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Jamaica

Jamaica ranked No. 74 in total trade value through October with a total of $2.49 billion. Exports totaled $2.19 billion and Imports totaled $305.15 million, a surplus of $1.88 billion.

January – October 2018

Top Trading Ports

Total Trade: $2.49 billion

RankPortTotal YTD
1Port Miami $391,652,903
2Port of Houston $375,559,377
3Port of New Orleans $328,485,569
4Port of Southern Louisiana, Gramercy, St. James Parish $262,779,678
5Port Everglades, Fla. $155,922,244
6Port of New York $127,957,761
7Port of Mobile, Ala. $112,210,749
8Miami International Airport $107,286,764
9Low-Valued Imports and Exports $91,501,984
10Port of Lake Charles, La. $82,710,929

U.S. trade with Jamaica rose to $2.49 billion through October

Jamaica’s trade with the United States rose to $2.49 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 27.98 percent above its total trade during the same time period last year. Jamaica’s exports increased 30.06 percent while imports rose 14.81 percent. The U.S. surplus with Jamaica was $1.88 billion.

Through October, 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 Everglades, Fla.. 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 60.8 percent of Jamaica’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 8.22 percent to $391.65 million.
    Exports rose 6.96 percent to $360.61 million. Imports rose 25.37 percent to $31.04 million.
  • Trade with No. 2 Port of Houston rose 50.22 percent to $375.56 million.
    Exports rose 50.75 percent to $369.83 million. Imports rose 22.43 percent to $5.73 million.
  • Trade with No. 3 Port of New Orleans rose 50.98 percent to $328.49 million.
    Exports rose 37.96 percent to $296.69 million. Imports rose 1166.51 percent to $31.8 million.
  • Trade with No. 4 Port of Southern Louisiana, Gramercy, St. James Parish rose 29.72 percent to $262.78 million.
    Exports rose 43.74 percent to $194.79 million. Imports rose 1.39 percent to $67.99 million.
  • Trade with No. 5 Port Everglades, Fla. rose 31.58 percent to $155.92 million.
    Exports rose 33.67 percent to $140.2 million. Imports rose 15.44 percent to $15.72 million.

Jamaica ranked No. 74 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 76.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Jamaica by value through October were the categories of Gasoline, other fuels; Sodium or potassium hydroxide or peroxide; Low value shipments; Returned exports, with change; and Petroleum gases, other gaseous hydrocarbons, respectively. They accounted for 48.78 percent of total exports to Jamaica.

The value of the top five categories of U.S. imports from Jamaica –– Aluminum ores and concentrates; Misc. aluminum oxides and hydroxides; Value added to a returned import; Beer; and Cassava, arrowroot, fresh or dry –– accounted for 65.02 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 58.25 percent compared to last year to $698.21 million.
  • Sodium or potassium hydroxide or peroxide rose 77.52 percent compared to last year to $155.38 million.
  • Low value shipments rose 31.79 percent compared to last year to $91.5 million.
  • Returned exports, with change rose 27.46 percent compared to last year to $77.43 million.
  • Petroleum gases, other gaseous hydrocarbons rose 160.44 percent compared to last year to $43.64 million.

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

  • Aluminum ores and concentrates fell 2.5 percent compared to last year to $64.68 million.
  • Misc. aluminum oxides and hydroxides rose 36.52 percent compared to last year to $60.18 million.
  • Value added to a returned import rose 76.7 percent compared to last year to $30.57 million.
  • Beer rose 8.51 percent compared to last year to $22.32 million.
  • Cassava, arrowroot, fresh or dry rose 11.67 percent compared to last year to $20.66 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.