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Jamaica

Jamaica ranked No. 72 in total trade value through February with a total of $450.19 million. Exports totaled $388.62 million and Imports totaled $61.57 million, a surplus of $327.06 million.

January – February 2019

Top Trading Ports

Total Trade: $450.19 million

RankPortTotal YTD
1Port Miami $89,987,035
2Port of Houston $81,809,209
3Port of New Orleans $49,609,746
4Port of Southern Louisiana, Gramercy, St. James Parish $49,146,920
5Port of Mobile, Ala. $31,177,278
6Port of New York $17,088,050
7Low-Valued Imports and Exports $16,219,038
8Miami International Airport $14,225,096
9Port of Savannah, Ga. $13,152,191
10Port of Virginia $12,039,457

U.S. trade with Jamaica rose to $450.19 million through February

Jamaica’s trade with the United States rose to $450.19 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 10.51 percent above its total trade during the same time period last year. Jamaica’s exports increased 11.12 percent while imports rose 6.82 percent. The U.S. surplus with Jamaica was $327.06 million.

Through February, the top five among the nation’s airports, seaports and border crossings 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 of Mobile, Ala.. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port Miami No. 3 Port of New Orleans No. 4 Port Everglades, Fla. and No. 5 Port of New York. In the current time period, the top five accounted for 67.02 percent of Jamaica’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 36.29 percent to $89.99 million.
    Exports rose 35.51 percent to $81.45 million. Imports rose 44.17 percent to $8.54 million.
  • Trade with No. 2 Port of Houston rose 8.61 percent to $81.81 million.
    Exports rose 9.98 percent to $81.04 million. Imports fell 53.27 percent to $764,638.
  • Trade with No. 3 Port of New Orleans fell 18.89 percent to $49.61 million.
    Exports fell 49.69 percent to $27.25 million. Imports rose 219.27 percent to $22.36 million.
  • Trade with No. 4 Port of Southern Louisiana, Gramercy, St. James Parish rose 134.92 percent to $49.15 million.
    Exports rose 289.12 percent to $37.99 million. Imports rose 0 percent to $11.16 million.
  • Trade with No. 5 Port of Mobile, Ala. rose 310.57 percent to $31.18 million.
    Exports rose 305.7 percent to $30.56 million. Imports rose 917.49 percent to $614,628.

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 $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Jamaica by value through February were the categories of Gasoline, other fuels; Sodium or potassium hydroxide or peroxide; Low value shipments; Computers; and Returned exports, with change, respectively. They accounted for 51.36 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 Value added to a returned import –– accounted for 69.16 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 52.5 percent compared to last year to $141.44 million.
  • Sodium or potassium hydroxide or peroxide fell 30.39 percent compared to last year to $22.42 million.
  • Low value shipments rose 10.1 percent compared to last year to $16.22 million.
  • Computers rose 54.08 percent compared to last year to $9.99 million.
  • Returned exports, with change rose 44.3 percent compared to last year to $9.55 million.

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

  • Misc. aluminum oxides and hydroxides rose 196.66 percent compared to last year to $22.17 million.
  • Aluminum ores and concentrates rose 6.8 percent compared to last year to $11.13 million.
  • Cassava, arrowroot, fresh or dry rose 24.2 percent compared to last year to $4.45 million.
  • Beer fell 61.36 percent compared to last year to $2.64 million.
  • Value added to a returned import fell 72.94 percent compared to last year to $2.18 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.