trade with the United States. At year’s end, its were Miami; New Orleans; Houston; New York City; and Mobile. Total U.S. exports to Jamaica were $ 2.09 billion and imports from Jamaica were $337.63 million. The U.S. surplus with Jamaica was $1.75 billion.